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Market Wrap

AAP  |  WEDNESDAY, 2 MAY 2012
... 14 cents weaker at $22.69, while NAB was steady at $25.21. Wall Street closed firmer. The Dow Jones Industrial Average advanced 0.5 per cent, the S&P500 climbed 0.57 per cent and the NASDAQ rose 0.13 per cent. Ms Chan said the strong finish to Tuesday's ...

Market wrap

AAP  |  MONDAY, 30 APR 2012
... per cent to 5,777.11 points. In Frankfurt, the DAX 30 gained 0.91 per cent to 6,801.32 points and in Paris the CAC 40 advanced 1.14 per cent to 3,226.27 points. Madrid, down sharply by 2.65 per cent at the open following the S&P downgrade, confounded ...

Market Wrap

AAP  |  MONDAY, 23 APR 2012
... 0.33 per cent to 5,763.55 points, Frankfurt's DAX 30 climbed 0.91 percent to 6,731.96 points and in Paris the CAC 40 advanced 0.13 per cent in choppy trading to 3,178.74 points. Mr Chatterton said some of the smaller energy companies were experiencing ...

Market Wrap-Morning

AAP  |  MONDAY, 23 APR 2012
... 0.33 per cent to 5,763.55 points, Frankfurt's DAX 30 climbed 0.91 percent to 6,731.96 points and in Paris the CAC 40 advanced 0.13 per cent in choppy trading to 3,178.74 points. Madrid rallied 1.21 per cent and Milan 0.40 per cent. In foreign exchange ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 18 APR 2012
... inspired buyers. The Dow Jones Industrial Average closed up 194.13 points (1.50 per cent) to 13,115.54. The broader S&P 500 advanced 21.21 (1.55 per cent) to 1,390.78, while the Nasdaq jumped 54.42 (1.82 per cent) to 3,042.82. A successful bond auction ...

Default super in modern awards justified: Cbus

MELANIE TIMBRELL  |  MONDAY, 16 APR 2012
... assessing the current form of default fund appointments. Cbus chief David Atkin said the fund strongly supported the criteria advanced by the Industry Super Network to ensure trustees' knowledge and experience within the construction industry were allowed ...

The Fed, the ECB and the RBA

BENJAMIN ONG  |  THURSDAY, 12 APR 2012
... yield on 10-year bonds was lower than the cash rate. The one that heralds an economic slowdown six to nine months in advanced. (In the US, an inverted yield curve had "always" been followed by a recession). Average annual Australian real GDP growth slowed ...

WealthSure selects OneVue UMA platform

MELANIE TIMBRELL  |  WEDNESDAY, 4 APR 2012
... functionalities." OneVue announced plans to expand its UMA platform distribution in October last year, saying talks were at an advanced stage with several new dealer groups. In February this year, the provider added a retail superannuation offering to ...

Market Wrap - Morning

AAP  |  TUESDAY, 3 APR 2012
... 52.45 points (0.40 per cent) on the first trading day of the quarter to finish at 13,264.49. The broad-based S&P 500 advanced 10.43 points (0.74 per cent) to 1,418.90, while the tech-rich Nasdaq climbed 28.13 points (0.91 per cent) to 3,119.70. On Friday ...

Market Wrap

AAP  |  MONDAY, 2 APR 2012
... Manufacturing activity in China rose more than expected in March, according to the Purchasing Managers' Index (PMI), which advanced 2.1 index points to 53.1 points, well above market expectations of 50.8 result. IG Markets analyst Cameron Peacock said ...