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Midday market wrap: All Ordinaries heads north

Gains across the major banks helped lift the All Ordinaries index to a 16.10 point gain by lunch. Westpac led the way, adding $0.17 to stand at $15.82. News Corp was also a strong performer, rising by $0.22 to $11.15. Troubled trans-Tasman financial ...

Afternoon market wrap: AMP heads towards $5.00

The All Ordinaries index slipped marginally lower in afternoon trade as AMP shares saw morning gains wiped off-with interest. Stocks in the beleaguered financial services giant closed at $5.08, and it seems certain to test $5.00 ahead of the weekend. ...

Perennial adds Oshry to Value team

... team and has been timed to coincide with the steady growth we have experienced in the recent past," said John Murray, who heads up the Value team. "As an active value manager who places a great deal of emphasis on our proprietary research, it is critical ...

Campbell sees greater protective role for CFOs

An important role of the modern Chief Financial Officer (CFO) in corporate life is to rein in overly aggressive, high risk Chief Executive Officers (CEOs), according to Senator Ian Campbell, the Parliamentary Secretary to the Treasurer. Campbell said ...

Midday market wrap: All Ordinaries heads south

The All Ordinaries followed the global downturn as it lost 20 points in morning trading today. The major banks headed south with ANZ's share price falling $0.07 to $17.16, while Commonwealth fell $0.12 to $24.89 and Westpac drifted lower by $0.01 to ...

Midday market wrap: All Ordinaries heads south, AMP steadies

John Fernando The All Ordinaries drifted 0.44% lower in trading this morning following the trend set on Wall Street overnight. Under-fire AMP at last found some support following recent sharp falls, moving $0.01 higher to $6.78. Meanwhile the dollar ...