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Market Wrap - Midday

AAP  |  FRIDAY, 14 OCT 2011
... falling 1.95 per cent. The spot price of gold in Sydney was $US1,664.75 per fine ounce, down $US6.55 an ounce from Thursday's close at $US1,671.30. Energy stocks were also hit hard, trading 1.45 per cent lower after world oil prices fell Thursday as ...

US regulator spotlights high frequency trades

MATT WOODINGTON  |  THURSDAY, 13 OCT 2011
High frequency traders in the US and UK could soon be made to register their trading systems as regulators look to control the practice which is often accused of exacerbating stock market volatility. The US' Commodity Futures Trading Commission was ...

Market Wrap - Midday

AAP  |  THURSDAY, 13 OCT 2011
... Europe in dealing with the eurozone debt crisis. The Dow Jones Industrial Average rose 102.55 points (0.90 per cent) to close at 11,518.85, while the S&P 500, a broader measure of the markets, climbed 11.71 points (0.98 per cent) to 1,207.25. The tech-heavy ...

Market Wrap - Morning

AAP  |  THURSDAY, 13 OCT 2011
... the market on Wednesday finished lower, pulling back from a week-long rally but made up some of its earlier losses by the close. The benchmark S&P/ASX200 indexshed 23.3 points, or 0.55 per cent, at 4,204.3 and the broader All Ordinaries index dropping ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 12 OCT 2011
... period last year. The spot price of gold in Sydney was $US1,667.57 per fine ounce, down $US10.98 an ounce from Tuesday's close at $US1,678.55. The December share price index futures contract was down 51 points at 4,187, with 17,366 contracts traded.

UBS shuts ING Australian alpha funds

MATT WOODINGTON  |  WEDNESDAY, 12 OCT 2011
ING Investment Management has terminated two of its Australian share funds, following its takeover by UBS Global Asset Management. The ING Alpha Plus Australian Share Fund and the ING Extended Alpha Australian Share Fund both closed on October 6. ING ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 12 OCT 2011
The Australian market looks set to open slightly lower on Wednesday. At 0639 AEDT on Wednesday, the December share price index futures contract was down three points points at 4,4233. In economic news on Wednesday, The Australian Bureau of Statistics ...

Market Wrap - Midday

AAP  |  TUESDAY, 11 OCT 2011
... cents, to 57 cents. The spot price of gold in Sydney was $US1,676.85 per fine ounce, up $US26.04 an ounce from Monday's close at $US1,650.81. The December share price index futures contract was up 34 points at 4,231, with 18,885 contracts traded.

Life insurance sales close in on $10bn

ELISE BURGESS  |  TUESDAY, 11 OCT 2011
Life insurance risk market inflows climbed 10% in the 12 months to June 2011 from $8.9 billion to $9.8 billion with TAL, Zurich and AIA recording the three highest inflows. Group risk had a rougher year with mixed results. According to Plan For Life ...

Market Wrap - Morning

AAP  |  TUESDAY, 11 OCT 2011
... previous two sessions, ended flat, edging up 4.05 points, to 17,711.06. But Shanghai lost 0.61 per cent, or 14.42 points, to close at 2,344.79 in the first trading day after the week-long Golden Week holiday. Tokyo and Taipei were closed for public holidays. ...