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| | | ... market on Friday ended the week on a positive note, as stronger commodity prices boosted the resources sector and the major banks also rose. The benchmark S&P/ASX200 index was up 16.8 points, or 0.31 per cent, to 5,366.9 points. The broader All Ordinaries ... |
| | | | ... $62.91 and Fortescue Metals was one cent lower at $5.25. Gold miner Newcrest was 23 cents weaker at $9.45. But the big four banks fared better, with National Australia Bank up 33 cents at $35.37, Westpac had lifted 16 cents to $34.37, ANZ climbed 29 ... |
| | | | ... $35.865, Rio Tinto had lost 86 cents at $62.81 and Fortescue Metals had dropped 10 cents to $5.23. Among the four major banks, National Australia Bank was 17 cents lower at $34.88, Westpac had shed 23 cents to $34.05, ANZ had dropped 12 cents to $32.43 ... |
| | | | ... cents to $36.52, Rio Tinto was up $1.07 at $63.45 and Fortescue Metals had lifted 13 cents to $5.30. Among the four major banks, National Australia Bank had gained 17 cents to $34.93 while Westpac had lifted 14 cents to $34.01, ANZ had climbed 13 cents ... |
| | | | ... funds are spending millions of dollars a year on advertising, with some funds' expenditure even exceeding that spent by banks on their own superannuation advertising campaigns, figures released by Nielsen show. However, overall banks' advertising expenditure ... |
| | | | ... Managers Index figures will give an insight into the economic outlook for Australia's largest trading partner. The major banks started the week lower, with Westpac down eight cents in early trade at $33.52, Commonwealth Bank 27 cents worse off at $75.39 ... |
| | | | ... diluted by concentration risk, with financials and materials companies accounting for 60% of the total market capitalisation. "Banks now operate in a lower credit growth environment and, by their nature, take on risks associated with high financial leverage ... |
| | | | ... cents to $35.60, Rio Tinto rose 70 cents to $61.50 and Fortescue Metals was 10 cents stronger at $5.00. Among the major banks, Westpac improved 17 cents to $33.41, Commonwealth Bank gained 30 cents to $75.27, ANZ put on three cents at $32.15, and National ... |
| | | | ... traditional market cap-weighted indices which, given the nature of the Australian economy, have a highly concentrated weighting to banks and miners," Lonsec said. "The Fund offers a simple and easy means of gaining a diversified exposure to the Australian ... |
| | | | ... Spooner said. "Typically, you see a bit of an announcement effect, which is negative for equity markets, whenever central banks talk about interest rates." Historically, the start of a period of tightening interest rates was usually bullish for markets ... |
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