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Market Wrap - Morning

AAP  |  MONDAY, 22 SEP 2008
The Australian stock market is expected to open stronger today, with Wall Street extending its rally on Friday as investors returned to the market on the back of a US Treasury plan to restore calm to the financial system. At 0745 AEST, the Sydney Futures ...

Market Wrap - Midday

AAP  |  FRIDAY, 19 SEP 2008
... not investing." At 1241 AEST, spot gold in Sydney was trading at $US845.40 an ounce, down $US10.50 on yesterday's local close of $US855.90. Newcrest Mining gained 67 cents, or 2.73 per cent to $25.17, Lihir Gold lifted 17 cents, or 6.85 per cent, to ...

No more short cuts

MICHELLE BALTAZAR  |  FRIDAY, 19 SEP 2008
... short positions equivalent to more than 0.25 per cent of the ordinary share capital of the relevant companies held at market close on the previous working day. FSA chief executive Hector Sants said that while the regulator still regards short-selling ...

Farrell chairs MDRT

MEDIA RELEASE  |  FRIDAY, 19 SEP 2008
Finance professionals association Million Dollar Round Table has appointed Stuart Farrell as the incoming Australian chairman. The role of MDRT Australia Chairman is a two-year term. Farrell will work closely with the state chairpersons to 'connect' ...

Market Wrap - Morning

AAP  |  FRIDAY, 19 SEP 2008
... cent, with benchmark Nikkei-225 index down 260.49 points to 11,489.30, rebounding from earlier lows, but still its lowest close since June 27, 2005. HONG KONG - The benchmark Hang Seng Index was off 0.03 per cent, or 4.73 points, to 17,632.46. WELLINGTON ...

HBOS surrenders to Lloyds TSB

WWW.THESHEET.COM  |  THURSDAY, 18 SEP 2008
The worsening credit crunch may be about to generate a first merger of prominent commercial banks, with Lloyds TSB close to finalising terms for a takeover of HBOS. Britain's government and Financial Services Authority are encouraging the merger, according ...

Market Wrap - Midday

AAP  |  THURSDAY, 18 SEP 2008
... or 4.94 per cent, to 2098.85, and the broad-market Standard & Poor's 500 index lost 57.2 points, or 4.71 per cent, to a close at 1156.39.

Market Wrap - Morning

AAP  |  THURSDAY, 18 SEP 2008
... or 4.94 per cent, to 2,098.85, and the broad-market Standard & Poor's 500 index lost 57.2 points, or 4.71 per cent, to a close at 1,156.39. LONDON - The FTSE 100 index tumbled 113.2 points, or 2.25 per cent, to 4,912.40 points, breaching key technical ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 17 SEP 2008
... points, or 1.28 per cent, to 2,207.90 while the broad-market Standard & Poor's 500 index added 20.90 points, 1.75 per cent, to close of 1,213.60. LONDON - London's FTSE 100 index of leading shares tumbled to its lowest level for more than three years ...

Market Wrap - Midday

AAP  |  TUESDAY, 16 SEP 2008
... Australian exchange could be a lot worse. "We're doing pretty well really," Mr Klusman said. "Don't forget that we have fallen close to ten per cent in the last week, so we've already built a lot of this in. "We were down 80 points yesterday, 50 points ...