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Showing 2691 - 2700 of 3904 results for "ASX 24"

Market Wrap - Midday

AAP  |  MONDAY, 8 AUG 2011
The Australian share market had clawed back some losses at noon after Standard and Poor's downgraded the United States credit rating for the first time in history over the weekend. After plunging four per cent on Friday, the local bourse was down more ...

Money moves from listed managed investments to ETFs

ALISON BEVEGE  |  MONDAY, 8 AUG 2011
Money poured out of listed managed investments and flooded into exchange traded commodities and funds over the last year, latest Australian Securities Exchange figures show. The ASX listed managed investments (LMI) monthly update for July showed listed ...

Market dives on US downgrade, China demands new reserve currency

ALISON BEVEGE  |  MONDAY, 8 AUG 2011
The Australian share market dropped sharply on the open as nervous investors reacted to Standard & Poor's historic weekend downgrade of US sovereign credit. At time of writing the All Ordinaries Index had fallen 66.1 points or 1.59% to 4103.6 while ...

Capital protected products shine in gloom

ALISON BEVEGE  |  MONDAY, 8 AUG 2011
Nervous market sentiment is prompting demand for defensive investments and sparking innovation with the Commonwealth Bank pondering new capital protected product structures. Moghseen Jadwat, head of business development for structured investments at ...

Market Wrap - Morning

AAP  |  MONDAY, 8 AUG 2011
Australian stocks are tipped to be pushed into the red again today after America's credit rating was downgraded for the first time in its history over the weekend. Hopes for a bounce on the Australian share market after a horror Friday appear to have ...

Market Wrap - Midday

AAP  |  FRIDAY, 5 AUG 2011
Australian shares remained around four per cent lower at noon as fears of a new global economic crisis gripped the local market. At 1200 AEST on Friday, the benchmark S&P/ASX200 index was down 168.7 points, or 3.94 per cent, at 4,107.8 while the broader ...

LICs benefit from FOFA

ALISON BEVEGE  |  FRIDAY, 5 AUG 2011
The impending loss of trailing commissions for managed funds has made listed investment companies more attractive by leveling the playing field, an industry insider said yesterday. John Robinson, chairman of Global Mining Investments (GMI), a listed ...

Markets crash as recession fears hit

ALISON BEVEGE  |  FRIDAY, 5 AUG 2011
Australian stocks plunged at the open after world markets fell sharply overnight and experts say more grief is to come. At time of writing, the All Ordinaries Index was down 173 points or 3.97% to 4179.9 while the S&P ASX 200 had given up 156.5 points ...

Market Wrap - Midday

AAP  |  THURSDAY, 4 AUG 2011
Australian shares were slightly higher at noon as they made up some of the ground lost on Wednesday, buoyed by a positive session on Wall Street. At 1200 AEST on Thursday, the benchmark S&P/ASX200 index was up 1.1 points, or 0.03 per cent, at 4,333.9 ...

Super funds hit back at anti-carbon tax groups

ELISE BURGESS  |  THURSDAY, 4 AUG 2011
Superannuation funds and fund managers have warned against the advertising campaign against the carbon tax, with concerns it's misleading the public and threatening a shareholder resolution. The Investor Group on Climate Change (IGCC), responsible for ...