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Economics

Market Wrap - Midday

AAP  |  THURSDAY, 16 OCT 2008
The Australian share market was trading more than five per cent lower at noon dragged down by the resources sector and after heavy losses from Wall Street.

No instant gratification

BENJAMIN ONG  |  THURSDAY, 16 OCT 2008
'Rome was not built in a day.' Wall Street's behaviour over the past few days reflects the GenXers and GenYers culture of instant gratification.

Market Wrap - Morning

AAP  |  THURSDAY, 16 OCT 2008
The Australian share market is expected to open significantly lower after US stocks slumped overnight as economic reports there showed the economy is headed for a recession, if not there already.

Market Wrap - Midday

AAP  |  WEDNESDAY, 15 OCT 2008
The Australian share market was in negative territory at noon led by the resources sector after a weak lead from Wall Street.

Sober and sombre

BENJAMIN ONG  |  WEDNESDAY, 15 OCT 2008
True to script, Wall Street calmed down from the euphoric rally that greeted investors at the start of the trading week.

Market Wrap - Morning

AAP  |  WEDNESDAY, 15 OCT 2008
The Australian share market is expected to open lower after US stocks declined overnight as some traders sold shares to take advantage of the huge gains of he previous two days.

Market Wrap - Midday

AAP  |  TUESDAY, 14 OCT 2008
Australian stocks were higher at noon after all major US indices surged more than eleven per cent overnight.

Depression no more?

BENJAMIN ONG  |  TUESDAY, 14 OCT 2008
A depression-like stockmarket tumble needs a depression-like bounce back. This is what the equity markets' got overnight as Wall Street staged its biggest rally since October 1931.

Market Wrap - Morning

AAP  |  TUESDAY, 14 OCT 2008
The Australian share market is expected to surge at open this morning, with the Australian futures index up over seven per cent, following Wall Street's boom overnight.

Market Wrap - Midday

AAP  |  MONDAY, 13 OCT 2008
Australian stocks remained strong at noon, led by the financial sector, after rebounding this morning from Friday's horror session.