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| | | ... contracts. Aequs Securities dealer Ric Klusman said the resources sector was dragging the market down and while most of the banks were also lower, some losses had been recovered. "We've coped it badly today, the fall is being generated by the resources ... |
| | | | ... Nasdaq Composite Index advanced 11.99 points, or 0.52 per cent, to 2,304.97. LONDON - UK stocks ended sharply lower, with banks, led by Royal Bank of Scotland, falling on worries about further losses in the sector, while oils and miners slipped after ... |
| | | | ... or 2.05 per cent, to $43.77 and takeover target Rio Tinto added $4.06 or 3.07 per cent, to $136.10. Mr Heffernan said the banks suffered because of low consumer confidence due to rising interest rates and the slowing down of the economy. At 1214 AEST ... |
| | | | Industry super funds owned Members Equity Bank plans to face retail banks head on with its version of an all-in-one superannuation and bank account. Members Equity Bank chief executive, Anthony Wamsteker, said the business is developing a product that ... |
| | | | ... assessing future investment opportunities. "The Equator Principles continue to be relevant especially if we invest in any banks or finance institutions that are operating in those markets, we'll certainly look to see if they're signatories to those principles," ... |
| | | | ... stocks eked out a gain as record high crude boosted energy stocks, outweighing the impact of losses in supermarkets and banks sparked by concerns over the health of the UK economy. The commodity-heavy FTSE 100 closed up 11.7 points, or 0.2 per cent ... |
| | | | ... warrants will become more widely used by self managed super fund (SMSF) trustees as they become familiar with the strategy and banks start providing more products that enable them to do so, according to SuperConcepts. Graeme Colley, ING Australia superannuation ... |
| | | | ... system. Yesterday, the Australian share market closed higher, gaining more than one per cent amid strong advances from the banks that drove the local index into positive territory. The benchmark S&P/ASX200 index was 69.2 points, or 1.32 per cent, higher ... |
| | | | ... 13,544 contracts. Austock Securities senior client adviser Michael Heffernan said the market's strong performance, led by the banks, may be an indication of what is to expected at the end of the financial year. "It's an excellent day in the market and ... |
| | | | ... analyst, Simon Scott. Taking their place are newer, younger managers that are fresh out of the trading rooms at the larger banks and are now managing funds in new regions, strategies, or asset classes, he said. "These are finding their way into multi-manager ... |
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