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Market Wrap - Morning

AAP  |  FRIDAY, 20 JAN 2012
The Australian market looks set to open higher following Wall Street's positive lead. At 0756 AEDT on Friday, the March share price index futures contract was up 28 points at 4,225. No major economic or equities news is expected on Friday. In Australia ...

Market Wrap - Midday

AAP  |  THURSDAY, 19 JAN 2012
Australian shares have trimmed early gains after disappointing jobs data weighed on optimism driven by strong energy results and stronger-than-expected results from Goldman Sachs. Market-beating results from Woodside Petroleum and Santos pushed energy ...

Wolf, wolf

BENJAMIN ONG  |  THURSDAY, 19 JAN 2012
Oh boy, oh boy, oh boy. Have you seen this morning's headline on theage.com.au? "'Ugliest' of times ahead." It's all about the World Bank's latest Global Economic Prospects report that, "signalled a downturn so severe it would eclipse the chaos that ...

Market Wrap - Morning

AAP  |  THURSDAY, 19 JAN 2012
... higher at 19,686.92 while Shanghai, which surged more than four per cent on Tuesday, shed 1.39 per cent, or 32.00 points, to close at 2,266.38. WELLINGTON - Wellington rose 0.39 per cent, or 12.70 points, to 3,247.50. Fletcher Building was up 2.0 per ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 18 JAN 2012
... back the bulls overall. After jumping more than one percent in early trade, the Dow Jones Industrial Average pulled back to close up 60.16 points (0.48 per cent) at 12,482.22. The broad-based S&P 500 gained 4.57 points (0.35 per cent) to 1,293.66, while ...

Market Wrap - Midday

AAP  |  TUESDAY, 17 JAN 2012
Miners and energy stocks have added around one per cent to Australian shares after a successful French debt auction and good production results boosted risk appetite. Shares extended early gains driven by a strong sale of French treasury bills overnight ...

Priced in

BENJAMIN ONG  |  TUESDAY, 17 JAN 2012
Standard & Poor's was at it - slashing - again last night. After lopping off one A out of France's and Austria's AAA credit rating at the end of last week, it did the same for the European Financial Stability Fund (EFSF). According to S&P: "We consider ...

Market Wrap - Morning

AAP  |  TUESDAY, 17 JAN 2012
The Australian market looks set to open higher, following Europe's lead which shrugged off a wave of ratings downgrades to end in positive territory. At 0630 AEDT on Tuesday, the March share price index futures contract was up nine points at 4,137. ...

Market Wrap

AAP  |  MONDAY, 16 JAN 2012
Australian shares have opened lower after a downgrade of nine of the European bloc countries' credit ratings sparked a fresh wave of risk aversion ahead of more Chinese data this week. Standard & Poor's (S&P) on Friday stripped France and Austria of ...

UBS: Political turmoil adding to market woes

MELANIE TIMBRELL  |  MONDAY, 16 JAN 2012
Political and financial systems, once relatively separate are now closely entwined, with more market volatility the potential result, according to the UBS Investing in 2012 report. Presidential elections in the US, France and Russia along with likely ...