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Market wrap - morning

AAP | TUESDAY, 5 MAR 2013

... London's FTSE 100 index of leading companies fell by 0.52 per cent to 6,345.63 points on Monday. Elsewhere, Frankfurt's DAX index gave up 0.21 per cent to 7,691.68 points, while Paris's CAC 40 gained 0.27 per cent to 3,709.76 as prudent traders awaited ...

Economic indicators defy equities upside: Schroders

MARK SMITH | WEDNESDAY, 17 OCT 2012

... Chinese, continue to be uncorrelated with GDP growth." The S&P 500 is up 15.69% since the start of 2012 while the German Dax index is up more than 25%. Household debt was blamed, in part, for the on-set of the GFC in 2007. Now that indebtedness has been ...

Hope trade

BENJAMIN ONG | WEDNESDAY, 28 SEP 2011

... and up by the close of trading. Wow! But if you think that's good. The Continent's performance was great! Germany's Dax index rallied by 5.3%, France's CAC-40 index by 5.74%, Finland's OMX Helsinki index by 5.1% and Italy's MIB by 4.9%. For greater emphasis ...

Market Wrap - Morning

AAP | FRIDAY, 16 SEP 2011

... rocketing. BNP Paribas rose 13.4 per cent, Societe Generale 5.4 per cent and Credit Agricole 5.89 per cent. In Frankfurt, the DAX index of leading shares closed up 3.15 per cent to 5,508.24 points and in London the FTSE-100 gained 2.11 per cent to 5,337.54 ...

Greed is good

BENJAMIN ONG | THURSDAY, 11 AUG 2011

... dropped by 6.1% at the close with equity gauges in the core countries of the Eurozone dropping big time. The German DAX index lost 5.1%; France's CAC-40 index gave up 5.4%; Italy's MIB index plunged 6.7%. And across the North Sea, the (literally) burning ...

The seventh day

BENJAMIN ONG | FRIDAY, 10 JUN 2011

... cent higher, the S&P ended 0.7 per cent up, European shares strengthened - led by a 1.4 per cent rally in Germany's Dax index - and the FTSE-100 gained 0.8 per cent. The positive overnight lead should propel Japanese and Australian and New Zealand bourses ...

Market Wrap - Morning

AAP | TUESDAY, 3 MAY 2011

... index gave up most of its early gains to end the day up 0.05 percent at 4,108.77 points while in Frankfurt the main DAX index gained 0.18 percent to 7,527.64 points. Elsewhere in Europe, Swiss stocks rose 0.08 percent, Amsterdam climbed 0.45 percent ...

Market Wrap - Morning

AAP | MONDAY, 14 MAR 2011

... European re-insurance groups posted heavy losses, with Munich Re losing 4.28 percent to 111.75 euros, while Frankfurt's DAX index dropped 1.16 percent. Swiss Re fell 3.54 percent to 51.70 Swiss francs, meanwhile. Hannover Re, which says it is the world's ...

Best house in the slums

BENJAMIN ONG | MONDAY, 13 DEC 2010

... bourse has also fared worse than its faraway European neighbour. The FTSE-100 is up 7.4 per cent this year and Germany's DAX index has surged by 17.6 per cent. Doesn't anybody see the house burning? Even absent the punishing interest rates charged on ...

Market Wrap - Morning

AAP | TUESDAY, 15 DEC 2009

... FTSE 100 index of leading British shares closed up 53.77 points, or 1.02 per cent, at 5,315.34. FRANKFURT - Germany's DAX index rose 45.97 points, or 0.8 per cent, to 5,802.26. PARIS - The CAC-40 in France ended 26.72 points higher, by 0.7 per cent ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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