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Showing 10421 - 10430 of 10717 results for "May 1997"

Afternoon market wrap: Stronger dollar hurts stocks, lifts bonds

The strengthening Australian dollar left the Australian share market weaker today, with major resource stocks leading the way down. The benchmark S&P/ASX 200 index closed 33.2 points weaker at 3266.3. The dip in the Australian market followed strong ...

Midday Market Wrap: Dollar and bonds stronger

The Australian dollar was stronger at noon, above 70 US cents as a host of international and domestic factors support its strength. At 1200 AEST the Australian dollar was trading at $US0.7053/59 compared with yesterday's close of 0.7005/10. It had traded ...

Industry groups call for active management interest in imminent IASB standards

The Australian Securities and Investments Commission (ASIC) and the Financial Reporting Council (FRC) have called on all company boards and management to take an active interest in preparing for the adoption of the International Accounting Standards ...

Industry fund signs directed brokerage agreement

The controversial practice of directed brokerage continues to make inroads in Australia, with industry fund Unisuper announcing it has entered into a commission recapture program with the Frank Russell group. Under a typical directed brokerage arrangement ...

Midday Market Wrap: No market effect from low CPI data

The Australian dollar was stronger at noon, remaining close to the $US0.7000 level it reached in overnight trade but not moving higher. At 1200 AEST the Australian dollar was trading at $US0.6988/93 compared with yesterday's close of 0.6939/44. Commonwealth ...

Afternoon market wrap: Australian shares close at new highs

The Australian stock market bounced back into positive territory to hit a fresh 16-month high today amid a mixed performance by blue chip stocks. Market heavyweights News Corp and National Australia Bank pushed higher while Telstra and Cochlear suffered ...

Midday Market Wrap: Dollar weak; bonds strong

The Australian dollar was fractionally weaker at noon but had travelled in an upwards trajectory in local trade after being knocked lower by a broadly stronger United States currency overnight. At 1200 AEST the Australian dollar was trading at $US0.6932/36 ...

Maccquarie Airports peaks on Sydney Airport earnings jump

AAP  |  TUESDAY, 21 OCT 2003
Sydney Airport has reported a dramatic rise in quarterly earnings, propelling shares in part owner Macquarie Airports (MAp) to their highest intraday levels in 16 months. Southern Cross, the Macquarie-led consortium which owns Sydney Airport, reported ...

ASX releases proposed listing rule changes

AAP  |  MONDAY, 20 OCT 2003
The Australian Stock Exchange Ltd today released its exposure draft of proposed listing rule changes. The ASX said the proposed changes were designed to deliver greater flexibility to companies wishing to raise capital at the same time as protecting ...

Perpetual profits up

AAP  |  MONDAY, 20 OCT 2003
Perpetual Trustees Australia Ltd said today that profit for the first quarter is ahead of the same period last year. Chairman Charles Curran said this reflects increased fund inflows as markets continued to improve, and cost management. "I am pleased ...