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Market wrap AM

AAP  |  WEDNESDAY, 12 DEC 2012
... "progressed steadily" in recent days. That reinvigorated talks that appeared to have stalled, the paper reported, citing people close to the process. Stock markets stayed higher even after Boehner said at midday that President Barack Obama is slow-walking ...

Market wrap PM

AAP  |  TUESDAY, 11 DEC 2012
Australian stocks have opened firmer, with the major miners leading the broader market on track to close at a fresh high for calendar 2012. At 1030 AEDT on Tuesday, the benchmark S&P/ASX200 index was up 12.5 points, or 0.27 per cent, at 4,570.4 points ...

Market Wrap

AAP  |  TUESDAY, 11 DEC 2012
... the eurozone debt crisis. Milan's FTSE Mib benchmark index of top companies slumped 2.22 per cent to 15,354 points at the close while Italian government borrowing costs spiked on the back of the political uncertainty. Madrid's IBEX 35 index in debt-hit ...

Five Aus equities managers share $1bn in new mandates

BEN COLLINS  |  MONDAY, 10 DEC 2012
Close to $1 billion dollars worth of new Australian equities mandates have been handed out by industry superannuation fund VicSuper as part of an investment overhaul. AllianceBernstein, Perpetual, Tribeca Investment Partners, SG Hiscock and Vinva will ...

Market Wrap

AAP  |  MONDAY, 10 DEC 2012
... open to boost our markets later today," he said. "As we head into the festive season a lot of the major institutionals will close their books for the rest of the calendar year, so turnover volumes lighten up a bit. "You do get a bit more volatility in ...

Market wrap AM

AAP  |  MONDAY, 10 DEC 2012
... against the dollar as traders digested positive US monthly jobs data. London's FTSE 100 index on Friday added 0.22 per cent to close at 5,914.4 points, Frankfurt's DAX 30 gave up 0.22 per cent to 7,517.80 points and the Paris CAC 40 gained 0.11 per cent ...

Market wrap PM

AAP  |  FRIDAY, 7 DEC 2012
... for October at 1130 AEDT. The spot price of gold in Sydney was $US1,700 per fine ounce, up $US11.36 from Thursday's local close of $US1,688.64 per ounce. National turnover was 276 million securities worth $398 million, with 385 stocks up, 189 down and ...

Market wrap AM

AAP  |  FRIDAY, 7 DEC 2012
The Australian market is likely to open higher after gains on markets in Europe and the United States. Stocks in France and Germany rose after the European Central Bank (ECB) said a decision to leave its key rate unchanged was not unanimous. Wall Street ...

It's just plain dumb

BENJAMIN ONG  |  FRIDAY, 7 DEC 2012
'Twas another up day on Wall Street overnight as investors bought a lotta Apple and other techs and... optimism on a cliff deal. "Twas another good day in Europe - the Stoxx 600 closed 0.7% higher to an 18-month high -- despite the European Central ...

Market Wrap

AAP  |  THURSDAY, 6 DEC 2012
... "It's also been driven by the miners who have opened strongly." The Dow Jones industrial average gained 82.71 points to close at 13,034.49. In Europe, London's FTSE 100 index of leading companies closed up 0.39 per cent to 5,892.08 points, while Frankfurt's ...