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Midday market wrap: AMP sinks beneath $5.00

The truncated trading week started on a slightly softer note, with AMP sliding back below $5.00 during the morning session. The major banks proved fairly resistant to the marginal downturn. Only ANZ was weaker, losing $0.01 to $18.86. All Ordinaries ...

Challenger appoints Sullivan as first head of property securities

... role from Deutsche Paladin where he has been portfolio manager since 1999. Prior to that he worked as a property manager with AMP Asset Management. Sullivan commences with his new role today and will report to Challenger's General Manager Investments ...

Afternoon market wrap: Shares close higher

... marginally higher, in defiance of weaker global share indices. National was the big mover, rising by $0.35 to $33.38. However AMP drifted lower, breaking the $5.00 mark once again to finish at $4.98. All Ordinaries: 3023.30 (+5.20) Dow Jones: 8980.00 ...

Midday market wrap: National falls by 3%

... cent fall in National share prices, pushing the stock down to $32.85. The other major banks also fell, but only marginally. AMP, Tower and Promina also suffered slight losses. All Ordinaries: 3004.40 (-3.60) Dow Jones: 9041.30 (+2.32) NASDAQ: 1646.01 ...

Afternoon market wrap: Shares run out of steam

... $16.20 as its recent move to the upside came to a shuddering halt. The other three major banks eked out minor gains, as did AMP, Tower and Promina. All Ordinaries: 3008.00 (+11.40) Dow Jones: 9038.98 (+116.03) NASDAQ: 1634.65 (+31.09) FTSE-100: 4126.60 ...

Midday market wrap: AMP climbs to $5.01

AMP shares rose by $0.08 during the morning session to take the stock back above the $5.00 mark as the All Ordinaries index crept to a 4.5-point gain. All the major banks were slightly stronger. Commonwealth was the best performer in percentage terms ...

Midday market wrap: AMP flirts with $5.00

AMP shares edged back towards the $5.00 mark during the morning session despite the slightly softer sentiment on the All Ordinaries index as a whole. By lunch AMP was trading at $4.99, a rise of $0.04. The major banks were a mixed bag. ANZ and National ...

Afternoon market wrap: All Ords retreats below 3,000-mark

... worst hit, falling $0.21 to $16.56, although ANZ managed to eke out a slight gain, rising by $0.07 over the course of the day. AMP lost $0.02 to close at $4.93. All Ordinaries: 2991.90 (-12.40) Dow Jones: 8897.81 (+47.55) NASDAQ: 1590.75 (-5.16) FTSE-100 ...

Afternoon market wrap: AMP gains 3.8%

AMP shares clawed back some of last week's losses, rising by 3.8% over the course of the day to finish at $4.95. The All Ordinaries index broker the 3,000-point mark for the first time since late January, buoyed by the stronger sentiment on Wall Street. ...

Midday market wrap: All Ordinaries hits four-month high

... index hit its highest point since January 27 as shares were boosted by the strong close to last week on Wall Street. Even AMP, abandoned recently by anxious investors, eked out a slight gain, rising by $0.07 to $4.84. All the major banks were stronger ...