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Market Wrap

AAP  |  MONDAY, 13 MAY 2013
The Australian market has opened flat as gains for defensive stock offset losses for Westpac and Macquarie banks. IG market strategist Evan Lucas said Westpac and Macquarie were dragging down the market as both went ex-dividend. "It's a bit of a weak ...

Market Wrap

AAP  |  MONDAY, 13 MAY 2013
The Australian market looks set to open higher after gains on Wall Street as Group of Seven finance chiefs met in Britain to discuss economic challenges. At 0802 AEST on Monday, the June share price index futures contract was up nine points at 5,216. ...

Market Wrap PM

AAP  |  FRIDAY, 10 MAY 2013
The Australian market has opened higher despite weak offshore leads as the financial sector lifts local shares. IG market strategist Evan Lucas said the Australian market had opened higher due to a strong start from the financial sector after Westpac ...

Market Wrap

AAP  |  FRIDAY, 10 MAY 2013
The Australian market looks set to open flat after mixed performances on world markets overnight. At 0751 AEST on Friday, the June share price index futures contract was up one point at 5,195. In economic news on Friday, the Reserve Bank of Australia ...

Market Wrap PM

AAP  |  THURSDAY, 9 MAY 2013
The Australian share market has opened relatively flat despite a positive lead from overseas markets. Early trading was marked by a drop in National Australia Bank (NAB), after it reported its half year net profit grew by 23 per cent to $2.52 billion. ...

Market Wrap PM

AAP  |  WEDNESDAY, 8 MAY 2013
The Australian share market has opened higher after record highs were reached on Wall Street. IG market strategist Evan Lucas said Australian shares were off to a positive start due to strong overseas leads, especially from the United States. "It's ...

Market Wrap PM

AAP  |  TUESDAY, 7 MAY 2013
... decision was keeping investors on the sidelines. "It's my thought that we won't have a rate rise, it will be steady," he told AAP. "If we were to have a rate cut, you'd have to say what's wrong with the economy." Conversely, mining stocks continued to ...

Market Wrap

AAP  |  TUESDAY, 7 MAY 2013
The Australian market looks set to open higher following a mixed performance on Wall Street where the S&P500 reached an all-time high. At 0828 AEST on Tuesday, the June share price index futures contract was up 13 points at 5,166. In economic news on ...

Market Wrap PM

AAP  |  MONDAY, 6 MAY 2013
... share market open one per cent firmer. "It's making people feel a bit more comfortable with the situation there," he told AAP. "It's showing the US jobs market is recovering... How the US is feeling in terms of confidence has an impact on the rest of ...

Market Wrap

AAP  |  MONDAY, 6 MAY 2013
The Australian market looks set to open higher after gains on Wall Street amid solid reports on housing and consumer confidence. At 0745 AEST on Wednesday, the June share price index futures contract was up four points at 5172. In economic news on Wednesday ...