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| | | The Australian sharemarket was almost one per cent lower at noon, dragged down by weaker commodities prices. At 1200 AEST, the benchmark S&P/ASX200 index was down 33.5 points, or 0.71 per cent, at 4667.7, while the broader All Ordinaries fell 37.9 points ... |
| | | | ... Potter said the market had opened strong but was drifting back a little bit heading towards noon. "It's being led by commodities and the financial sector," he said. "It's getting strength out of the US session. "The Australian market was really drifting ... |
| | | | ... at 4679. In news on Tuesday, the Australian Bureau of Agriculture and Resource Economics releases its third quarter commodities report. In company news, Premier Investments releases its full-year results. Wesfarmers Ltd managing director and chief executive ... |
| | | | ... index that its hard to see a downside to." Resources stocks were leading the way on Thursday after a good night in commodities trade overnight, he said. BHP Billiton was up 70 cents to $39.70 and Rio Tinto had gained $1.48 to $61.66. In the energy sector ... |
| | | | ... through a single manager platform. The funds include a wide range of strategies including frontier emerging markets, commodities, infrastructure and micro cap, with managers usually appointed on a performance fee basis. In Australia, access to Russell ... |
| | | | ... NEW YORK - US stocks rose modestly Tuesday, underpinned by optimism that economic recovery is underway and surging commodities prices driven by a weakening dollar. The Dow Jones Industrial Average rose 56.07 points, 0.59 per cent, to 9,497.34 at the ... |
| | | | ... manager developing the corporation's corporate bonds division and was later appointed head of fixed income, currency and commodities and deputy president at GIC Asset Management. Meanwhile, Anthony Lim Weng Kin was appointed president the American office ... |
| | | | ... prolong recessions elsewhere. In the US, the day's biggest losses came from energy and material companies as prices for commodities like crude and copper plummet. The Dow Jones Industrial Average closed down 47.92, or half a per cent, at 9496.28. The ... |
| | | | ... adviser Helen Spencer said resources and the energy sector were pulling the market up after mostly positive news about commodities overnight. "Overall, (it's been) a fairly solid day, particularly the resources sector faring well, recovering from yesterday's ... |
| | | | ... worries that a rally in risk assets may have gone too far. Mitsubishi Corp and other trading houses lost ground after commodities fell on growing doubts about economic recovery, though this was countered by gains in defensive shares -- seen as resilient ... |
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