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Market Wrap - Morning

AAP  |  TUESDAY, 5 AUG 2008
The Australian stock market is expected to decline after US equities fell on worries about accelerating inflation. Resource stocks may slip after commodities including oil and gold declined overnight. At 0735 AEST on the Sydney Futures exchange, the ...

IRESS buys DMS

MICHELLE BALTAZAR  |  FRIDAY, 1 AUG 2008
Listed technology group IRESS buys Dealer Management Systems (DMS) for $6.65 million, in a deal that consolidates IRESS' technology play in planner commissions processing. IRESS has announced it acquired DMS for 1,083,334 shares in IRESS, which values ...

Tech will bond insurers and planners: AFA

RUTH LIEW  |  FRIDAY, 1 AUG 2008
Financial planners aiming to better control and boost their insurance advice business will have to place their bets with high tech information exchange and electronic filing systems, according to AFA financial adviser of the year, Phil Young. Speaking ...

US growth disappoints

BENJAMIN ONG  |  FRIDAY, 1 AUG 2008
The US equity market's performance continues to be dictated by the inflow of economic indicators during this data-filled week. Australian equities, in turn, dance to its tune. The local bourse maintained its gains at the close of yesterday's trading ...

Market Wrap - Morning

AAP  |  FRIDAY, 1 AUG 2008
The Australian stock market is expected to fall about one per cent after Wall St was rocked by disappointing US economic growth and job market figures. On the Sydney Futures exchange, the September share price index futures contract fell 48 points ...

Market Wrap - Morning

AAP  |  THURSDAY, 31 JUL 2008
The Australian stock market is expected to rise for a second straight day after Wall St rallied on positive private sector employment data. On the Sydney Futures exchange, the September share price index futures contract firmed 92 points, or 1.88 per ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 30 JUL 2008
The Australian stock market was up two per cent at noon, buoyed the banks and after a rally from the US overnight. Wall St rebounded a day after a steep tumble on a drop in oil prices and a rise in consumer confidence. At 1200 AEST, the benchmark S&P/ASX200 ...

Some Needed Good News

BENJAMIN ONG  |  WEDNESDAY, 30 JUL 2008
Barring more surprise writedown announcements, the Australian equity market could get a breather today supported by a strong lead from Wall Street overnight. The US equity market reversed all of the previous day's losses last night on the back of a ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 30 JUL 2008
The Australian stock market is expected to pull back yesterday's steep losses after Wall St was buoyed by a drop in the oil price and positive consumer confidence data. On the Sydney Futures exchange, the September share price index futures contract ...

Who's next to confess?

BENJAMIN ONG  |  TUESDAY, 29 JUL 2008
The Australian equity market slumped yesterday, dragged down by a sell-off in the Financials sector after ANZ announced increased provisioning for bad debts would hit its earnings. In making the announcement, ANZ Chief Executive Mike Smith said that ...