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| | | ... Australian share market closed firmly in positive territory after strong commodities prices drove gains among resource stocks. The benchmark S&P/ASX200 index was up 53.4 points, or 1.11 per cent, at 4,846.2 points, while the broader All Ordinaries index ... |
| | | | ... client adviser Helen Spencer said the market was experiencing a broad-based rally led by rises in mining and financial stocks. "We had a very positive lead from offshore overnight, with both the US market and commodity prices trading significantly higher," ... |
| | | | The Australian share market is expected to open higher on Tuesday after US stocks rallied on better-than-estimated corporate earnings. Higher base and precious metals prices and the lift in the oil price could also help buoy the local resource stocks. ... |
| | | | ... coupled with no external lead has led to an easing in the market today." The decline was mainly due to banks and financial stocks. "Six of the top 20 stocks in the downward direction are all banks and financial stocks," he said. Mr Heffernan expected ... |
| | | | ... surprised - the pleasant kind -- financial markets. It was always going to be this way. Nobody could expect all 500 listed stocks in the S&P 500 to beat expectations - unless those expectations are made by very depressed analysts. Nobody could expect ... |
| | | | ... meeting. In Australia on Friday, the Australian share market closed lower, as profit taking dragged down gold and banking stocks. The benchmark S&P/ASX200 index closed down 23.5 points, or 0.48 per cent, at 4,836.4 points, while the broader All Ordinaries ... |
| | | | The Australian sharemarket remained just in positive territory at noon on Friday, supported by energy stocks, as major lenders ran out of steam. At 1200 AEDT, the benchmark S&P/ASX200 index was up 6.1 points, or 0.13 per cent, at 4,866, while the broader ... |
| | | | ... Bruce Watson, chief executive of Auscoal, said the fund is seeing a number of opportunities across international small cap stocks and Asia, as increased cross-sectional volatility opens the door for the fund's active managers to add alpha to their returns. ... |
| | | | ... profits are likely to improve. But the market fell back from earlier highs as some investors judged it a good price to sell stocks, and as comments from Reserve Bank of Australia governor Glenn Stevens suggested further rate rises would come sooner rather ... |
| | | | ... cent to $32.14. Upward momentum in base metal prices continued in offshore markets overnight, boosting local resources stocks, Mr Lewis said. BHP Billiton gained 53 cents or 1.38 per cent to $38.93 and rival Rio Tinto added $1.67 or 2.64 per cent to ... |
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