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| | | ... staples and healthcare currently have high valuations, Barrow Hanley has identified other sectors that are undervalued. "The mining sector has been in distress lately, which means it's an opportunity from a valuation perspective. But we feel it's still ... |
| | | | The share market has opened higher thanks to strong leads from Wall Street and a rally among the major mining stocks. However, the big four banks are weighing on the market after Westpac unveiled a flat first half cash profit of $3.78 billion, Australian ... |
| | | | ... lower as expectations of a delayed cut in interest rates weigh on the major banks. Firmer commodity prices had boosted some mining stocks, while a stronger Australian dollar had been a negative for some healthcare stocks, OptionsXpress market analyst ... |
| | | | ... prices have prompted investors to move into the resources sector following overseas share market gains on Friday night. "Mining and energy stocks are leading the market higher but gold stocks have taken some of the gloss off that performance," CMC market ... |
| | | | ... covering a fairly broad cross-section of risk segments," he said. "For example, in property, we've already established a mining energy power team to target that segment of the property market. We'll be targeting other segments as well. There's other ... |
| | | | ... Chinese central bank this week said it would free up banks to lend more by cutting reserve ratio requirements. He said mining stocks were also being helped by BHP Billiton's announcement this week that it will defer some port works, which investors hope ... |
| | | | The outlook for capital expenditure adding to Australia's GDP from anywhere outside of mining is "abysmal" according to BlackRock investment strategist and head of fixed income, Steve Miller. At a recent media briefing detailing BlackRock's global investment ... |
| | | | ... (AEST) sent the main indices on the local share market into negative territory, due to a tempering of the gains made by the mining sector in earlier trade. "Positive sentiment rushed back into resource stocks this morning with spot iron ore surging overnight," ... |
| | | | ... hadn't looked at the "details" of Labor's announcement, but downplayed the viability of any Labor tax reforms. "Look at the mining tax, look at the carbon tax and now they've got a new superannuation tax," he said. When asked about his own views concerning ... |
| | | | ... Telstra has an investor day. Mitsui & Co Australia's chief executive Yasushi Takahashi is scheduled to speak at a Melbourne Mining Club lunch. In Australia, the market on Wednesday closed lower as investors reduce their expectations of a May interest ... |
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