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Economics

Market wrap - morning

BY AAP | THURSDAY, 25 JAN 2007 8:57AM

The Australian share market is expected to climb higher this morning following a global share market rally and continuing strength in commodity prices. On the Sydney Futures Exchange at 0758 AEDT, the March share price index contract was trading up 33 points at 5,780.

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Editor's Choice

Pengana takes WAM feud over PIA to Takeovers Panel

KARREN VERGARA

Pengana Capital Group is again attempting to thwart the Wilson Asset Management-led board's share buyback and increased ownership in the Pengana International Equities LIC (PIA), hoping the Takeovers Panel will intervene.

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ASFA has named a new C-suite appointment, set to join on September 21 from Rest to strengthen its policy implementation initiative.

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State Super, the SAS Trustee Corporation, has named a new member of its board, saying the appointment will add to the trustee's governance structure.

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