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Market Wrap - Morning

AAP  |  MONDAY, 26 JUL 2010
... benchmark Hang Seng Index closed up 1.1 per cent, or 225.63 points, at 20,815.33, a rise of 2.79 per cent on last week's close. Turnover was $HK69.89 billion ($A10.08 billion). SHANGHAI - Shanghai shares closed up 0.38 per cent, or 9.62 points, at 2,572.03 ...

FPA calls for award nominees

PRESS RELEASE  |  FRIDAY, 23 JUL 2010
The Financial Planning Association (FPA) is calling for nominations to recognise its long standing best and brightest. The FPA's Distinguished Service Awards recognise individuals that have contributed to the association and volunteered for work throughout ...

Market Wrap - Midday

AAP  |  FRIDAY, 23 JUL 2010
The Australian share market was maintaining its positive momentum at noon, following a surge on Wall Street overnight. At 1200 AEST, the benchmark S&P/ASX200 index was up 78.3 points, or 1.79 per cent, at 4,453 points, while the broader All Ordinaries ...

Market Wrap - Morning

AAP  |  FRIDAY, 23 JUL 2010
The Australian stock market is expected to open higher, after a positive finish on Wall Street and firmer commodities prices during the offshore session. At 0720 AEST on the Sydney Futures Exchange, the September share price index contract was up 64 ...

Market Wrap - Morning

AAP  |  THURSDAY, 22 JUL 2010
... Tuesday before Wall Street rallied. The main reason behind Europe's advance on Wednesday was Apple's strong results after the close on Tuesday. Coca-Cola results also came in above forecasts European stock markets closed higher, but trimmed a large chunk ...

Market wrap - midday

AAP  |  WEDNESDAY, 21 JUL 2010
The Australian share market was higher at noon, led by major mining stocks. At 1200 AEST on Wednesday, the benchmark S&P/ASX200 index was up 18.8 points, or 0.43 per cent, at 4,422.4 points, while the broader All Ordinaries index had gained 19.2 points ...

Half-filled

BENJAMIN ONG  |  WEDNESDAY, 21 JUL 2010
Another set of dismal data again failed to get Wall Street down last night. Big-named US companies that reported their second quarter results overnight came up short of expectations and worse, some even downgraded their earnings guidance. Data out on ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 21 JUL 2010
... Zealand sharemarket turned its back on three consecutive days of decline, building momentum after an early small gain to close up more than one per cent. The benchmark NZX-50 index ended the session up 30.77 points, or 1.04 per cent, at 2,995.37 poin ...

Market Wrap - Morning

AAP  |  TUESDAY, 20 JUL 2010
The Australian stock market has received a mixed lead from offshore markets. Wall Street closed higher and futures contract prices for copper and oil firmed, but gold and silver prices eased. At 0747 AEST on the Sydney Futures Exchange, the September ...

NAB granted more time on AXA bid

PRESS RELEASES  |  MONDAY, 19 JUL 2010
... address the competition commission's concerns till the end of August. The comes after all three entities announced they were close to extending the period for NAB to address the issues raised by the Australian Competition and Consumer Commission (ACCC) ...

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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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
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