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Showing 6081 - 6090 of 6252 results for "December 2002"

Midday Market Wrap: Dollar weaker; ASX retreats from early gains

The Australian dollar was weaker at noon, dropping back towards $US0.7000 after trading in a tight range amid a lack of interest, a trader said. At 1200 AEDT the Australian dollar was trading at $US0.7028/33 compared with yesterday's close of 0.7052/62. ...

Argo cautiously optimistic on share market outlook

Listed investment company Argo Investments Ltd said profits in the current half-year would likely be higher than for the same period in 2002, but warned it was having difficulty finding attractive investment opportunities. Addressing the company's annual ...

Agribusiness conditions improve marginally for the September quarter: NAB survey

Agribusiness conditions have improved marginally during the September quarter, to remain at a relatively weak level, the latest National Australia Bank (NAB) quarterly agribusiness survey has revealed. According to Alan Oster, chief economist at NAB ...

Morning Market Report: US GDP surges at 7.2%; Dollar hits $US0.7100 overnight

US stocks rose on Thursday afternoon as investors welcomed surprisingly strong growth in the US economy. The market spiked briefly in early trading after a report showed US gross domestic product surged at a 7.2 per cent annual rate in the July-September ...

Midday Market Wrap: Dollar weak waiting for US GDP results

The Australian dollar was weaker at noon after the United States dollar strengthened overnight in anticipation of a strong third quarter US gross domestic product (GDP) reading tonight. At 1200 AEDT the Australian dollar was trading at $US0.7029/32 ...

Morning Market Wrap: Soft start

The Australian sharemarket is likely to follow the soft lead higher from Wall St overnight, with the focus on Westpac Bank's annual results and a raft of annual general meetings. In New York, the Dow Jones moved slightly ahead, as investors paused after ...

Afternoon Market Wrap: All Ords finish higher led by ANZ

The Australian share market finished higher today, as strong trading in ANZ led blue chips higher despite a slide in BHP Billiton. The benchmark S&P/ASX 200 index closed 19.9 points stronger at 3263.4 while the all ordinaries index rose 20.4 points ...

Midday Market Wrap: Dollar, bonds rally

The Australian dollar continued to rally to noon, scoring widespread interest to buy the unit as it defied rising US stock prices and a downturn in the euro. At 1200 AEDT the Australian dollar was trading at its highs for the day so far, at $US0.7066/71 ...

Morning market Wrap: US Fed Reserve holds rates steady

US stocks held onto their earlier gains on Tuesday after the Federal Reserve voted to keep interest rates steady at 45-year lows, as expected. The Dow Jones industrial average was up 64 points to 9672, after briefly rising more than 80 points from Monday's ...

Afternoon Market Wrap: $A closes above 70 cents, Nikkei edges higher

The Australian dollar closed well above 70 US cents today, buoyed by very strong world commodity prices and a wide interest rate differential with the United States. At 1700 AEDT the Australian dollar was trading at $US0.7030/34 compared with yesterday's ...