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Market Wrap - Morning

AAP  |  WEDNESDAY, 6 AUG 2008
... 1.38 per cent, to 4820.4, while the broader All Ordinaries shed 75.6 points, or 1.52 per cent, to 4882. It was the weakest close for the S&P/ASX200 index since early January 2006. NEW YORK - An already soaring Wall Street advanced further on Tuesday ...

Market Wrap - Midday

AAP  |  TUESDAY, 5 AUG 2008
... $6.48. Gold miners were sharply lower as the spot price of gold reached $US893.60, down $US19.85 from last night's Sydney close of $US913.45. Newcrest tumbled $2.53, or 8.51 per cent, to $27.20, and Lihir Gold gave up 21 cents to $2.49. Financials fared ...

V-Wrap sales sky rocket

MICHAEL HOBBS  |  TUESDAY, 5 AUG 2008
Praemium's online portfolio administration service, V-Wrap attracted a record number of new sales in the past two months, increasing by 20 and 30 per cent in June and July respectively compared to the same period's last year. Arthur Naoumidis, Praemium ...

Market Wrap - Morning

AAP  |  TUESDAY, 5 AUG 2008
... Dax fell 46.65 points, or 0.73 per cent, to finish at 6,349.81. PARIS - The CAC 40 lost 33.71 points, or 0.78 per cent, to close at 4,280.63. TOKYO - Japanese share prices closed down 1.23 per cent on Monday, ending below the key 13,000 points level ...

More females in fin services

RUTH LIEW  |  MONDAY, 4 AUG 2008
Women are now at the vanguard of financial services as more females are recruited in the sector compared to their male counterparts, says Dalton Nicol Reid (DNR). According to specialist individual managed account portfolio manager DNR, the last 15 ...

Future Fund still on hiring spree

RUTH LIEW  |  MONDAY, 4 AUG 2008
The $61.5 billion government Future Fund is looking to appoint three new team members to boost its operations and investment teams. Last week, the fund advertised for a senior analyst - infrastructure to assist in the development of the fund's global ...

Market Wrap - Morning

AAP  |  MONDAY, 4 AUG 2008
... FRANKFURT - The DAX fell 83.1, or 1.28 per cent to finish at 6,396.46. PARIS - The CAC 40 lost 78.02, or 1.78 per cent to close at 4,314.34. TOKYO - Japanese share prices closed down 2.1 per cent on Friday at a two-week low, hit by a slump on Wall Street ...

Alternatives: shock absorbers of sub-prime

RUTH LIEW  |  FRIDAY, 1 AUG 2008
... several alternative investment areas such as private equity, commodities, infrastructure and gold where the fund manager has close relationships with their investment partners. In turn, financial planners are now recognising specialist managers with ...

US growth disappoints

BENJAMIN ONG  |  FRIDAY, 1 AUG 2008
... during this data-filled week. Australian equities, in turn, dance to its tune. The local bourse maintained its gains at the close of yesterday's trading following Wall Street's rally overnight. Stocks closed higher in spite of negative news on Australian ...

Market Wrap - Morning

AAP  |  FRIDAY, 1 AUG 2008
The Australian stock market is expected to fall about one per cent after Wall St was rocked by disappointing US economic growth and job market figures. On the Sydney Futures exchange, the September share price index futures contract fell 48 points ...