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| | | The Australian stock market is flat with energy stocks weaker on heavy oil price falls. In early trade on Thursday, mining and energy stocks had given up most of Wednesday's strong gains, IG market strategist Evan Lucas said. And, he said, there was ... |
| | | | ... investors took flight from emerging markets and retreated to safe havens in developed markets. In the past year there were heavy losses for equities in key regions such as Brazil and Russia according to Legg Mason. The company said the MSCI EM Index ... |
| | | | Australian stocks have extended their losses on heavy drops in commodity prices and overnight falls on Wall Street. Crude prices eased and iron ore fell to its lowest price since tracking began in 2008. The market opened with only modest losses, but ... |
| | | | ... 1.49 per cent and the broad-based S&P 500 jumping 1.22 per cent. The major miners were the biggest winners, a day after heavy falls, with BHP Billiton adding 80 cents, or 2.7 per cent, to $30.90. Rio Tinto found $1.29, or 2.3 per cent, to $57.14 and ... |
| | | | Weaker oil and iron ore prices and plans for a bank deposit tax are contributing to heavy falls on the share market. Energy stocks are the the biggest losers after crude oil prices sunk, reversing several days of gains following the Saudi-led air assault ... |
| | | | ... ideally inform the tax policy ideas the Government will propose at that time. It makes particular emphasis on Australia's heavy reliance on income taxes, and how this will continue to rise due to the progressivity of the current income tax system. Crucially ... |
| | | | ... giant BHP Billiton. "There's a big sell-off - particularly in the banks," IG Markets strategist Evan Lucas said. He said heavy losses in US markets overnight was driving the local bourse down. "We saw over one per cent in the Dow in the S&P and a 2.4 ... |
| | | | ... Doherty said that for self-managed super funds (SMSFs) diversification is essential: "A lot of those portfolios are too heavy weighted in cash and Aussie equities and that's worked very well over last years, but we know it's not future proof. They need ... |
| | | | ... February labour force data. No major equities news is expected. In Australia, the market on Wednesday clawed back early heavy losses linked to US interest rate rise fears but still closed lower with commodity prices putting pressure on mining stocks. ... |
| | | | The local bourse has opened in the red following losses from market heavyweights BHP Billiton and Rio Tinto. CMC Markets chief strategist Michael McCarthy says the market was correcting itself to improve its chances of breaking through the 6,000 points ... |
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