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Market Wrap

AAP  |  TUESDAY, 16 APR 2013
... materials. HONG KONG - Asian markets have slipped after a disappointing batch of Chinese growth figures, with traders keeping a close eye on the Korean peninsula, where military tensions are high. A pick-up in the yen on Monday dragged on Japan's Nikkei ...

Market Wrap PM

AAP  |  MONDAY, 15 APR 2013
Australian stocks were lower at noon, driven down by resources stocks and falls in commodity prices. The big miners weigh heavily on the ASX and were leading the broader market lower after gold prices were particularly hit hard in offshore trading after ...

Is benchmarking being legislated?

LAURA MILLAN  |  MONDAY, 15 APR 2013
Benchmarking is close to being legislated, van Eyk's head of Strategic Research and Asset Consulting Jonathan Ramsay said during van Eyk's 10th annual conference last week. According to Ramsay, the Australian Securities and Investments Commission's ...

Don't sell your fixed income investments: JBWere

MARK SMITH  |  MONDAY, 15 APR 2013
... the tighter regulatory environment would still lead to some mispricing opportunities. With the stock market now looking "close to fair value" Roux also told private wealth advisers to think about other ways they could help protect clients recent equity ...

IFM consortium wins Port Botany lease

ALICE URIBE  |  MONDAY, 15 APR 2013
... stakeholders, including local communities, customers, employees and governmental bodies. The transaction is expected to close on 31 May 2013. Port Botany and Port Kembla serve as the primary import and export gateways to NSW. Port Kembla, located in ...

Fool's gold?

BENJAMIN ONG  |  MONDAY, 15 APR 2013
It's official folks...we now have a bear market -- a bear market in gold, that is. The yellow metal no longer shines Virginia. Gold's spot price closed at US$1484.07 an ounce. That's a 21.8% drop from its all-time closing high of US$1898.25 per ounce ...

Market Wrap

AAP  |  MONDAY, 15 APR 2013
The Australian stock market looks set to open weaker after a negative finish on Wall Street. At 0807 AEST on Monday, the June share price index futures contract was 19 points lower at 4,997 points, with 3,674 contracts traded. In economics news on Monday ...

Market Wrap

AAP  |  FRIDAY, 12 APR 2013
... auction and a strong drop in new US unemployment claims. London's FTSE 100 index of leading companies rose 0.45 per cent to close at 6,416.14 points, while in Frankfurt the DAX 30 climbed 0.78 per cent to 7,871.63 points and in Paris the CAC 40 added ...

Market Wrap

AAP  |  THURSDAY, 11 APR 2013
... Statistics is due to release its jobs figures. In equity news, Woolworths will deliver its third quarter sales results. At the close on Wednesday, the benchmark S&P/ASX200 index lost 8.8 points to 4,968. The broader All Ordinaries index fell 6.5 points ...

Market Wrap PM

AAP  |  WEDNESDAY, 10 APR 2013
... On Wall Street overnight, the Dow Jones Industrial Average shook off early weakness and pressed through to another record close, led by strong gains in tech shares Microsoft and Intel. The Dow rose 59.98 points, or 0.41 per cent, to 14,673.46 points. ...