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Afternoon market wrap: Shares gain more ground in late trad

The Australian share market continued to creep higher in afternoon trade, with the All Ordinaries index ending the day up 11.2 points at 3,135.7. News Corporation was one major stock to defy the broader market move, ending 3c down at $11.75. But the ...

Shares, dollar help pooled fund returns in July: Mercer

The median return from the Mercer survey of pooled funds was 2.2% in July, Mercer Investment Consulting announced today. The return over the past year was 3.2%, the consultant said. The result was helped by the Australian equity market, which returned ...

Morning market wrap: US stocks dip on disappointing data

AAP | MONDAY, 4 AUG 2003

US stocks ended the week lower, as July employment and manufacturing data fell short of investors' optimistic expectations. But Treasuries also were unable to capitalise on the disappointing news, ending the day mixed to slightly lower. Earlier the ...

Afternoon market wrap: Australian shares end lower in quiet trade

The Australian sharemarket clawed back earlier losses, although still ending down on last Friday's closing levels. At one point in early trade the All Ordinaries fell almost 20 points, before scattered bargain hunting cut the loss at the end of trade ...

Afternoon market wrap: Australian shares end higher

AAP | FRIDAY, 1 AUG 2003

The Australian share market rose to a new 11-month high Friday, as investors continued to gain confidence in the prospects for global economic recovery. News Corporation and blue-chip resource stocks bounded ahead, supported by strong economic data ...

Midday market wrap: local shares open higher

The Australian share market opened on a strong note Monday morning, with the All Ordinaries breaking through the 3,100 level, and following solid advances Friday in US markets. The local market enjoyed broadbased gains, with Rio jumping 64c to $32.60. ...

Morning market wrap: Dow closes at 5-week high

US stocks bounced sharply late Friday, spurred by economic data that again surpassed analyst forecasts. The Dow Jones industrial average jumped 172.1 points (1.9%) to 9,284.6, a five-week high. The broader S&P 500 also rose 17.1 points (1.7%) to 998.7 ...

Afternoon market wrap: Shares end higher

The Australian share market continued to make modest gains in afternoon trade, after earlier opening over half a percent higher following strong advances Friday in US markets. The All Ordinaries eventually closed at 3,103.1, up 21.8 points from Friday's ...

Morning market wrap: US bonds weaker on strong labour data

US bond yields renewed their ascent of recent weeks, spurred by data from the US Labor Department showing a sharp drop in initial claims for unemployment benefits in mid-July. Claims fell 29,000 to 386,000 in the week to 19 July, the first time the ...

Afternoon market wrap: Shares edge up in late trade

The Australian share market continued to defy losses in US markets overnight, creeping higher throughout the afternoon session. The All Ordinaries closed 8.3 points higher at 3,081.3, led by major resource stocks. BHP Billiton closed 20c higher at $9.85 ...

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Federal Court calls out ASIC for re-running case on appeal

RIDDHIMA TALWANI

The Full Federal Court of Australia has criticised regulators for falling back on appeals to re-litigate cases on a different legal basis than the one run at trial.

Evergreen founder exits Ascalon Capital

KARREN VERGARA

Ascalon Capital has bid farewell to Evergreen Consultants' founder Angela Ashton, shortly after acquiring the consulting firm last year.

Powerhouse Ventures partners with European fund manager

KARREN VERGARA

ASX-listed Powerhouse Ventures has partnered with an unnamed European fund manager that will commit US$50 million to its fledgling Critical Infrastructure Opportunities (CIO) Fund.

KeyInvest unveils new investment platform, awards mandate

MATTHEW WAI

KeyInvest has launched a new investment platform to include a plethora of investment strategies ranging from private credit to global equities.

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