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Market Wrap

AAP  |  MONDAY, 26 AUG 2013
... lost 18 cents at $32.28, but Commonwealth Bank rose 23 cents to $72.28, Westpac picked up 18 cents to $31.65, and ANZ advanced six cents to $29.70.

Market Wrap AM

AAP  |  FRIDAY, 23 AUG 2013
... FTSE 100 index of top blue-chip companies rose 0.88 per cent to finish the day at 6,446.87 points. Frankfurt's DAX 30 advanced 1.36 per cent to 8,397.89 points, while the CAC 40 in Paris rose 1.10 per cent to 4,059.12 points. The euro was flat against ...

Market Wrap AM

AAP  |  WEDNESDAY, 14 AUG 2013
... say. London's FTSE 100 index of leading shares climbed 0.57 per cent to finish at 6,611.94 points. Frankfurt's DAX 30 advanced 0.68 per cent to 8,415.76 points, while the CAC 40 in Paris added 0.51 per cent to end at a new high this year at 4,092.50 ...

Market Wrap AM

AAP  |  FRIDAY, 9 AUG 2013
... Tursday at 6,529.68 points and Frankfurt's DAX 30 added 0.70 per cent to end at 8,318.32 points. In Paris, the CAC 40 advanced 0.64 per cent to 4,064.32 points - its highest level this year. The euro rose to $US1.3391 from $US1.3334 late in New York ...

Market Wrap AM

AAP  |  MONDAY, 5 AUG 2013
... The Dow Jones Industrial Average gained 30.34 (0.19 per cent) to finish Friday at 15,658.36. The broad-market S&P 500 advanced 2.80 (0.16 per cent) to 1,709.67. Both the Dow and S&P set all-time closing records. And the tech-rich Nasdaq Composite rose ...

Market Wrap AM

AAP  |  WEDNESDAY, 31 JUL 2013
... or 17.16 points, to close at 1,917.05. Shanghai added 0.70 per cent, or 13.76 points, to end at 1,990.06 and Hong Kong advanced 0.48 per cent, or 103.81 points, to 21,953.96. Investors are sitting on the sidelines before the Fed's policy statement on ...

Market Wrap AM

AAP  |  MONDAY, 29 JUL 2013
... earnings results. LONDON - European stock markets mostly fell, as investors digested mixed company results, but Paris advanced amid a rosier outlook, analysts say. In London, the FTSE 100 index of leading shares lost 0.50 per cent to end at 6,554.79 ...

Market Wrap AM

LAURA MILLAN  |  FRIDAY, 19 JUL 2013
... that the Fed plans to scale back its bond-buying program, but only when the economy improves. LONDON - European shares advanced on unexpectedly positive US jobs data and more expected testimony from US Federal Reserve chief Ben Bernanke that he had no ...

FPA sets out opposition to self-education cap

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
... proposes to increase competency and training standards for advisers. The paper suggests that advisers should have an advanced diploma level from 2015 and a university degree level from 2019. The FPA estimates that an advance diploma on Financial Planning ...

Market Wrap AM

AAP  |  TUESDAY, 16 JUL 2013
... another record-breaking finish on Wall Street. Shanghai added 0.98 per cent, or 19.90 points, to 2,059.39 and Hong Kong advanced 0.12 per cent, or 26.03 points, to 21,303.31, while Seoul closed 0.28 per cent, or 5.18 points, higher at 1,875.16. Tokyo ...