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| | | Australian shares had fallen at noon to their lowest level in 18 months, led by financial stocks, on signs of a deepening in the global credit crisis. The US Federal Reserve cut its lending rate to financial institutions on Sunday to increase the cash ... |
| | | | ... The Australian share market eneded 1.38 per cent firmer on Friday as record gold prices boosted the big miners and gold stocks. The benchmark S&P/ASX200 index lifted 71.0 points to 5206.9, while the broader All Ordinaries added 72.8 points, or 1.4 per ... |
| | | | ... share market was stronger at noon after oil and gold reached record prices overnight, encouraging investors to buy resource stocks. The Australian market followed US equities, which advanced overnight also after credit rating agency Standard & Poor's ... |
| | | | ... 122 points, or 2.32 per cent, to 5,135.9, while the broader All Ordinaries slipped 118.4 points to 5,215.7. NEW YORK - US stocks rose 0.5 per cent, led by financials, as credit rating agency Standard & Poor's said write-downs in financial institutions ... |
| | | | The Australian share market was down almost 1.5 per cent at noon, led by financial stocks weighed by problems in credit markets. An unexpected fall in the unemployment rate also influenced the fall, on fears that interest rates may increase again. At ... |
| | | | ... Research managing director. Speaking at the SPAA conference, van Eyk said investors should allocate towards emerging market stocks using hedge fund strategies. "Shares will probably perform at around eight or nine per cent this year, so those long/short ... |
| | | | ... around five per cent but there are a few cautious people around." Mr Muller said direction might be found in resources stocks on the back of higher oil prices and metals overnight. "Resources stocks like Rio Tinto will lead the market today but there ... |
| | | | Australian shares had surged by almost four per cent at noon led by banking stocks after the US Federal Reserve announced a $US200 billion liquidity injection into the financial sector overnight. At 1200 AEDT, the benchmark S&P/ASX200 index had gained ... |
| | | | ... shares finished in the red for the third consecutive trading day yesterday, as investors shunned the big miners and energy stocks, although a small relief rally in the banks helped to cap losses. The benchmark S&P/ASX200 index slid 46.2 points to 5134.2 ... |
| | | | Australian shares declined 0.9 per cent at noon after recession fears pushed US stocks lower and investors shunned the banks on concerns they are having to take on too much debt. At 1200 AEDT, the benchmark S&P/ASX200 index slid 46.3 points to 5134.1 ... |
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