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Market Wrap - Morning

AAP  |  MONDAY, 25 JUL 2011
... in opposite directions. LONDON - European stock markets closed higher on Friday, with London's benchmark FTSE 100 index of top shares up 0.60 per cent at 5,935.02 points. In Frankfurt, the DAX added 0.50 per cent to 7,326.39 points and in Paris the CAC ...

Net-net, it's still good

BENJAMIN ONG  |  MONDAY, 25 JUL 2011
What a drama 'ey? You know what I'm talking about. The drama that is the 'off-again-on-again' deal on the US debt ceiling and the 'it'll be bailed, no it won't' Greek tragedy. Yes, those ones. The ones that sent risk assets up, then down, then up again ...

Market Wrap - Midday

AAP  |  FRIDAY, 22 JUL 2011
... than it has for many months that they may be reaching a good resolution." ConnectEast Group was the best performer in the top 100 stocks at noon, after its independent directors recommended a takeover proposal from Horizon Roads. That pushed ConnectEast ...

Deal or no deal

BENJAMIN ONG  |  FRIDAY, 22 JUL 2011
... euros from other Eurozone member countries and the IMF, with banks and private investors forking another 50 billion euros, on top of the 110 billion Greece got last year. The ECB will accept Greek bonds as collateral. The eurozone will guarantee fresh ...

They will deal

BENJAMIN ONG  |  THURSDAY, 21 JUL 2011
The twisting and shouting we witnessed on Wall Street the previous day - with most other financial markets singing "joy to the world" - died down overnight. To be sure, the DJ's didn't turned off the music - they just changed the tune from hip hop ...

Market Wrap - Morning

AAP  |  THURSDAY, 21 JUL 2011
... remained cautious given the failure of past meetings to deliver a lasting solution. In London, the benchmark FTSE 100 index of top shares closed up 1.10 per cent at 5,853.82. In Frankfurt, the DAX added 0.40 per cent to 7,221.36, and in Paris the CAC ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 20 JUL 2011
... hasn't been all that positive about getting it passed," he said. "The market loved it; everything is in the green." The two top performing stocks were building products suppliers James Hardie and Boral, after data from the US showed an increase in home ...

Earnings, debt ceiling and debt

BENJAMIN ONG  |  WEDNESDAY, 20 JUL 2011
So now equity investors have finally taken notice of earnings. "Wall Street up on profits, Apple surges late," beamed Reuters' headline. Oh yes, Virginia, Wall Street was not only up - it was up big time. Both the Dow and the S&P500 gained 1.6% overnight ...

Fidelity sees market ripe for growth investments

MATT WOODINGTON  |  TUESDAY, 19 JUL 2011
... Ausbil Australian active equity fund and Perennial growth shares wholesale trust to four stars, leaving Fidelity alone at the top of the tree. Taylor said that the consistency of the team, much of which has been together for eight years, as well as its ...

Bigger super funds may not be cheaper for members

ALISON BEVEGE  |  TUESDAY, 19 JUL 2011
An industry super fund head has said the idea that bigger super funds are cheaper for members is unfounded. John Livanas, chief executive of $1 billion meat industry fund AMIST Super, said smaller can be better and that mergers for the sake of merging ...