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Morning market wrap: Dow Jones breaks through 9,000-mark

... Jones through the 9,000-point mark as investors responded to better than expected manufacturing data. The sentiment in London was more muted however, with the FTSE-100 limping to a 10.90-point rise. Meanwhile the Australian dollar continued to surge ...

van Eyk appoints Suzanne Tavill to bolster asset consultancy

... and asset consulting capabilities. Tavill was formerly an executive director with Goldman Sachs Investment Management in London and will initially focus on researching equity fund managers within the manager research team and will also focus on providing ...

Morning market wrap: All eyes on Coles Myer after Shell alliance

... to operate its 584 fuel stations across Australia in a deal worth just under $100 million. There was no trade in either London or Wall Street due to the Spring Bank holiday and Memorial Day respectively. All Ordinaries: 2965.00 (-0.00) Dow Jones: 8601.38 ...

Morning market wrap: UK, US shares dumped

Shares in the US and in London fell sharply as the rally that had pushed both markets up since March appeared to be over. Losses were particularly heavy on the FTSE-100, as the index plummeted 107.70 points to finish beneath the 4,000-mark. In the US ...

Morning market wrap: Dow Jones at four-month high

... Nasdaq index has now climbed by over 50 points in the last two trading days. The overall sentiment was also stronger in London as the FTSE-100 moved back up towards the 4,000-point mark. Domestically investors will be keeping an eye on both AMP and Promina ...

Morning market wrap: US, UK shares fall again

The weaker sentiment on the ASX yesterday was followed by a second consecutive day of losses in London and on Wall Street as economic fears continued to undermine investor confidence. Domestically, AMP shareholders will be anxiously watching the stock ...

Midday market wrap: Banks lead the index lower, AMP steadies

The major banking stocks were all lower by lunchtime as the market reacted to the falls in both New York and London yesterday. Westpac's $1.05 billion half-year profit failed to save it from the sector-wide drop as the stock dropped $0.51 to $15.49. ...

Morning market wrap: FTSE-100 breaks 4,000 mark

... about the strength of the US economy and what remedial action the Federal Reserve might take. The sentiment was stronger in London, pushing the FTSE-100 above the 4,000 points mark, a level not seen since late January 6. All Ordinaries: 2937.50 (+0.00) ...

Midday market wrap: AMP weighs down index

The All Ordinaries index was 2.9 points higher at lunchtime, reflecting a strong finish last week in London and New York, although the 40 per cent plummet in the value of AMP shares severely limited any move to the upside. After institutional investors ...

Afternoon market wrap: Index edges higher in afternoon trade

... slightly in afternoon trade as other blue chips and the banking sector tracked the gains recorded at the end of last week in London and in New York. AMP finished at $5.60 per share, a spectacular $3.13 lower than the close last Wednesday before the trading ...

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ARK Invest awards local distribution mandate

KARREN VERGARA

Cathie Wood's ARK Investment Management has chosen Associate Global Partners (AGP) to help distribute its venture capital strategy to Australian wholesale investors.

APRA names new deputy chairs

VINNY VUCAGO

The Australian Prudential Regulation Authority (APRA) has welcomed the appointment of two new deputy chairs, with current board member Therese McCarthy Hockey and former assistant treasurer David Bradbury set to join the regulator's leadership.

MySuper provides consistent returns for members: Rainmaker

MATTHEW WAI

New data from Rainmaker Information found MySuper or default options continued to deliver consistent performances and returns for Australians, despite periods of uncertainty.

Australian Unity names new wealth chief

MATTHEW WAI

Australian Unity has named the successor of Esther Kerr, who departed the organisation last year.

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