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| | | ... HONG KONG - Shares jumped 2.28 per cent in their biggest gain in 13 weeks, on the back of strong advances in Chinese financials after positive earnings estimates from three banks. The Hang Seng Index closed up 489.24 points at 21,913.06 after opening ... |
| | | | ... cent during the 12-day losing run. HONG KONG - Shares closed up 0.85 per cent on the back of strong gains in Chinese financials after a positive earnings report from the country's biggest bank, but turnover dropped to its second-lowest level this year. ... |
| | | | ... unlikely to raise interest rates again this year. "While the market pulling is down a bit because of resources, the financials have had a great result," Ms Spencer said. "Talk about holding interest rates steady would also be comforting." National Australia ... |
| | | | ... last year," Mr Chatterton said. "You've still got support coming through for those resources type companies. "But the financials are still being whacked around the head for no particular reason, other than its a new financial year and they need a bit ... |
| | | | ... adviser Helen Spencer said the market was down across the board. "The market has been quite soft and we've seen the financials struggling a bit," Ms Spencer said. "Woolworths, Telstra and a couple of the metal stocks are fairing a bit better." "But we ... |
| | | | ... at the Australia Israel Chamber of Commerce luncheon heard that the resources sector in Australia is now bigger than financials while the same realignment is happening even in the UK. According to reports, the Australian Bureau of Agricultural and Resource ... |
| | | | The Australian share market was down at noon after a weak performance from US financials affected the local market. At 1200 AEST, the benchmark S&P/ASX200 index was down 57.2 points, or 1.05 per cent, at 5,386 while the broader All Ordinaries fell 48.3 ... |
| | | | ... market closed in positive territory yesterday, with gains in the resource and energy sectors outweighing falls from the financials. The benchmark S&P/ASX200 index rose 20.5 points, or 0.38 per cent, to 5443.2, while the broader All Ordinaries gained ... |
| | | | ... Australian share market had recovered at noon to edge into the black as strength in the resources sector offset weakness in financials. At 1200 AEST, the benchmark S&P/ASX200 index was up 9.3 points, or 0.17 per cent, at 5434.5, while the broader All ... |
| | | | ... share market had its biggest one-day fall in almost three months, ending 2.8 per cent lower. The big decline was led by financials after US investment bank Lehman Brothers reported a $US2.8 billion loss and announced it would raise billions of dollars ... |
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