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Showing 31 - 40 of 59 results for "Mr Shamu"

Market Wrap

AAP  |  WEDNESDAY, 17 JUL 2013
... flat, but I think some of these strong reports from the miners will help the market to edge into positive territory," Mr Shamu said. Mr Shamu said iron ore in particular was a strong performer. "The market likes the (mining) result. It's quite a significant ...

Market Wrap

AAP  |  MONDAY, 15 JUL 2013
... about China growth for a while. This will provide some clarity on exactly where China is from an official standpoint," Mr Shamu said. Among the local miners, BHP Billiton shares had lost 2.5 cents to $33.285, Rio Tinto had shed 36 cents to $54.38 and ...

Market Wrap

AAP  |  THURSDAY, 11 JUL 2013
... today," he said. The local market is around one per cent higher on Thursday morning, following two days of gains. But, Mr Shamu said, there was a cautious tone to the market ahead of the release of official Australian employment numbers for June, at ...

Australian stocks weaker at close

AAP  |  THURSDAY, 6 JUN 2013
... continued due to volatility in Japan and ongoing quantitative easing in the US. "Investor confidence has been rattled," Mr Shamu said. "There's been more blanket selling. There's been nothing that's really sticking out as a factor for why people are ...

Market Wrap PM

AAP  |  FRIDAY, 26 APR 2013
... Markets market strategist Stan Shamu said. "We've seen a nice little jump in the materials names: BHP, Rio, Newcrest." Mr Shamu said resources stocks had bounced after looking like they had been a little oversold. The commodities sector was also catching ...

Market Wrap PM

AAP  |  FRIDAY, 12 APR 2013
... the continued upward momentum of US markets. "That sharp drop in unemployment claims (in the US) was quite impressive," Mr Shamu said. "That really helped US markets, and, in turn, Australian equities are benefiting from this as well." In the resources ...

Market Wrap PM

AAP  |  TUESDAY, 9 APR 2013
... "They're starting to pile back into some of the cyclical stocks, and that's what is helping to underpin the market today," Mr Shamu said. Mr Shamu said the pullback by the market to below 5,000 points had perhaps been overdone and investors were now ...

Market Wrap PM

AAP  |  TUESDAY, 26 MAR 2013
... concerns that the deal that Cyprus managed to get through will ultimately set a precedent for other bailouts in Europe," Mr Shamu said. "This will continue to unravel as people realise how big the haircuts are for this bailout and what it might mean ...

Market Wrap PM

AAP  |  TUESDAY, 12 MAR 2013
... had improved from falls on Monday, when they were pulled back by mixed Chinese economic data released at the weekend, Mr Shamu said. However, a rising US dollar was now weighing on the mining sector. "A stronger US dollar is not good for anyone, especially ...

Market Wrap PM

AAP  |  THURSDAY, 21 FEB 2013
... to open 2.65 per cent weaker. "There's concern that without quantitative easing the US dollar will regain strength," Mr Shamu told AAP. Speculation about a major hedge fund pulling out of commodities also contributed to the selling of resources sector ...