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Market wrap AM

AAP  |  THURSDAY, 29 MAY 2014
The Australian share market is set to open lower after Wall Street fell a day before the release of major US economic data. At 0700 AEST on Thursday, the March share price index futures contract was 13 points lower at 5,524. In economic news on Thursday ...

Market wrap

AAP  |  WEDNESDAY, 28 MAY 2014
... Average advanced 69.23 points, or 0.42 per cent, to 16,675.5 points, and the broad-based S&P 500 index notched another record close on the back of some solid economic data. Fresh US economic data showed a rise in consumer confidence for May, a surprising ...

Going solo: Australian equity houses at risk of talent exodus

MARK SMITH  |  WEDNESDAY, 28 MAY 2014
... stockpickers to solo projects, according to van Eyk Research. With a number of well-established Australian small cap managers at or close to full capacity, the investment research house said the environment is ripe for experienced Australian equity teams ...

Treasury consults on unclaimed monies time window

ALEX DUNNIN  |  WEDNESDAY, 28 MAY 2014
... to the associated administrative arrangements associated with handling these unclaimed monies. Treasury said submissions close on 11 July.

Market Wrap AM

AAP  |  WEDNESDAY, 28 MAY 2014
... points to 5,511.7 and the broader All Ordinaries index adding 0.4 points to 5,490.8. NEW YORK - The S&P 500 notched a record close for the second straight session as US stocks rallied following some solid economic data. The broad-based S&P 500 gained ...

Market wrap Am

AAP  |  TUESDAY, 27 MAY 2014
Australian share market is set to open higher after European markets made modest gains overnight. The New York and London markets were closed for public holidays. At 0651 AEST on Tuesday, the March share price index futures contract was seven points ...

Market wrap

AAP  |  MONDAY, 26 MAY 2014
The Australian share market has pushed above the 5,500 mark at the open on the back of a positive lead from markets in the United States last week. "We've just had a positive lead from Friday's trade. The US just kept ticking along nicely," IG market ...

Let's talk about VIX baby

BENJAMIN ONG  |  MONDAY, 26 MAY 2014
... Yes, that one - the one financial markets look at the gauge the level of investors' fear. It was pegged at 11.36 at the close of last week's activity - the lowest since the ides (15th) of March 2013. Further back, this is also the level the VIX was trading ...

Market Wrap AM

AAP  |  MONDAY, 26 MAY 2014
... appeared to offset a drop in the iron ore price, which last week fell below US$100 a tonne to $US99.80. At Friday's local close, the benchmark S&P/ASX200 index was 12.9 points, or 0.24 per cent, higher at 5,492.8, while the broader All Ordinaries index ...

Market Wrap AM

AAP  |  FRIDAY, 23 MAY 2014
... points, while Frankfurt's DAX 30 tacked on 0.24 per cent to 9,720.91 points and the CAC 40 in Paris added 0.21 per cent to close at 4,478.21 points. Madrid dipped 0.10 per cent and Milan dropped 1.21 per cent. HONG KONG - Asian shares mostly rose as ...