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Market Wrap - Morning

AAP | THURSDAY, 18 MAR 2010

The Australian market is expected to open higher, on positive leads from overseas securities and commodities trading. At 0720 AEDT on the Sydney Futures Exchange, the March share price index contract was 18 points higher at 4,872 points. In economic ...

Land of the free money

BENJAMIN ONG | WEDNESDAY, 17 MAR 2010

Fed feeds equity market fervour. If you look at today's headlines, this is the message the various financial news services are trying to convey. "Wall St ends on 17-month high as rates hold" was Reuters' headline. Bloomberg had "U.S. Stocks Rise as ...

Market Wrap - Morning

AAP | WEDNESDAY, 17 MAR 2010

... and economic prospects from the Federal Reserve. In London, the FTSE 100 index added 0.48 per cent, or 11.63 points, to close at 5,620.43. FRANKFURT - The Dax gained 39.49 points, or 1.14 per cent, to 5,970.99. PARIS - The CAC 40 rose 26.39 points, or ...

Wen has spoken

BENJAMIN ONG | TUESDAY, 16 MAR 2010

Market Wrap - Morning

AAP | TUESDAY, 16 MAR 2010

... 2010 Paydirt Gold Conference continues into its second and final. On Monday, the Australian share market posted its weakest close in just over a week as other bourses in the region slid after mixed reports about the US economy inspired caution among ...

Market Wrap - Midday

AAP | MONDAY, 15 MAR 2010

The Australian stock market was flat at noon after weak leads from offshore. At 1200 AEDT, the benchmark S&P/ASX200 index was up 7.1 points, or 0.15 per cent, at 4,825.2 points, while the broader All Ordinaries index had risen 7.5 points, or 0.16 per ...

Tale of two extremes

BENJAMIN ONG | MONDAY, 15 MAR 2010

"Those who don't remember history are condemned to repeat it." How often have we heard this - and variation of this -- "wise saying" before? Many, many, many times. But for financial markets, remembering history on the second week of March 2010 has ...

Market Wrap - Morning

AAP | MONDAY, 15 MAR 2010

... than 0.1 per cent, to 1,149.99. The Nasdaq composite index fell 0.80, or less than 0.1 per cent, to 2,367.66. It stands close to an 18-month high. Bond prices were mixed. The yield on the benchmark 10-year Treasury note, which moves opposite its price ...

Don't know where to go

BENJAMIN ONG | FRIDAY, 12 MAR 2010

... the week before. But last week was punctuated by the better than expected US jobs report which pushed the S&P 500 index to close 1.4 per cent higher on the day. But it's the same jobs report that perhaps created the uncertainty and position consolidations ...

Market Wrap - Morning

AAP | FRIDAY, 12 MAR 2010

... down 8.09 points, by 0.14 per cent, to 5,928.63 points. PARIS - The Paris CAC 40 lost 14.6 points, by 0.37 per cent, to close at 3,928.95 points. TOKYO - Japanese stocks closed 0.96 per cent higher on Thursday, supported by modest gains on US markets ...

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Mercer Super chief executive steps down

RIDDHIMA TALWANI

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

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

L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI

Apostle Funds 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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