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Market Wrap - Morning

AAP  |  WEDNESDAY, 15 OCT 2008
The Australian share market is expected to open lower after US stocks declined overnight as some traders sold shares to take advantage of the huge gains of he previous two days. At 0752 AEDT, the December Share Price Index futures contract on the Sydney ...

Market Wrap - Midday

AAP  |  TUESDAY, 14 OCT 2008
Australian stocks were higher at noon after all major US indices surged more than eleven per cent overnight. At 1200 AEDT, the benchmark S&P/ASX200 was up 219 points, or 5.24 per cent, at 4399.7, while the broader All Ordinaries had gained 227.6 points ...

AREITs damaged by exuberance

ALEX DUNNIN  |  TUESDAY, 14 OCT 2008
Many listed property trusts (LPTs) fell out of investor's favour because they changed from being from stable, income-producing trusts to highly geared, complex products - but experts believe there's life in the sector yet, just not in its current form. ...

Market Wrap - Morning

AAP  |  TUESDAY, 14 OCT 2008
The Australian share market is expected to surge at open this morning, with the Australian futures index up over seven per cent, following Wall Street's boom overnight. At 0826 AEDT, the key pointer to the day's trading in Australia, the December SPI ...

Patience is a virtue

BENJAMIN ONG  |  FRIDAY, 10 OCT 2008
Another day, another record on Wall Street - a record fall that is - as a new day brings fresh news that financial Armageddon is nigh. Yesterday's concerted action by 6 of the world's major central banks - plus the Peoples Bank of China - on top of ...

Market Wrap - Morning

AAP  |  FRIDAY, 10 OCT 2008
The Australian share market is expected to open lower again after receiving a strong negative lead from Wall Street. At 0750 AEDT, the December Share Price Index futures contract on the Sydney Futures Exchange was down 180 points at 4,120. Today, OZ ...

Market Wrap - Morning

AAP  |  THURSDAY, 9 OCT 2008
The Australian share market is expected to open weaker following a negative lead from the US as Wall Street tried but failed to find some stability from an interest rate cut by the Federal Reserve and other big central banks. At 0807 AEDT, the December ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 8 OCT 2008
Australian stocks were lower at noon after Wall Street sank to a five-year low overnight. At 1200 AEDT, the benchmark S&P/ASX200 was down 188.5 points, or 4.08 per cent, at 4430.2, while the broader All Ordinaries had lost 185.2 points, or 4.03 per ...

Central Banks must unite

BENJAMIN ONG  |  WEDNESDAY, 8 OCT 2008
The current financial market turmoil indicates that one central bank working alone, even if it is the mighty Fed, is unable to contain the panic and restore confidence in the financial system. Locally, the RBA has led the way - but again, this is a ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 8 OCT 2008
The Australian share market has received a negative lead from Wall Street after stocks dropped for a fifth day as investors shrugged off signs the US Federal Reserve will cut interest rates and focused concern on financial companies' balance sheets. ...