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Market wrap AM

AAP | FRIDAY, 11 JAN 2013

... the US dollar as traders reacted to positive bond sales by indebted eurozone nations Spain and Italy. London's FTSE 100 index of leading companies posted a narrow gain of 0.05 per cent to 6,101.51 points. But Frankfurt's DAX 30 slid 0.16 per cent to ...

Market Wrap

AAP | THURSDAY, 10 JAN 2013

... 61.66 points, or 0.46 per cent, to 13,390.51, coming off of two days of losses. In Europe London's benchmark FTSE 100 index of top companies rose 0.74 per cent to close at 6,098.65 points, its highest level since May 2008. In local economic news, Australian ...

Market Wrap - AM

AAP | FRIDAY, 14 DEC 2012

... also cleared long-delayed bailout funds needed to avert a potentially disastrous Greek debt default. London's FTSE 100 index of top companies closed 0.27 per cent lower at 5,929.61 points, Frankfurt's DAX 30 index fell 0.43 per cent to 7,581.98 and in ...

Market wrap AM

AAP | WEDNESDAY, 12 DEC 2012

... Paris the CAC 40 jumped 0.94 per cent to reach its highest level since July 2011 at 3,646.15 points. London's FTSE 100 index of leading companies edged up 0.06 per cent to 5,924.97 points, close to a nine-month high. Milan's FTSE Mib benchmark rebounded ...

Market Wrap

AAP | TUESDAY, 11 DEC 2012

... Mario Monti announced his intention to resign in the latest twist to the eurozone debt crisis. Milan's FTSE Mib benchmark index of top companies slumped 2.22 per cent to 15,354 points at the close while Italian government borrowing costs spiked on the ...

Market wrap AM

AAP | FRIDAY, 7 DEC 2012

... move one day after the British government extended austerity measures and slashed growth forecasts. London's FTSE 100 index of leading companies edged up by 0.16 per cent to 5,901.42 points while in Frankfurt, the DAX 30 rallied 1.07 per cent to its ...

Market Wrap

AAP | THURSDAY, 6 DEC 2012

... opened strongly." The Dow Jones industrial average gained 82.71 points to close at 13,034.49. In Europe, London's FTSE 100 index of leading companies closed up 0.39 per cent to 5,892.08 points, while Frankfurt's DAX 30 added 0.26 per cent to 7,454.55 ...

Market Wrap

AAP | THURSDAY, 6 DEC 2012

... - European stock markets have risen, unruffled by grim news on the eurozone and British economies. London's FTSE 100 index of leading companies closed up 0.39 per cent to 5,892.08 points, while Frankfurt's DAX 30 added 0.26 per cent to 7,454.55 points ...

Market wrap AM

AAP | WEDNESDAY, 5 DEC 2012

... the approval by eurozone finance ministers of a bailout for Spain's troubled banks. But at the close, London's FTSE 100 index of leading companies had slipped 0.08 per cent lower to 5,869.04 points, on the eve of the British government's budget update ...

Market Wrap

AAP | MONDAY, 3 DEC 2012

... trade data for October and business indicators for the September quarter. The Reserve Bank of Australia releases its index of commodity prices for November. There is also several pieces of privately compiled economic data, including the TD Securities ...

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Global X awards mandate for ETF business

ELIZA BAVIN

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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