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Market Wrap - Midday

AAP  |  THURSDAY, 29 SEP 2011
... lower in offshore markets. The spot price of gold in Sydney was $US1,608.35 per fine ounce, down $US44.48 from Wednesday's close of $US1,652.83. Mr Burmester said he expected shares to close lower, but investors will be watching for rumours or news leaks ...

Second tranche of FOFA well received: industry

ELISE BURGESS  |  THURSDAY, 29 SEP 2011
... Once enacted, the legislation will provide final certainty for us to move forward." Both the FPA and ISN reiterated their close position with the Government, with the FPA having worked with the Government over the past two years on this draft legislation ...

Market Wrap - Morning

AAP  |  THURSDAY, 29 SEP 2011
... losses on hopes of a solution to Europe's debt crisis. The benchmark S&P/ASX200 index rose 34.9 points, or 0.87 per cent, to close at 4,039.5, while the broader All Ordinaries index gained 34.2 points, or 0.84 per cent, to 4,097.7. NEW YORK - US stocks ...

Market Wrap- Midday

AAP  |  WEDNESDAY, 28 SEP 2011
... three decades the day before. The spot price of gold in Sydney was $US1,633.4 per fine ounce, down $US17.32 from Tuesday's close of $US1,650.72. But, he said, while investors expected the German parliament to agree to expand the rescue fund - or European ...

Hope trade

BENJAMIN ONG  |  WEDNESDAY, 28 SEP 2011
... resurgence in the share prices of European stocks that happened overnight. The FTSE-100 ended 4.02% on the up 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% ...

Market Wrap - Midday

AAP  |  TUESDAY, 27 SEP 2011
... he said. Australia's biggest gold miner Newcrest Mining, which was the worst performer among the top 50 companies at the close on Monday, rose $1.52, or 4.6 per cent, to $34.38. The spot price of gold in Sydney was $US1,627.8 per fine ounce, up $US60.98 ...

Market Wrap - Morning

AAP  |  TUESDAY, 27 SEP 2011
The Australian market looks set to open higher after Wall Street closed up 2.5 per cent. At 0652 AEST on Tuesday, the December share price index futures contract was up 105 points at 3,984. There is no economic news expected on Tuesday. In equities ...

Market Wrap - Midday

AAP  |  MONDAY, 26 SEP 2011
... wrecking its safe-haven status. The spot price of gold in Sydney $US1,645.7 per fine ounce, down $US100.01 from Friday's close at $US1,745.71. Australia's biggest gold miner Newcrest also tumbled $1.32 to $34.78.

Be glad for A$ weakness

BENJAMIN ONG  |  MONDAY, 26 SEP 2011
Oh no! This couldn't happen. Not now, not when the "Finance Minister of the Year" sits in Canberra. The A-dollar has fallen below parity with the US dollar. Australian deputy prime minister and federal treasurer Wayne Swan had been awarded the top gong ...

Market Wrap - Morning

AAP  |  MONDAY, 26 SEP 2011
... halted their downward slide on Friday, with the Dow Jones Industrial Average hovering just above the break-even mark at the close, despite ongoing gloom about the state of the global economy. The world-wide rout seen on Thursday was arrested in early ...