Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 8051 - 8060 of 10365 results for "Close"

No instant gratification

BENJAMIN ONG  |  THURSDAY, 16 OCT 2008
'Rome was not built in a day.' Wall Street's behaviour over the past few days reflects the GenXers and GenYers culture of instant gratification. Flick a switch and dinner is cooked, the music plays, moving images play on the screen. Click on the mouse ...

Market Wrap - Morning

AAP  |  THURSDAY, 16 OCT 2008
... markets won't provide an instantaneous jolt to the economy. A sell-off that intensified late in the session caused the Dow to close down 733.08, or 7.87 per cent, at 8,577.91. On Monday, September 29, the Dow had its largest point drop -- 777.68. The ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 15 OCT 2008
... $30.05, while rival Rio Tinto declined $3.62, or 4.37 per cent, to $79.18. Overnight, the Dow fell 76.62, or 0.82 per cent, to close at 9,310.99.

Instreet calls on expertise for funds

MICHAEL HOBBS  |  WEDNESDAY, 15 OCT 2008
... $3.5 billion in funds under management. "This open ended actively managed fund considers a set of up 60 commodities, with a close focus on 40, that are analysed on a weekly basis," said George Lucas, Instreet managing director. "The fund is predominantly ...

Sober and sombre

BENJAMIN ONG  |  WEDNESDAY, 15 OCT 2008
True to script, Wall Street calmed down from the euphoric rally that greeted investors at the start of the trading week. Just as the spectacular one-day rallies of the 1930s (see yesterday's report, "Depression no more?") were followed by more sober ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 15 OCT 2008
... blue chip indices but left the technology-heavy Nasdaq composite index lagging. The Dow fell 76.62, or 0.82 per cent, to close at 9,310.99. Broader stock indicators also declined. The Standard & Poor's 500 index fell 5.34, or 0.53 per cent, to 998.01 ...

Market Wrap - Midday

AAP  |  TUESDAY, 14 OCT 2008
... strength today, which is encouraging. "(We will) see what the European and US markets may do tonight and hopefully we'll see it close similar to yesterday where we saw some good strength and buying into the close. "Fingers crossed, we hold onto the gains." ...

Depression no more?

BENJAMIN ONG  |  TUESDAY, 14 OCT 2008
... biggest one-day percentage gain - 11.1 per cent since 6 October 1931 when it jumped by 14.9 per cent from the previous day's close. As an aside, the Dow posted an even bigger 15.3 per cent rise on 15 March 1933, but the previous day's comparison was ...

Market Wrap - Morning

AAP  |  TUESDAY, 14 OCT 2008
... higher-yielding currencies. The Australian dollar jumped 3.06 cents, or 4.58 per cent at 0820 AEDT, to $US0.6981, from yesterday's close of $US0.6675. The official in charge of implementing the US's $700 billion rescue package, Neel Kashkari, said overnight ...

The end is nigh

BENJAMIN ONG  |  MONDAY, 13 OCT 2008
... has become irrational exuberance in reverse. When this will all end, nobody knows. But end it will - and it may be getting close.