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| | | ... broadly based. "It's been a broad-based session this morning, with no one theme," he said. "Most stocks are up." He said the banks were doing well apart from ANZ which had weakened on the back of substantial rises of late. "People are just profit taking," ... |
| | | | ... includes financials." he said. "There's some cautious activity, there isn't any real chasing of these sectors." The major banks were mixed, with ANZ up eight cents to $22.03, National Australia Bank adding 29 cents to $28.63, Westpac edged three cents ... |
| | | | ... $5.40, Newcrest rose $1.22, or 3.75 per cent, to $33.78 and Lihir found 10 cents, or 3.33 per cent, to $3.10. Among the major banks, ANZ gained 26 cents to $21.61 and National Australia Bank added 76 cents, or 2.76 per cent, to $28.07. Westpac increased ... |
| | | | ... Australian dollars. Aussie dollar up. Interest rate differential. Australian interest rates are headed higher while other central banks continue to nurse their economies with low rates and bond purchases. Investors seeking higher yields are flocking ... |
| | | | The Australian sharemarket was higher at noon, led by a surge in the banks, industrial, energy and mining sectors. At 1200 AEST, the benchmark S&P/ASX200 index was up 35.2 points, or 0.79 per cent, at 4464.8, while the broader All Ordinaries rose 36.1 ... |
| | | | ... reason behind that is due to the government stimulus and also directive from the Chinese government in the fourth quarter for banks to lend money," said James. "The reason why that's changed is the banks have come out and said they're going to cut back ... |
| | | | ... market would trip up recovery in the economy. Stocks posted modest losses on Wednesday, a day after tumbling on fears about banks and concerns that a six-month rally of more than 50 per cent has left the stock market overheated. The Dow Jones industrial ... |
| | | | ... Meeting the Challenge". In Australia on Tuesday, the Australian share market closed at an 11-month high, driven by rallies on banks, mining and defensive stocks. The benchmark S&P/ASX200 index was up 35.5 points, or 0.79 per cent, at 4514.6 points, while ... |
| | | | ... mark time. To explain Wall Street's down move for instance, Bloomberg quoted a US fund manager saying, "The future for the banks is not as muddy as it was two quarters ago, but it's still not clear." But I bet - no, I'm sure - that if the Street rallied ... |
| | | | ... there were a few jitters in the US overnight," ABN Amro Morgans private client adviser Craig Walker said. "It's mainly the banks and Woolies and Wesfarmers that are moving things." ANZ Banking Group gained 40 cents, or 1.88 per cent, to $21.69, National ... |
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