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Showing 41 - 50 of 117 results for "Bank stocks"

Market Wrap PM

AAP  |  TUESDAY, 7 MAY 2013
... expecting the cash rate to stay unchanged at three per cent when the central bank meets on Tuesday afternoon. But major bank stocks opened weaker, with the Commonwealth Bank shedding 0.5 per cent to $71.31, Westpac losing 1.15 per cent to $32.78, National ...

Market Wrap AM

AAP  |  THURSDAY, 14 FEB 2013
... announce second quarter sales results. In Australia, the market on Wednesday closed at its highest level since 2008 as bank stocks soared on a better than expected profit from Commonwealth Bank (CBA). At the close, the benchmark S&P/ASX200 index was ...

Market Wrap PM

AAP  |  FRIDAY, 25 JAN 2013
... miner Atlas Iron was up 1.5 cents at $1.585 after meeting expectations with its second quarter production results. Bank stocks were higher, with Westpac up 18 cents at $27.28, Commonwealth up 35 cents at $63.59, National Australia Bank up 12 cents at ...

Market Wrap

AAP  |  THURSDAY, 6 DEC 2012
The Australian market is set for a modestly higher open higher after a surge in bank stocks fuelled gains on Wall Street. At 0818 AEDT on Thursday, the December share price index futures contract was up six points at 4,531. In local economic news, the ...

Bank dividends under threat

MARK SMITH  |  TUESDAY, 30 OCT 2012
... further exposure to bad debt, according to Five Oceans Asset Management's Chris Selth. Strong yields have contributed to bank stocks being one of the success stories of the year. ANZ is up 24%, Commonwealth Bank is up 16% and Westpac and NAB up 12% and ...

Market Wrap

AAP  |  FRIDAY, 29 JUN 2012
... eurozone's spreading debt crisis. London's benchmark FTSE 100 index shed 0.56 per cent to 5,493.06 points on Thursday, with bank stocks hurt by an interest rate fixing scandal. In Frankfurt, the DAX 30 tumbled 1.27 per cent to 6,149.91 points and in ...

BofA: Fund managers appetite for risk growing

ELISE BURGESS  |  MONDAY, 23 JAN 2012
... equities while 31% remain underweight in eurozone equities, up from 35% in December, with US fund managers returning to bank stocks with the proportion underweight in banks dropping to 16% from 32% last month. European fund managers continue to ignore ...

Market Wrap - Morning

AAP  |  MONDAY, 12 DEC 2011
... buying their bonds. The Dow closed up 186.56 points, or 1.6 per cent, at 12,184.26. It's up 1.4 per cent for the week. Bank stocks led the market higher, reflecting traders' optimism about Europe's progress toward solving its crisis. Citigroup Inc. rose ...

Market Wrap - Midday

AAP  |  THURSDAY, 6 OCT 2011
... soaring 13.3 per cent, or 15.5 cents, to $1.33. There was also solid support for financials, with all the major retail bank stocks gaining more than three per cent. National Australia Bank was the strongest stock on the ASX 20, rising 4.6 per cent, or ...

Market Wrap - Midday

AAP  |  MONDAY, 26 SEP 2011
... recovering slightly from a major sell-off last week to trade 1.4 per cent up, after a significant rebound in European bank stocks on Friday. All the major retail banks gained ground, with Westpac the strongest performer, up 2.35 per cent to $19.17. Energy ...