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Economics

Down on old news

BENJAMIN ONG  |  THURSDAY, 1 JUL 2010
Wall Street continued its downtrend overnight spooked by old news.

Market Wrap - Mid-Morning

AAP  |  THURSDAY, 1 JUL 2010
The Australian share market opened one per cent lower, after falls on Wall Street sparked by weak employment figures.

Market Wrap - Morning

AAP  |  THURSDAY, 1 JUL 2010
The Australian market is expected to open lower following a weak session in the US.

Market Wrap - Midday

AAP  |  WEDNESDAY, 30 JUN 2010
The Australian share market improved slightly by noon but remained sharply lower, with heavy losses in all sectors.

EOFYS

BENJAMIN ONG  |  WEDNESDAY, 30 JUN 2010
It had to happen today, didn't it? EOFY would not be a happy one for Australia given the ugly lead from Wall Street and European bourses while we were sleeping.

Market Wrap - Morning

AAP  |  WEDNESDAY, 30 JUN 2010
The Australian market is expected to open lower on Wednesday following strong negative leads from offshore overnight.

Market Wrap - Midday

AAP  |  TUESDAY, 29 JUN 2010
The Australian share market had moved into positive territory by noon after a lower opening, with bank and mining stocks leading the way.

Waiting

BENJAMIN ONG  |  TUESDAY, 29 JUN 2010
And so the tug-o-war between the bears and the bulls continue. The global economy would continue to recover. The global economy is headed for a recession.

Market Wrap - Morning

AAP  |  TUESDAY, 29 JUN 2010
The Australian market is expected to open lower on mixed leads from offshore trading overnight. Wall Street's key indices were flat to lower, precious and base metals and oil were down, but European markets were higher.

Market Wrap - Midday

AAP  |  MONDAY, 28 JUN 2010
The Australian share market was in into negative territory at noon with political uncertainty at home combining with ongoing worries about overseas debt and the United States economy to place weight on the market.