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Market Wrap

AAP  |  THURSDAY, 5 APR 2012
... "Given we're so tied to commodity prices with BHP, Rio and Fortescue - that's the major reason we've come off," he said. World oil prices tumbled after the US government reported a big jump in the nation's crude stockpiles, adding to concerns about growth ...

No QE, not bad

BENJAMIN ONG  |  WEDNESDAY, 4 APR 2012
... continued to advance. The housing sector remains depressed. Inflation has been subdued in recent months, although prices of crude oil and gasoline have increased lately. Longer-term inflation expectations have remained stable. "Consistent with its statutory ...

ASX bolsters mid to small caps

MELANIE TIMBRELL  |  TUESDAY, 3 APR 2012
... the resource sector. The ASX had been undertaking a consultation process on a reporting framework specifically for mining, oil and gas companies with detailed rules on the disclosure of reserves and resources information due in the second half of 2012. ...

Market Wrap

AAP  |  TUESDAY, 3 APR 2012
... Industrial Average added 52.45 points (0.40 per cent) on the first trading day of the quarter to finish at 13,264.49. World oil prices surged on the US manufacturing data and base metals also closed higher. Locally, resources stocks opened strongly with ...

Market Wrap

AAP  |  FRIDAY, 30 MAR 2012
... Industrial Average ended up 0.15 per cent, the S&P500 closed down 0.16 per cent and the NASDAQ declined 0.31 per cent. The price of oil and gold ended US trading lower, but copper finished firmer. The spot price of gold in Sydney was $US1,660.30 per ...

Market Wrap

AAP  |  THURSDAY, 29 MAR 2012
... Jones Industrial Average fell 0.54 per cent, the S&P500 fell 0.49 per cent and the NASDAQ fell 0.49 per cent. The price of oil, gold and copper ended US trading lower. The spot price of gold in Sydney was $US1,662.50 per ounce, down $US16 from Wednesday's ...

Market Wrap - Morning

AAP  |  THURSDAY, 29 MAR 2012
... NEW YORK - Falling energy and commodity shares pulled US markets lower amid more growth concerns and more talk of strategic oil stocks releases by Western powers. At the market close, the Dow Jones Industrial Average was down 71.61 points (0.54 per cent) ...

Market Wrap

AAP  |  TUESDAY, 27 MAR 2012
... rally." Commodities rallied overnight, with gold jumping 2.36 per cent, copper adding 1.85 per cent, and zinc up 0.75 per cent. Oil also made gains, with US light crude oil advancing 0.54 per cent to $US107.15. Materials stocks benefitted in opening ...

No greed, no fear, no volume

BENJAMIN ONG  |  MONDAY, 26 MAR 2012
... And speaking of headlines, last Friday's headlines were all about Wall Street rising because energy stocks gained, because oil prices jumped, because Reuters reported that Iranian shipments would drop by 300,000 barrels a day because of tighter sanctions. ...

Market Wrap - Morning

AAP  |  FRIDAY, 23 MAR 2012
... growing as strongly as expected and customers are reacting by choosing cheaper means of shipping packages. LONDON - World oil prices have tumbled in reaction to weak Chinese economic data and after France said industrialised countries were considering ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |   11:09AM
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |   12:20PM
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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