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Market Wrap - Morning

AAP  |  FRIDAY, 5 DEC 2008
The Australian stock market is expected to open weaker after US stocks fell overnight. At 0810 AEDT on the Sydney Futures Exchange, the December Share Price Index futures contract was down 36 points at 3,505. In economic news, the Australian Industry ...

Market Wrap - Morning

AAP  |  THURSDAY, 4 DEC 2008
The Australian stock market is expected to open higher after US stocks gained overnight, although weaker metals prices could limit gains from the miners. At 0802 AEDT on the Sydney Futures Exchange, the December Share Price Index futures contract was ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 3 DEC 2008
... good news. "Investors remain on the sidelines absorbing yesterday's interest rate cuts and the market should be positive at close." Growth figures released at 1130 AEDT showed the Australian economy expanding by just 0.1 per cent in the September quarter ...

VFMC unveils 2009 strategies

RUTH LIEW  |  WEDNESDAY, 3 DEC 2008
The $36 billion Victorian Funds Management Corporation is aiming to outperform its benchmark by 100 basis points through a combination of vanilla style derivatives, opportunistic trades and improved internal and external capabilities. VFMC chief investment ...

IAG ups Malaysian stake

RUTH LIEW  |  WEDNESDAY, 3 DEC 2008
Insurance Australia Group (IAG) has increased its interest in Malaysian joint venture AmAssurance by nearly 15 per cent but is pulling out of the life insurance part of the business. IAG announced on 1 December that it had pumped up its stake in AmAssurance ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 3 DEC 2008
... the global economy in the wake of dismal data worldwide. The benchmark Nikkei shed 533.53 to 7,863.69 points, its lowest close since November 20. HONG KONG - The benchmark Hang Seng Index fell by 702.99, or 4.98 per cent, to 13,405.85 points. WELLINGTON ...

Market Wrap - Morning

AAP  |  TUESDAY, 2 DEC 2008
The Australian stock market is expected to open weaker, after US and European stocks plunged on a declaration that the US officially is in recession, before the focus at home turns to the next interest rate cut, expected later today. At 0800 AEDT on ...

Four Bad 'Bers'

BENJAMIN ONG  |  MONDAY, 1 DEC 2008
Today we welcome the last of the 'ber' months - December. Chances are this month will go the way of the other three 'bers' that preceded it as fresh data proceeds to tell the story of global economic weakness and financial market uncertainty. While ...

Market Wrap - Morning

AAP  |  MONDAY, 1 DEC 2008
The Australian stock market is expected to open stronger on Monday after a rally on Wall Street. At 0723 AEDT on the Sydney Futures Exchange the December Share Price Index futures contract was up 15 points at 3,746. In economic news, amongst data released ...

Market Wrap - Morning

AAP  |  FRIDAY, 28 NOV 2008
... 40 jumped 80.54 points, or 2.54 per cent, to 3,250.39. TOKYO - Japan's Nikkei average rose 1.95 per cent to its highest close in over a week as hopes that a Chinese interest rate cut will help China's economy bolstered shippers, steelmakers and construction ...