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Market wrap

AAP  |  FRIDAY, 15 JUL 2005
The Australian sharemarket is again expected to open higher, following the lead set by the US overnight. On the Sydney Futures Exchange, the September share price index contract was up four points to 4293 points. Yesterday, the benchmark S&P/ASX200 ...

Market wrap

AAP  |  THURSDAY, 14 JUL 2005
The Australian sharemarket is expected to open higher, following the lead set by the US overnight. On the Sydney Futures Exchange, the September share price index contract was up eight points to 4285 points. Yesterday, benchmark S&P/ASX200 index was ...

Market wrap

AAP  |  WEDNESDAY, 13 JUL 2005
The Australian sharemarket is expected to open mixed, following the lead set by the US overnight. On the Sydney Futures Exchange, the September share price index contract was up four points to 4263 points. Yesterday, the benchmark S&P/ASX200 index was ...

Market wrap

AAP  |  TUESDAY, 12 JUL 2005
The Australian sharemarket is expected to open higher, following the lead set by the US overnight. On the Sydney Futures Exchange, the September share price index contract was up 12 points to 4272 points. Yesterday, the benchmark S&P/ASX200 was up 34.9 ...

Unsolicited share offers jump

Unsolicited offers to buy shares are on the increase according to the Australian Securities and Investments Commission (ASIC), which reported a 51 per cent increase in reports of such offers over the past 12 months. AXA Pacific Holdings and Tattersalls ...

ACTU renews call for 15 per cent SGC

The Australian Council of Trade Unions (ACTU) secretary Greg Combat has called for an increase in the superannuation guarantee contribution from its current 9 per cent to 15 per cent. Citing expected increases in the number of aged Australians in the ...

Market wrap

AAP  |  THURSDAY, 7 JUL 2005
The Australian share market is expected to open weaker after losing ground yesterday on profit taking, as a weak US market weighs on the domestic bourse. However with sharply firmer base metal prices and oil prices at fresh record highs overnight, the ...

IFM secures Pacific Hydro

Industry Funds Management (IFM) has finally succeeded in its bid to takeover Pacific Hydro after rival Spanish bidder Acciona S.A. decided not to increase its offer price for the renewable energy company and agreed to accept IFM's $5.00 per share offer. ...

MIA and van Eyk release first joint rating

The alliance between managed funds research house van Eyk and property researcher Managed Investment Assessments has produced its first joint rating with the Centro Direct Property Fund rated as 'superior'. The fund is managed by Centro Properties Group ...

Market wrap

AAP  |  THURSDAY, 16 JUN 2005
The Australian share market is expected to open firmer and could test all-time highs on both indices today after a solid gain in the US overnight. This, coupled with higher oil and base metal prices and a firmer domestic currency, could push both the ...