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Afternoon market wrap: Australian shares drift lower

... offshore markets Friday. But it was the banking sector which allowed the market to finish slightly higher, with the big four banks all posting modest gains on the day. By contrast, major resource stocks Rio and BHP Billiton both ended the day a little ...

Midday market wrap: Australian shares weaker

... failed to excite investors. Local losses were broad-based, with News Corporation trading 7c lower at $11.66 and the big four banks all weaker. Resource stocks were not spared, with market leaders BHP Billiton and Rio erasing recent gains. The Australian ...

Afternoon market wrap: Australian shares struggle towards the black

... overnight in US and European markets, following disappointing earnings news from Nokia and IBM. Hardest hit were the major banks, with the ANZ shedding almost one per cent in value. Resource stocks closed a little lower, while News Corporation gained ...

Midday market wrap: Australian shares tumble in early trade

... reports from Ford Motor Corporation and Lucent Technologies. Locally, losses were broad based, and included the big four banks, News Corporation, major resource stocks and Telstra. But the Australian bond market was a little firmer, with the yield on ...

Midday market wrap: Australian bonds hammered

... market was also a little weaker in morning trade, in line with modest losses overnight in the US. Broad-based weakness in banks and property trusts was offset by strong advances among major resource stocks. All Ordinaries 3055.9 -5.1 NASDAQ 1753.21 -1.61 ...

Midday market wrap: Australian shares modestly higher

... another night of strong gains in US markets. At midday, the All Ordinaries index was 7.9 points higher at 3,061.3. The major banks all posted good advances in morning trade, while News Corporation added 10c to $11.97. Major resource stocks Rio and BHP ...

Morning market wrap: US shares make further gains

AAP  |  TUESDAY, 15 JUL 2003
US shares ended higher Monday, buoyed by solid earnings results from banks Citigroup Inc. and Bank of America Corp. The second quarter earnings season commences in earnest later this week. The Dow Jones industrial average rose 57.6 points (0.6%) to ...

Challenges ahead for wealth managers: survey

... offered strong growth opportunities for such organizations, many would also fail to match market growth. The survey of private banks/wealth managers in Australia, Hong Kong and Singapore was conducted by PricewaterhouseCoopers. The consultant found that ...

Midday market wrap: Australian shares open higher

... markets. At midday, the All Ordinaries had increased 27.4 points to 3,050.2. Advances were broadbased, including the major banks, major resource stocks Rio and BHP Billiton, and media conglomerate News Corporation. Japan's Nikkei 225 index was also up ...

Afternoon market wrap: Shares sustain upward momentum

... Japan's Nikkei 225. News Corporation led the local market higher, with the media conglomerate rising 29c to $11.87. The major banks all recovered ground after last week's sell-off, while resource stocks also continued to move higher. In the local bond ...