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| | | ... confidence survey is due out. In Australia, the market on Monday closed more than one per cent lower, dragged back by the big banks and global miner BHP Billiton. The benchmark S&P/ASX200 index was down 76.3 points, or 1.33 per cent, at 5,659.2 points. ... |
| | | | The big banks and BHP Billiton have dragged the share market lower. Investors are being cautious around high yield stocks including the big four banks, Telstra and supermarket owners Wesfarmers and Woolworths, Bell Direct equities analyst Julia Lee ... |
| | | | ... cents, or 0.54%, to $58.01, while pure iron ore player Fortescue Metals was down four cents, or 1.73%, at $2.27. The major banks are mixed after the National Australia Bank and Westpac both traded ex-dividend this week. Commonwealth Bank has led gains ... |
| | | | ... Laurence said. "We feel much more comfortable investing in more attractively valued financials globally," he said. "Australian banks are holding much lower capital levels than global banks," with UK's Lloyds Bank core tier 1 ratio (equity over risk weighted ... |
| | | | ... Myer shares were up eight cents to $1.49 after the company announced a 2.4 per cent rise in third quarter sales. Among the banks, ANZ added 23 cents to $32.64, National Australia Bank was 58 cents higher at $35.12 and Commonwealth Bank was 51 cent stronger ... |
| | | | ... financial services businesses in Australia could not open their own businesses in these countries. Now they are proposing that banks, fund managers and insurers can partner with local businesses in China, Japan or Korea and even merge or take over local ... |
| | | | ... raising. "It's essentially held the value of its price," Mr McCarthy said. "It's a very strong performance." Among the major banks, the Commonwealth lifted 41 cents to $82.58, while ANZ gained 29 cents to $32.21 and Westpac advanced 23 cents to $33.93. ... |
| | | | ... as CEO of the CCMC for almost four years, Dr Smith has worked with tireless effort and enthusiasm with the ABA and member banks to ensure banks' compliance with the code. She has been committed to build on the reputation of the CCMC as a trusted and ... |
| | | | ... in April and "Business conditions retraced some - but not all of the gains reported in March" (NAB). Australia's big four banks - ANZ, CBA, NAB (on a trading halt), WBC - and Telstra dragged the overall index down as scribbled in the Australian Financial ... |
| | | | ... $2.60. Oil and gas giant Woodside was 55 cents higher to $34.55, while Santos picked up nine cents to $8.68. Among the major banks, the Commonwealth lifted 31 cents to $82.95, while ANZ gained three cents to $32.36 and Westpac advanced 11 cents to $34.17. ... |
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