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| | | ... after Wednesday's solid rally on the back of the bank's surprisingly strong quarterly profit result. The other major bank stocks were up. Westpac gained seven cents to $34.66, ANZ was up five cents to $33.84 and National Australia Bank rose eight cents ... |
| | | | ... Pattinson are expected to post full year results. In Australia, the market on Wednesday closed lower as the major bank stocks fell after the central bank warned it may take action against risky lending. The benchmark S&P/ASX200 index was was down 39.9 ... |
| | | | ... Pattinson are expected to post full year results. In Australia, the market on Wednesday closed lower as the major bank stocks fell after the central bank warned it may take action against risky lending. The benchmark S&P/ASX200 index was was down 39.9 ... |
| | | | The Australian share market is lower as investors offload mining and bank stocks. The market began Thursday morning higher only to drop due to ongoing concerns about China's economy and the falling Australian dollar, CMC Markets chief market analyst ... |
| | | | ... could lead to portfolio overexposure in certain sectors - a prime example of this is current investor concentration in bank stocks. This strategy increased sensitivity to a few factors, meaning that while the market might behave well most of the time ... |
| | | | ... term, be the best returning asset class. However, at this point in the cycle, with interest rates at record lows, bank stocks arguably over-valued and concerns over the future of the mining sector, there are doubts over whether the performance of the ... |
| | | | ... concerns that the market top could be in," he said. Mr Radford said the local market was also weighed down by a fall in bank stocks over the last few days. Three of the big four banks paid out dividends last week, which normally prompts a fall in their ... |
| | | | ... domestic interest rates) have prompted investors to resume their quest for higher yields and therefore, purchases of bank stocks. But it's not only all about Washington and the Fed. It's also about China. Last week, we found out that China's economic ... |
| | | | ... last week helped the local market post its strongest weekly performance since the end of April. Meanwhile, on Monday, bank stocks were mixed, with Westpac eight cents off at $29.03, ANZ shedding eight cents to $28.64, but NAB six cents higher at $30 ... |
| | | | ... The broad-based S&P 500 rose by 0.52 per cent to 1,625.96, its fourth consecutive all-time closing high. Locally, bank stocks rose, which Mr Lucas said was likely influenced by ANZ paying out its half-year dividend on Thursday. ANZ jumped 34 cents to ... |
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