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| | | ... to $18.62, ANZ had advanced 12 cents to $13.33 and Westpac had jumped 19 cents, or 1.22 per cent, to $15.78. "Local financials are recovering from heavy losses last week, a continuation of the same theme out of the US," CMC Markets senior dealer Dominic ... |
| | | | ... materials sector was the worst performer on the local bourse followed by consumer discretionaries, industrials and financials. "It's pretty ugly," Mr Potter said. "We're in the depths of a bear market and no-one knows when it is going to stop. "The materials ... |
| | | | The Australian share market was slightly higher at noon, buoyed by a modest recovery in the financials sector and following gains on Wall Street. At 1215 AEDT, the benchmark S&P/ASX200 index was firmer by 16.7 points or 0.49 per cent at 3459.5, while ... |
| | | | ... lost 43.7 per cent over the year. The fund invests in a concentrated portfolio of 25 stocks in global infrastructure, financials and consumer staples sector. Douglass said it is because they know the financials sector in-depth that they were able to ... |
| | | | ... across the board," Mr Vaughan told AAP. "The stresses on the European financial market have flowed through into our financials and we saw commodity prices fall overnight, which has also flowed through into our market. "All in all, it looks like we may ... |
| | | | Research and ratings firm, Standard & Poor's has given the Aberdeen Financials Fund a 'three star' rating. The fund is managed using a bottom-up investment approach and features a low five per cent annual portfolio turnover. Mark Daniels, Aberdeen head ... |
| | | | ... sagging economy is aggravating the problems that began with the mortgage crisis in 2007. Amid the uncertainty about financials, investors were buying consumer stocks like Wal-Mart Stores Inc, McDonald's Corp and Procter & Gamble Co. Some tech stocks ... |
| | | | Threats to superannuation discussed as mere theories only 18 months ago are now real - a turn of events that should encourage debate on whether super fund members should be treated as 'investors' or 'fund beneficiaries', said a governance expert. Scott ... |
| | | | ... gains. BHP was up $2.40, or 10.27 per cent at $25.78, while Rio gained $3.93, or 6.57 per cent, at $63.73. Among the financials, Commonwealth Bank added $1.45, or 4.8 per cent at $31.67, National Australia Bank was up 78 cents, or 4.15 per cent, at $19.58 ... |
| | | | ... of the same: the Dow Jones finished down five and a half per cent so we're down about three," Mr Chatterton said. "Financials again are all down... so they're all continuing their drift away. "BHP is continuing, and Rio is down, as well. Most of the ... |
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