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Market Wrap - Morning

AAP  |  WEDNESDAY, 29 SEP 2010
... Chamber of Commerce luncheon, also in Sydney. On Tuesday, the Australian share market clawed back most of its early losses to close marginally lower after stronger banking stocks capped falls in the mining sector. The benchmark S&P/ASX200 index was down ...

Gotta love gold

BENJAMIN ONG  |  TUESDAY, 28 SEP 2010
We've been told that the US recession officially died 15 months ago and Wall Street, it seems, is no longer grieving. In fact, the S&P 500 index looks on track to claim its "biggest September gain in 71 years" - unless Bloomberg is mistaken, that is ...

Market Wrap - Midday

JOHN MCDULING  |  MONDAY, 27 SEP 2010
... Street gains on Friday and record-high gold prices. The Shanghai Composite Index had returned to trading after a three-day close last week for the Mid-Autumn Festival, she said. At midday, Ms Chan said the financial sector was leading the market upwards ...

One voice

BENJAMIN ONG  |  MONDAY, 27 SEP 2010
... "From a distance the world looks blue and green, and the snow-capped mountains white." And indeed it is! Up to last week's close, the S&P 500 index has gained 3 per cent so far this year and the Dow has earned another 4.1 per cent. Small beer you say? ...

Market Wrap - Morning

JOHN MCDULING  |  MONDAY, 27 SEP 2010
The Australian market has received positive leads from offshore trading over the weekend, with all key markets ending stronger on Friday. On the Sydney Futures Exchange at 0651 AEST, the December share price index futures contract was 57 points higher ...

Market Wrap - Midday

AAP  |  FRIDAY, 24 SEP 2010
... signal employers are not significantly adding new jobs. The Dow Jones industrial average fell 76.89, or 0.7 per cent, to close at 10,662.42, while the Standard & Poor's 500 index fell 9.45, or 0.8 per cent, to 1,124.83.

Bad hair day

BENJAMIN ONG  |  FRIDAY, 24 SEP 2010
There were snippets of good news overnight although on the whole, they were just that -snippets. Bad news dominated the headlines. There was more of the same confusing data out of America. Jobless claims rose by 12,000 in the week ending 18 September ...

Market Wrap- Morning

AAP  |  FRIDAY, 24 SEP 2010
Australian shares are expected to decline after falls in US equities on a surprise jump in unemployment claims there and more signs of trouble for Europe's economy. On the Sydney Futures Exchange at 0751 AEST, the December share price index futures ...

SSgA ETF targets high yields

RUTH LIEW  |  THURSDAY, 23 SEP 2010
... A constructed index like MSCI's Australian equities structure could provide grossed up returns with an expected yield of close to 8 per cent for the year to end of June. "Compare that with other alternatives, and it's highly competitive," said Goodlad. ...

Market Wrap - Midday

AAP  |  THURSDAY, 23 SEP 2010
The Australian share market was slightly weaker at noon on Thursday, following a negative lead from United States markets overnight. At 1200 AEST, the benchmark S&P/ASX200 index was 5.4 points lower, by 0.12 per cent, at 4,619.8 points, while the broader ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI  |   12:01PM
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI  |   11:30AM
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI  |   12:13PM
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI  |   11:50AM
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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