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Showing 1 - 10 of 43 results for "Mr Spooner"

Australian market skids on Greece

AAP  |  MONDAY, 6 JUL 2015
... Greece's referendum and lower commodity prices were behind the market's sharp drop. But, "Greece is the main factor," Mr Spooner said. On Sunday, Greeks voted overwhelmingly to reject the budget austerity reforms that creditors had proposed in exchange ...

Shares lower on Greece worries

AAP  |  THURSDAY, 25 JUN 2015
... "That has got people taking back a bit of the risk premium they might have discounted over the last couple of days," Mr Spooner said. "The overall sense is that probably there will be some sort of resolution, even if Greece misses a payment or two." ...

Market Wrap PM

AAP  |  WEDNESDAY, 18 FEB 2015
... news of a $6.5 billion takeover bid for Toll Holdings by Japan Post is giving confidence to the market as a whole. Mr Spooner said resource stocks opened fairly flat. "We had a little bit of softness in the metals prices last night," he said. "Copper ...

Market wrap

AAP  |  TUESDAY, 25 NOV 2014
... "China's rate cut and Mr Draghi's statements explains the move upwards - it's particularly strong in the mining stocks," Mr Spooner said. In the resources sector at 1027 AEDT, global miner BHP Billiton was $1.30 higher at $33.00, Rio Tinto jumped $2.00 ...

Market wrap

AAP  |  WEDNESDAY, 19 NOV 2014
... week-and-a-half, we have seen fairly consistent profit-taking. It hasn't been large volumes but it has been there." Mr Spooner said another significant drag on the market was Woolworths as investors continued to feel disappointed the supermarket operator's ...

market wrap PM

... will be swimming against the tide of dividend losses that will strip around 20 points from the index this morning," Mr Spooner said. "The biggest dividend impact will come from ANZ and NAB which both go ex-dividend today." At 1015 AEDT, ANZ had lost ...

Market wrap

AAP  |  WEDNESDAY, 15 OCT 2014
... seeing a continuation of bargain hunting, with that quite strong buying that we saw on our local market on Tuesday," Mr Spooner said. A strong production report from Rio Tinto bolstered the resource sector while the iron ore price remains firmer. Mr ...

Market wrap

AAP  |  MONDAY, 1 SEP 2014
... positive start given a pretty modest lead from US markets and given also concerns about what's going on in Ukraine," Mr Spooner said. "We appear to have put that behind us a bit." Mr Spooner said investors were awaiting the release of Chinese manufacturing ...

Market wrap PM

... appears to be making some adjustment for the likelihood we are about to see the Fed start to move on interest rates," Mr Spooner said. "This has created some downward momentum in stocks." Closer to home, Mr Spooner said most investors were holding fire ...

Market wrap

AAP  |  MONDAY, 28 JUL 2014
... reports from Amazon and Visa, in particular. "Investors are waiting to take cues from the local profit reporting season," Mr Spooner said. "Forecast results are positive enough, with general expectations that earnings will grow around eight per cent." ...