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J.P. Morgan backs Chinese stocks

COMPANY RELEASE  |  TUESDAY, 14 APR 2009
... Asset Management. According to the firm's statement, J.P. Morgan Asset Management believes MSCI China valuations are "very close" to their lowest levels either on a price to earnings (P/E) or price to book (P/B) ratio. The firm said the stocks represent ...

Market Wrap - Morning

AAP  |  TUESDAY, 14 APR 2009
The Australian share market has received mixed leads from overseas after crude oil prices slid overnight and US stocks ended mostly higher. At 0722 AEST on the Sydney Futures Exchange, the March SPI futures index was steady at 3,722. In economic news ...

Market Wrap - Morning

AAP  |  THURSDAY, 9 APR 2009
The Australian share market is expected to open in positive territory after Wall Street rose overnight and commodity prices were stronger. At 0711 AEST on the Sydney Futures Exchange, the June SPI futures index was up 45 points at 3,670. In economic ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 8 APR 2009
... big falls on Wall Street, but was a better performance so far. "Given the two per cent plus falls over there in the US, close to three per cent, declining only 1.5-1.7 per cent is a pretty workman-like performance, I would think," Mr Heffernan said. ...

More room to grow: AUI

RUTH LIEW  |  WEDNESDAY, 8 APR 2009
The $5.2 billion Australian Unity Investments is open to strategic joint venture opportunities with boutique firms specialising in international equities, listed property and global fixed interest. David Bryant, head of investments at AUI, said that ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 8 APR 2009
The Australian share market is expected to open in negative territory as Wall Street plunged over two per cent overnight. At 0706 AEST on the Sydney Futures Exchange, the March SPI futures index was down 50 points at 3,690. In economic news on Tuesday ...

Plato receives $20m inflow

MICHAEL HOBBS  |  TUESDAY, 7 APR 2009
... until the end of May. Yet Hamson said the ban isn't affecting the strategy's ability to perform. "Hopefully we're getting close to the time where the powers that be will take [the ban] off but I don't think its really hindered us, if anything a lot of ...

Market Wrap - Morning

AAP  |  TUESDAY, 7 APR 2009
... in Oil and Gas conference. On Monday, the Australian share market closed higher after gains in financial stocks. At the close, the S&P/ASX200 was up 21 points, or 0.56 per cent, at 3756.6, while the broader All Ordinaries gained 22.4 points, or 0.61 ...

Market Wrap - Morning

AAP  |  MONDAY, 6 APR 2009
The Australian share market is expected to open higher following a positive lead from Wall Street and most other world markets on Friday. At 0730 AEST on the Sydney Futures Exchange, the March SPI futures index was up 33 points at 3,773. In economic ...

Market Wrap - Morning

AAP  |  FRIDAY, 3 APR 2009
... gains, soaring 1,002.43, or 7.41 per cent, to 14,521.97. WELLINGTON - The New Zealand share market put on a late run to close with respectable gains despite market leader Fletcher Building being down. The benchmark NZSX-50 index closed up 16.562 points ...