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Midday market wrap: Australian shares follow US markets higher

The Australian share market regained lost ground in early trade, following a stronger tone to offshore markets overnight. At midday, the All Ordinaries was up 12.2 points to 3,060.7. US markets bounced back strongly following news Uday and Quesay Hussein ...

Afternoon market wrap: Shares and bonds both stronger

The Australian share market strengthened in afternoon trade, closing 19.6 points higher at 3,068.6. The gains followed strong advances overnight in major offshore markets, and the release locally of a favourable mix of economic data. The ABS reported ...

Afternoon market wrap: Local shares extend losses

... globe have been undermined by a sharp sell-off in US bond yields, as bond investors increasingly embrace the prospect of stronger US growth in the second half of the year. Australian bonds were also weaker, despite the prospect that the Australian Bureau ...

Midday market wrap: Australian shares edge higher

Australian shares opened modestly stronger this morning, following gains Friday in major US and European markets. US markets were buoyed by a solid earnings result from Microsoft, and positive comments from telecommunications giant Ericsson. Locally ...

Morning market wrap: US shares end week stronger

AAP | MONDAY, 21 JUL 2003

US shares closed the week on a stronger note, buoyed by favourable earnings reports from Microsoft and Ericsson. The rise also snapped a three-day streak of losses, prompted by Nokia's earlier announcement of a lacklustre earnings outlook. The Dow Jones ...

Midday market wrap: Australian shares tumble in early trade

... market, helped by subdued US inflation data and more soothing comments from Alan Greenspan. The Australian dollar was also stronger at $US0.6555, having briefly fallen below $US0.6500 at the height of the bond sell-off yesterday. All Ordinaries 3055.5 ...

Afternoon market wrap: Shares claw back earlier losses

... session was led by BHP Biliton, which closed 2c up at $9.29, and Westpac banking Corporation, gaining 11c to $16.17. The stronger session emerged despite a sell-off in Japanese stocks, with the Nikkei shedding over 2% over the day. The Australian bond ...

Midday market wrap: Australian bonds hammered

... markets are less comfortable about the prospects for a local interest rate cut. The Australian dollar also succumbed to a stronger US currency, and opened below $US0.6500. But by midday the dollar had clawed back to $US0.6505. The Australian share market ...

Market wrap: Dollar dips below $US0.6500

... market higher, offsetting further modest selling in the banking sector. The Australian bond market was also slightly stronger, following gains overnight in the US and news that employment fell 27,900 in June. All Ordinaries 3020 +11.7 NASDAQ 1747.46 ...

Morning market wrap: US stocks jump on improving outlook

... higher Monday, underpinned by upbeat comments on the semiconductor sector and growing confidence in the prospects of stronger economic growth in the second half. Chipmaker Taiwan Semiconductor Manufacturing Co. beat earnings forecasts for the June quarter ...

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Mercer Super chief executive steps down

RIDDHIMA TALWANI

Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI

The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI

L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI

Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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