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Market Wrap PM

MARK SMITH  |  WEDNESDAY, 3 APR 2013
... ANZ fell two cents to $28.80. The three other big retail banks were also higher - CBA rose 49.5 cents to $69.445, NAB advanced 25 cents to $31.20 and Westpac was 34 cents higher at $31.36. "There is this underlying strength of the banks with the thought ...

Admin costs rise four-fold off-platform: research

ALICE URIBE  |  THURSDAY, 28 MAR 2013
... that moved back onto a platform, they thought the time was right to move off and they thought the solutions were more advanced. But they found that the time they had to spend on it and the quality of the reporting was an area they felt was inherently ...

Market Wrap PM

AAP  |  WEDNESDAY, 27 MAR 2013
... night on Wall Street, where the Dow climbed 0.77 per cent. Among the major miners, BHP was up 29 cents at $33.21, Rio had advanced 82 cents to $57.75 and Fortescue was 16.5 cents, or 4.33 per cent, higher at $3.975. All three bounced back after suffering ...

Market Wrap PM

AAP  |  THURSDAY, 21 MAR 2013
... leading the broader market higher. Local investors took their cues from a positive night on Wall Street, where the Dow advanced 0.39 per cent, the S&P500 climbed 0.67 per cent and contract prices for oil rose. Energy stocks were the best-performing sector ...

NZ Super makes key hires following Datacom investment

MARK SMITH  |  FRIDAY, 15 MAR 2013
... organisations including: EDS, National Australia Bank, Westpac, IBM and Ansett. He is a graduate of the Harvard Business School's Advanced Management Program. For the last three and a half years, Sutton was head of direct investment for the New Zealand ...

Still the best game in town

BENJAMIN ONG  |  TUESDAY, 12 MAR 2013
... China's still not out of the hard landing woods, emerging markets are slowing on 'beggar thy neighbour policies' by their advanced economy neighbours. Yet somehow, I doubt that unless the economic and investment environment gets worse than these, Wall ...

Market Wrap PM

AAP  |  THURSDAY, 7 MAR 2013
... Newcrest had risen 30 cents to $21.93. The two big mining giants were also higher: BHP was up 13 cents at $35.95 and Rio had advanced 15 cents to $63.35. The Australian Bureau of Statistics will publish the January trade balance at 1130 AEDT. Mr Herring ...

Market Wrap

AAP  |  WEDNESDAY, 6 MAR 2013
... that saw the Dow close within sight of a record high. Tokyo added 0.27 per cent, or 31.16 points, to 11,683.45 and Seoul advanced 0.17 per cent, or 3.46 points, to 2,016.61, while Sydney jumped 1.29 per cent, or 64.9 points, to close at 5,075.4. Hong ...

Market Wrap

AAP  |  TUESDAY, 5 MAR 2013
... per cent gains. ANZ was up 71.5 cents at $29.075, CBA rose $1.54 to $68.66, NAB lifted 73 cents to $30.83 and Westpac advanced 84 cents to $31.20. Investors were not wholly embracing riskier, cyclical stocks, with miner BHP Billiton 4.5 cents down at ...

Market Wrap

AAP  |  FRIDAY, 1 MAR 2013
... among the major banks, Commonwealth Bank lifted 17 cents to $67.44, ANZ lost 13 cents at $28.59, National Australia Bank advanced 32 cents to $30.52, and Westpac improved 13 cents to $30.90. In the resources sector, global miner BHP Billiton was 28 cents ...