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Showing 1 - 10 of 34 results for "Mr Lucas"

Market lower in broad sell-off

AAP  |  WEDNESDAY, 27 MAY 2015
... the Australian market was experiencing a broad-based sell-off. "We've had two positive days off very light volumes," Mr Lucas said. "There's also been a bit of an over-reaction to media speculation over Fortescue Metals, and speculation around where ...

Market Wrap PM

AAP  |  THURSDAY, 26 MAR 2015
... lower in the NASDAQ," he said. "(And) there is nervousness out there that we are due for a little bit of a contraction." Mr Lucas said the financial sector was performing particularly badly, down 1.5 per cent. Commonwealth Bank was down $1.18 at $94.68 ...

Market Wrap PM

AAP  |  FRIDAY, 6 MAR 2015
... absolutely slammed by the growth targets coming out of China - that's why the materials space has been heavily sold off," Mr Lucas said. Oil and gas explorer Santos was down three cents at $7.82 and, Woodside had dipped 19 cents to $35.04 and Oil Search ...

Market Wrap AM

AAP  |  WEDNESDAY, 4 MAR 2015
... "fairly savagely" following the central bank's decision to leave the cash rate on hold at a record low of 2.25 per cent, Mr Lucas said. "It's not normal that you see the ASX move as hard as it did after an RBA meeting," he said. "It just shows you how ...

Market wrap

AAP  |  THURSDAY, 5 FEB 2015
... day," he said. High yield stocks continue to be in demand in the wake of the Reserve Bank's interest rate cut on Tuesday, Mr Lucas said. "Have a look at the diversified financials, they're killing it at the moment," he said. AMP was up 8.5 cents at $6.025 ...

Market wrap

AAP  |  TUESDAY, 27 JAN 2015
... worst affected, with its shares down nine cents, or 4.2 per cent, at $2.04, having earlier hit a five year low of $1.92. Mr Lucas said the iron ore price fall added to concerns about Fortescue's debt levels. "Fortescue has a 93 per cent debt to equity ...

Market wrap PM

STAFF WRITER  |  MONDAY, 1 DEC 2014
... watch is BHP - their two major players which is iron ore and petroleum, both of those commodities are in bear markets," Mr Lucas said. Among the major banks, Commonwealth Bank was off 20 cents at $80.52, National Australia Bank had backtracked 19.5 cents ...

Market wrap PM

AAP  |  THURSDAY, 20 NOV 2014
... iron ore. "That's why the materials space remains the one to watch - probably one of the worst performing plays around," Mr Lucas said. The major banks were experiencing some stability after falling in the wake of trading ex-dividend. Commonwealth Bank ...

Market wrap

AAP  |  THURSDAY, 13 NOV 2014
... factor behind its share price fall, he said. "She's been a standout CEO and that's why Westpac is off quite strongly," Mr Lucas said. Westpac had lost 45 cents to $32.88, Commonwealth Bank was down 65 cents at $81.20, ANZ had dropped 18 cents to $32.03 ...

Market wrap

AAP  |  WEDNESDAY, 5 NOV 2014
... indifferent. Most of them are waning, except for the CBA after a first quarter update that was in line with expectations," Mr Lucas said. One of the only few other bright spots for the market was CSR, whose shares gained 7.5 cents, or two per cent, to ...
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