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Market Wrap - Morning

AAP  |  MONDAY, 2 NOV 2009
The Australian sharemarket is expected to open lower after heavy losses on Wall Street on Friday amongst both securities and commodities. At 0728 AEDT on the Sydney Futures Exchange, the December share price index contract was 118 points lower at 4,506. ...

Market Wrap - Morning

AAP  |  FRIDAY, 30 OCT 2009
The Australian sharemarket is expected to open significantly higher as Wall Street had its best day in three months on better-than-expected United States economic growth figures. US gross domestic product rose at an annual rate of 3.5 per cent in the ...

Market Wrap - Midday

AAP  |  THURSDAY, 29 OCT 2009
... Group on Thursday reported an 11 per cent fall in annual net profit to $2.943 billion and says the Australian market is close to a peak in the bad debt cycle. Its shares were down 50 cents, or 2.14 per cent, at $22.85. NAB was down 64 cents, or 2.15 ...

Market Wrap - Morning

AAP  |  THURSDAY, 29 OCT 2009
The Australian sharemarket is expected to continue its recent run of losses on Thursday as Wall Street fell sharply on weaker economic data and a lower forecast for upcoming growth figures. At 0720 AEDT on the Sydney Futures Exchange, the December share ...

Joined at the hip

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2009
Ho hum. Another day, another boring day on Wall Street. Maybe there's more action in the north across its border. The usual suspects were in attendance to provide a semblance of market action. US shares rose on positive housing news. The S&P/Case Shiller ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 28 OCT 2009
The Australian sharemarket is expected to open lower as mixed economic data gave Wall Street a mixed day of trading. At 0730 AEDT on the Sydney Futures Exchange, the December share price index contract was 21 points lower at 4,743. In economic news ...

Market Wrap - Midday

AAP  |  TUESDAY, 27 OCT 2009
The Australian stock market was lower at noon and profit takers sold down and as mining and energy stocks were hurt by weaker commodities prices. At 1205 AEDT, the benchmark S&P/ASX200 index was down 52.7 points, or 1.09 per cent, at 4,777.6, while ...

Market Wrap - Morning

AAP  |  TUESDAY, 27 OCT 2009
The Australian sharemarket is expected to open lower on Tuesday after Wall Street fell due to the impact of a stronger US dollar on multinational and resource companies. At 0721 AEDT on the Sydney Futures Exchange, the December share price index contract ...

Platinum Capital appoints chairman

COMPANY RELEASE  |  MONDAY, 26 OCT 2009
Platinum Capital Limited, part of Platinum Asset Management, has announced the appointment of Bruce Phillips to the role of chairman. The announcement, which was made public last Friday on the ASX, noted Phillips will replace Peter Clarke who has been ...

Four pillars of a good hedge fund: Ashton

RUTH LIEW  |  MONDAY, 26 OCT 2009
Nick Raphaely, executive director of Ashton Advisors, which has links to the highly successful Paulson funds in the US, said Paulson's four pillars of running a solid hedge fund stems from a transparent model that focuses on independence. Raphaely comments ...

Editor's Choice

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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