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Economics

Market wrap

AAP  |  FRIDAY, 2 SEP 2005
The Australian share market is likely to open firmer with both the S&P/ASX 200 and the All ordinaries very close to setting fresh intraday record highs.

ASGARD consolidates SMA funds

ASGARD is implementing a number of significant improvements to their SMA default portfolios that they use in the $1.4 billion ASGARD Employee Super Account.

Market wrap

AAP  |  THURSDAY, 1 SEP 2005
The Australian share market is likely to open firmer as US markets rallied across the board, settling up for a positive tone on the local bourse.

Market wrap

AAP  |  WEDNESDAY, 31 AUG 2005
The Australian share market is likely to open weaker this morning as oil prices surged to fresh record highs overnight, weighing on US equity markets and suggesting further weakness on the local bourse.

Market wrap

AAP  |  TUESDAY, 30 AUG 2005
The Australian share market is likely to open sharply firmer after heavy selling yesterday pushed the domestic market lower, with both the S&P/ASX 200 and the All ordinaries ending the day under 4400.

Economic roundup

Last week, the Australian Bureau of Statistics reported that the total value of construction work rose by 4 per cent to a record A$22 billion in the June quarter and is up by 6.4 per cent from the same period last year.

Market wrap

AAP  |  MONDAY, 29 AUG 2005
The Australian share market is likely to open weaker as softer offshore equity markets paint a bleak picture for the local market.

Market wrap

AAP  |  FRIDAY, 26 AUG 2005
The Australian share market is likely to open firmer as slight gains across the board in the US, coupled with fresh record high oil prices combining to help push the local market higher.

Market wrap

AAP  |  THURSDAY, 25 AUG 2005
The Australian share market is likely to open sharply weaker as a sell off in BHP Billiton shares in the UK overnight, coupled with weakness in US equity markets, paints a bleak early picture for the domestic bourse.

Market wrap

AAP  |  WEDNESDAY, 24 AUG 2005
The stock market is likely to open little changed after the September share price index contract traded down two cents to 4463 on the Sydney Futures Exchange.