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| | | ... iiNet v Roadshow appeal case. In Australia, the market on Thursday closed at a fresh eight-month high, buoyed by resource stocks and investors punting on China undertaking new moves to boost its economy. The benchmark S&P/ASX200 index was up 14 points ... |
| | | | ... buyers. The Dow Jones Industrial Average closed up 194.13 points (1.50 per cent) to 13,115.54. Mr Curtin said local resource stocks had risen due to commodity price rises offshore. "We're getting the benefit of the commodity price movement, so commodity ... |
| | | | ... klw/cdh SYDNEY, April 4 AAP - The Australian market has fallen at noon due to struggling commodity prices and resource stocks. At 1202 AEST on Wednesday, the benchmark S&P/ASX200 index was down 18.8 points, or 0.42 per cent, at 4,318.2 while the broader ... |
| | | | ... 42 cents, or 2.12 per cent, at $19.38, National Australia Bank was down $34 cents, or 1.49 per cent, to $22.46. Resource stocks, too, opened in negative territory. BHP Billiton was down $1.04, or 2.71 per cent, at $37.36, while Rio Tinto lost $2.22 ... |
| | | | ... Representatives that calls for raising the US debt limit by $US1 trillion ($A925 billion). In local trade, materials and resource stocks led the market down, with BHP Billiton falling 44 cents to $43.08, and Rio Tinto down 39 cents at $82.60. Banks and ... |
| | | | ... US stocks fell on a White House threat to veto legislation that would avert a US debt default. But Australian resource stocks may gain after the price of metals and oil rose. At 0826 AEST on the ASX 24 on Wednesday, the June share price index futures ... |
| | | | ... itself in altering between styles and sectors," said McElwee. In Q1 of 2010/11 they were adding value by picking up resource stocks, in Q2 they sold down some of those in favour of industrials benefiting from the mining boom, before turning their attention ... |
| | | | ... alongside China's purchasing managers index. They are positively correlated. This was on display only last week when resource stocks fell following reports that China's PMI declined in June to just above the expansion/contraction line. But as long as ... |
| | | | ... commodity prices at stretched levels and not sustainable in the long term," he said. "We are quite underweight resource stocks at the moment as we're sure that when commodity prices normalise and fall that share prices will follow." "We're underweight ... |
| | | | ... forces driving the major sectors in opposite directions. "Just on the open, we've seen a little bit of buying in resource stocks on the back of the uplift in commodities overnight," he said. Market heavyweight BHP Billiton rose 20 cents, or 0.46 per ... |
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