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| | | ... they shed 3.8 per cent. Newcrest Mining lost 3.6 per cent to $1.14 while Norton Gold Fields shed 5.7 per cent to $1.65. Materials stocks also took a hit, with BHP Billiton was down 51 cents, or 1.4 per cent, at $35.19, while Rio Tinto shed $1.38 to hit ... |
| | | | ... situation," Mr Smith said. The best performing sector was metals and minerals, up 4.01 per cent, according to Iress data. Materials stocks were up 3.92 per cent, and financials were 2.74 per cent higher. In New York, the Dow Jones industrial Average ... |
| | | | ... pulling money out of the market on expectations of lower global growth. "The market is drifting off in high-growth areas, materials in particular, and that is dragging on our market," he said. "The materials and resources stocks are high-growth stocks ... |
| | | | ... that resources were going to be the worst performers today and we are seeing that across the market," he told AAP. The materials sector is weighing heavily on the market, having fallen about 2.3 per cent, with financial stocks down 1.6 per cent and the ... |
| | | | ... territory included gold stocks, which were down 1.27 per cent and the worst-performing sector on the local market, and materials stocks, which were 0.79 per cent weaker. BHP was off 38 cents, or 1.01 per cent, at $37.12, while Rio Tinto was off 18 cents ... |
| | | | ... 42.59 points, or 3.34 per cent, to 1,1,233.33. The Nasdaq composite was down 106 points, or 3.89 per cent, to 2,621.49. Materials and financial companies fell the most. Morgan Stanley fell eight per cent and coal producer Alpha Natural Resources fell ... |
| | | | ... Ordinaries index lost 72.8 points, or 1.68 per cent, to 4,265.1. There have been broad-based losses, with the local materials sector down about 3.1 per cent, industrials 1.8 per cent and energy 1.6 per cent. European stocks and US equity markets fell ... |
| | | | ... Losses were broad-based across all sectors after copper, oil and gold prices all fell in offshore trade on Thursday. The materials sector led the downward trend, falling 1.95 per cent. The spot price of gold in Sydney was $US1,664.75 per fine ounce ... |
| | | | ... (gains)... It's a good signal of broad-based buying," he said. Resources stocks led the market at the open, with the materials sector rising 1.4 per cent after copper surged to a two-week high overnight. It went above $7,500 per tonne, as budding signs ... |
| | | | ... profits in this type of market," he said. "Commodity prices were soft last night, base metals lower and you're seeing materials and energy really leading the decline on our market today." Energy stocks fell 2.1 per cent despite oil prices rising for ... |
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