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Market wrap - morning

AAP  |  FRIDAY, 14 SEP 2012
... measures to stimulate the US economy at a monetary policy meeting. London's benchmark FTSE 100 index bucked the trend to close up 0.65 per cent at 5,819.92 points on Thursday. But Frankfurt's DAX 30 slid 0.45 per cent to 7,310.32 points, while Paris's ...

Market Wrap

AAP  |  THURSDAY, 13 SEP 2012
... firmer at 3114.31. The spot price of gold in Sydney was $US1,732.70 per fine ounce, down $US3.60 from Wednesday's local close of $US1,736.30 per ounce. National turnover was 275.5 million securities worth $420.2 million, with 228 stocks up, 327 down ...

Two down, one to go

BENJAMIN ONG  |  THURSDAY, 13 SEP 2012
... would be at the head of the currently fragmented system of national regulators, with the power to police, penalise and even close banks. It would also gain powers to monitor banks' liquidity and demand they hold more capital to protect themselves against ...

Market Wrap - Morning

AAP  |  THURSDAY, 13 SEP 2012
... door to more aid to embattled Spain. The Dow Jones Industrial Average on Wednesday edged up 9.99 points (0.07 per cent) to close at 13,333.35. The S&P 500-stock index rose 3.00 (0.21 per cent) to 1,436.56, while the tech-rich Nasdaq added 9.79 (0.32 ...

Market Wrap

AAP  |  WEDNESDAY, 12 SEP 2012
Australian shares have opened slightly higher as investors remain cautious ahead of a US Federal Reserve meeting and a German court decision on the eurozone debt rescue fund. At 1018 AEST on Thursday, the benchmark S&P/ASX200 index was up 10.5 points ...

Market wrap morning

AAP  |  WEDNESDAY, 12 SEP 2012
The Australian market looks set to open higher. At 0700 AEST on Wednesday, the September share price index futures contract was up 18 points at 4,342. In economic news on Wednesday, the Australian Bureau of Statistics is due to release the June quarter ...

Market wrap - afternoon

AAP  |  TUESDAY, 11 SEP 2012
Australian stocks had a lacklustre opening after falls on Wall Street and in Europe. At 1018 AEST on Tuesday, the benchmark S&P/ASX200 index was down 14.3 points, or 0.34 per cent, at 4,319 points, while the broader All Ordinaries index had fallen 14.6 ...

Market wrap - morning

AAP  |  TUESDAY, 11 SEP 2012
SYDNEY - The Australian market looks set to open lower after falls on Wall Street as investors wait to see if the Federal Reserve's policy meeting later in the week will lead to stimulatory measures. At 0749 AEST on Tuesday, the September share price ...

Market Wrap

AAP  |  MONDAY, 10 SEP 2012
... according to IRESS data. The spot price of gold in Sydney was $US1,734.80 per fine ounce, up $US40.91 from Friday's local close of $US1,693.89 per ounce. Also, contract prices of key commodities such as gold, copper and oil also rose in US trading. Locally ...

Blackstone appoints senior adviser

LINDA HAUSKEN  |  MONDAY, 10 SEP 2012
Blackstone has named James Carnegie as senior adviser to the firm, based in Sydney. Prior to joining Blackstone, Carnegie was a partner with Archer Capital, a domestic private equity firm. In his new role, Carnegie will assume responsibility for the ...