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Market Wrap AM

AAP  |  WEDNESDAY, 13 FEB 2013
... follow if the ensuing wave of global condemnation translated into tougher sanctions. However, a warning by the Group of Seven top industrialised nations amid growing rumblings of a "currency war" sent the yen climbing. The G7 said on Tuesday that "excessive ...

Interest rate cuts drive SMSFs to FI, property

LAURA MILLAN  |  TUESDAY, 12 FEB 2013
... growth during the December quarter was higher than expected for SMSF trustees, as they concentrate their holdings on the ASX Top 20 companies. ASX Top 20 shares outperformed the All Ordinaries by 22% last year, resulting in increased allocation to Australian ...

$1tr flows into US bond funds

ALEX DUNNIN  |  TUESDAY, 12 FEB 2013
Despite experts warning of a bond bubble, US mutual fund investors poured US$304 billion into bond funds last year. According to figures from the US Investment Company Institute, the bond fund inflows trounced the $153 billion that was withdrawn from ...

Market Wrap - PM

AAP  |  MONDAY, 11 FEB 2013
... Chinese and US economic data and EU leaders adopted a seven-year budget for the 27-member union. London's FTSE 100 index of top companies rose 0.78 per cent to 6,276.98 points in afternoon deals on Friday. Frankfurt's DAX grew 0.78 per cent to 7,650.43 ...

Bell Direct ranked top online broker

MARK STORY  |  MONDAY, 11 FEB 2013
Online share trader Bell Direct has again topped the customer satisfaction rankings for online traders, ranking first in 15 out of 16 categories in the Investment Trends Online Broking Report for the second half of 2012. The rankings reflect positive ...

Bell Direct ranked top online broker

MARK SMITH  |  FRIDAY, 8 FEB 2013
Online share trading business Bell Direct has topped the customer satisfaction rankings for online traders in the Investment trends Online Broking report for the second half of 2012. The broker almost achieved a clean sweep ranking first in 15 out of ...

Market Wrap AM

AAP  |  FRIDAY, 8 FEB 2013
... Wednesday in New York. In London, where the Bank of England also maintained its key rates, equities on the FTSE 100 index of top companies fell 1.06 per cent to 6,228.42 points. In Paris, the CAC 40 fell 1.15 per cent to 3,601.05 points, while in Frankfurt ...

Market Wrap AM

AAP  |  THURSDAY, 7 FEB 2013
... Royal Bank of Scotland rose despite the bank facing big fines over the Libor rate-rigging scandal. London's FTSE 100 index of top companies bounced back into the black in late trades to close with a slight gain of 0.20 per cent to 6295.34 points. Frankfurt's ...

Gone in 60 seconds

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2013
... train after it paused on jitters, concerns, trepidations and worries over political uncertainties in the Eurozone -- Spain's top honcho Mariano Rajoy could be booted out of office and Italy could see the bunga bunga boy Signor Berlusconi returned to ...

Market Wrap AM

AAP  |  WEDNESDAY, 6 FEB 2013
... French President Francois Hollande that markets alone should not be in control of exchange rates. London's FTSE 100 index of top companies closed with a gain of 0.58 per cent to 6282.76 points. Frankfurt's DAX added 0.35 per cent to 7664.66 points and ...