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| | | ... sharemarket rose for a fifth consecutive day as financial markets around the world were jolted to life after United States stocks logged their best one-day gain in about six weeks. The benchmark NZX-50 index closed up 22.2 points, or 0.75 per cent, at ... |
| | | | ... Dow Jones industrial average broke a seven-day slide on Tuesday after traders sifted through the market for beaten-down stocks. Investors tried to recover some of the big losses that piled up following weeks of disappointing economic reports. The Dow ... |
| | | | ... cents, or 1.57 per cent to $36.40, and rival Rio Tinto fell $1.21 or 1.85 per cent to $64.04. Major banks and financial stocks also suffered losses, with the financials sector index off 1.0 per cent. National Australia Bank dropped 23 cents, or 1.01 ... |
| | | | Investors can't rely on broad themed-based strategies and should focus on picking the best stocks, according to one of the largest fund managers in Australia. Crispin Murray, head of equity strategies at BT Investment Management (BTIM), said the fund ... |
| | | | ... in. I remember him declaring that he only holds government bonds when he sat at the helm of the Fed, has he dabbled in stocks now that he's Citizen Alan and has a vested interest in talking the market up? So I went and checked to see whether his words ... |
| | | | Resources stocks propped up the Australian share market in quiet intra-day trading, with the strong bid for Centennial Coal Ltd signalling the minerals resource rent tax will attract foreign capital into Australia. At 1200 AEST, the benchmark S&P/ASX200 ... |
| | | | ... The Australian market is likely to open weaker on Monday after an unexpected decline in the US unemployment rate had US stocks close lower on Friday. At 0720 AEST on the Sydney Futures Exchange, the September share price index contract was 30 points ... |
| | | | ... resource rent tax will be extended to all onshore and offshore oil and gas projects, including coal seam gas. Major resources stocks were up as a result of the announcement. Rio Tinto was up 89 cents, or 1.37 per cent, at $65.99 and BHP Billiton was ... |
| | | | ... part that we think most practices that start their own IMAs just don't have, [they] don't have the credentials to pick stocks or research companies." The fund flows will come from a practice level, driven by the actual adviser rather than a whole dealer ... |
| | | | ... at 4,237.46, while the broader All Ordinaries index dropped 62.1 points, or or 1.44 per cent, to 4,262.71. NEW YORK - US stocks fell on Thursday, amid a slew of negative economic news, including a report showing new claims for US unemployment benefits ... |
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