Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Economics

Market Wrap - Midday

AAP  |  MONDAY, 7 JUN 2010
The Australian stock market was more than three per cent lower at noon, as investors poured out of equities following disappointing news on the US economy, concerns over Hungary's financial situation, and softer commodities prices.

Great disappointment

BENJAMIN ONG  |  MONDAY, 7 JUN 2010
Now you know what happens when hype meets reality. The S&P 500 index plummeted by 3.44 per cent when "great expectations" on the US jobs front turned out to be a "great disappointment".

Market Wrap - Morning

AAP  |  MONDAY, 7 JUN 2010
The Australian stock market is set for a big fall at the open, after Wall Street slumped more than three per cent overnight on Friday, and the price of benchmark commodities contracts such as oil, silver and copper closed weaker.

Market Wrap - Midday

AAP  |  FRIDAY, 4 JUN 2010
The Australian share market remained lower at noon as resource and financial stocks continued to fall in morning trade.

Bring it on

BENJAMIN ONG  |  FRIDAY, 4 JUN 2010
"We expect to see strong jobs growth in Friday's report. This economy is getting stronger by the day."

Market Wrap - Morning

AAP  |  FRIDAY, 4 JUN 2010
The Australian share market has received mixed leads from overnight trading overseas, with Wall Street indices slightly higher, precious metals and copper lower, but oil finishing up.

Market Wrap - Midday

AAP  |  THURSDAY, 3 JUN 2010
The Australian share market continued to rise in morning trade to be nearly two per cent higher at noon.

Silver lining

BENJAMIN ONG  |  THURSDAY, 3 JUN 2010
Ahh! Investors are back to watching US fundamentals now.

Market Wrap - Morning

AAP  |  THURSDAY, 3 JUN 2010
Australian shares are set for a strong opening after Wall Street posted its third largest gain of 2010 as better-than-expected home sales figures boosted optimism towards the US economy.

Market Wrap - Midday

AAP  |  WEDNESDAY, 2 JUN 2010
The Australian share market recovered from its lower opening on Wednesday to be in positive territory at noon, on a stronger Australian dollar and solid economic growth figures.