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| | | ... lead from the US market as it was closed on Friday for the Independence Day public holiday and the European market was pretty wishy-washy, so there was no positive lead coming from anywhere." Mr Heffernan said resources also had one of the biggest loses ... |
| | | | ... senior dealer Dominic Vaughan said most stocks were down by between 1.5 per cent and two per cent. "The selling off is pretty broad-based," Mr Vaughan said. "We've got a double whammy with the end of the quarter and the end of the financial year approaching ... |
| | | | ... performance for many days and it could have something to do with the Commonwealth Bank of Australia (CBA) saying they're in pretty good shape at the UBS conference today." CBA was up $1.76 or 4.52 per cent to $40.70 and it was announced today that Mark ... |
| | | | ... to $3.45. The big miners shrugged off lower metal prices in London to higher at midday. Mr Leppinus the market was still pretty flat with energy and resource stocks were the only positives on the day. At 1213 AEST Rio Tinto Ltd shares rose $1.94, or ... |
| | | | ... space and are now looking for investments such as infrastructure that generate stable income. "Retail investors take a pretty simple view on infrastructure. It's a yield-generating product, it's more defensive than the normal market and the assets are ... |
| | | | ... retirement or eligible for a transition to retirement strategy, securing 8.4 per cent tax free income for 12 months is a pretty compelling proposition in the current environment," said Freeman. "While recent market volatility has seen investors divert ... |
| | | | ... overnight, the Dow Jones industrial average slid 134.50 points, or 1.06 per cent, to 12,503.82. "The US market was sold down pretty heavily overnight, particularly the financial sector, so we've seen the investment banks get hit hard over here," CMC ... |
| | | | ... cent, higher to $15.96 at 1201 AEST. Ms Saly said Origin had reached a record intraday high of $16.15. "Origin says it has pretty much doubled its coal seam gas in northern Queensland and says the offer is very much undervaluing the company. "A few people ... |
| | | | ... a little bit more aggressive in the property space in what is still a bricks-and-mortar investment." "We've given them pretty broad limits and it's up to them to build a well diversified to provide a low double digit return." Drew said the super fund ... |
| | | | ... fully invested in our large cap space but we're very particular about the stocks. It really is an earnings story. It's pretty easy to get a hold of large cap earnings profiles, so we're [positive] on the BHP and Rio [Tinto]," said Wright. "We're focusing ... |
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