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| | | ... is trading down though we seem to have stabilised on the lows." Mr Weston said it was a disappointing session, with financials and materials continuing to be worse for wear. "People who bought into the banks yesterday for a short term trade maybe closed ... |
| | | | ... "Fears in Europe continue to rattle the market," Mr Potter said. "The worst performers are the industrial stocks... Financials are a mixed bag. At 1201 AEST, Commonwealth Bank was up 64 cents, or 1.23 per cent at $52.68, Westpac was up 14 cents, or 0.6 ... |
| | | | ... concerns continue into reverberate around the globe which has added some volatility to our market." Mr Sebastian said financials were suffering after reports that nine global banks were facing probes in the US, which followed the threat of a class action ... |
| | | | The Australian stock market was experiencing broad-based gains at noon with strong rises in gold, financials, retail, energy and resources sectors. The benchmark S&P/ASX200 index had risen 58.1 points, or 1.28 per cent, at 4,606.1 points by 1200 AEST ... |
| | | | ... "A downward spiral in terms of the action and reaction taken over the Greek situation is starting to cause concern." Financials stocks were leading the market lower, with only five stocks in the S&P/ASX50 in positive territory, among them gold miners ... |
| | | | ... was down $2.63 or 3.65 per cent at $69.47 after plummeting five per cent in opening trade. But strength in banks and financials put a floor under the market because the tax announcements were considered positive for the sector, Mr Weston said. "Had we ... |
| | | | Australian stocks were more than one per cent weaker at noon as miners and financials weighed on the major indices and corporate downgrades affected other sectors. At 1200 AEST, the benchmark S&P/ASX200 index was down 55.1 points, or 1.11 per cent ... |
| | | | ... month, the fund's San Francisco-based seasoned portfolio manager David Whittall released a research paper on the global financials sector and what it means for investors. He said that despite the market fallout, finance remains the stock market's largest ... |
| | | | ... which had been sold off on Tuesday had rebounded. "The resources sector has traded a bit better today and the banks and financials, which were solid yesterday, have remained on a steady path, as well," Mr Spiteri said. After breaching the 5,000 point ... |
| | | | ... suffering from profit-taking. "The weakness is across the board and it's a fairly lacklustre day," Ms Spencer said. "Financials are generally on the weaker side and the weaker commodity prices and recent strength in the sector is seeing some profit-taking. ... |
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