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| | | ... well. Rio Tinto shares were up $1.45 or 2.53 at $59.55 while rival BHP Billiton had gained 39 cents at $37.54. The four major banks were higher, too. NAB shares had risen 61 cents or 2.57 per cent at $24.38, ANZ shares had gained 57 cents or 3.21 per ... |
| | | | ... Exchange, the September share price index contract was up 41 points at 4138 points on 13,251 contracts. "When you look at the major stocks in our market they are just all powering," said Austock Securities senior client advisor Michael Heffernan. The ... |
| | | | The Australian sharemarket had improved from its opening by noon after being pulled up by the major banks. At 1200 AEST, the benchmark S&P/ASX200 index was down 0.1 point,at 4169.4 points while the broader All Ordinaries index was 0.2 point lower at ... |
| | | | ... investors and market in the gearing up of banks' balance sheets as a means of boosting returns on equity." The report said that major fund managers also appeared to have been slow to engage with banks when the operational or business risks started to ... |
| | | | ... members, they need to understand that superannuation is a long term investment and there will be fluctuations, at times major fluctuations. According to SelectingSuper, while average returns for funds in 2008-09 are -13 per cent, they have made a remarkable ... |
| | | | State Street has appointed Greg O'Sullivan to a newly-created position of head of sales for State Street's Investor Services and State Street Associates' Currency Management businesses in Australia. The new position, based in Sydney, will be responsible ... |
| | | | ... higher than this morning," he said. "People are still feeding off the positive news from abroad." Mr Walker said the four major banks and the resources sector were lifting the market. "BHP and Rio are both continuing their rebound," he said. Rio Tinto ... |
| | | | ... familiar with the industry fund sector. "Given the dual roles of industry super funds - both as owners of ME Bank and as the major target markets - familiarity with, and sympathy for, the culture and values fo the industry fund sector would be well regarded," ... |
| | | | ... Securities senior client adviser and strategist Michael Heffernan said that the market had had a disappointing morning. "The major stocks on the market are having a breather today, dropping down. Woolworths is two and a bit per cent (lower), probably ... |
| | | | Trust chief executive and managing director, John Atkin, and a number of other executives at the firm have launched a strategic review of the business. The review was announced Bruce Corlett, chair at Trust, yesterday at the company's annual general ... |
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