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Economics

Market wrap

AAP  |  TUESDAY, 7 DEC 2004
In Sydney today the sharemarket is expected to open slightly firmer as the domestic market continues to march towards the 4000 barrier.

Market wrap

AAP  |  MONDAY, 6 DEC 2004
In Sydney today the sharemarket is expected to open slightly firmer despite a reasonably benign lead from the US on Friday.

Record IPO Activity: It's crazy out there says Deloitte

Deloitte's latest IPO report has revealed a record breaking year for IPOs with an unprecedented 176 newly floated companies raising a total of $10.4 billion.

Market wrap

AAP  |  FRIDAY, 3 DEC 2004
In Sydney today the sharemarket is expected to open slightly firmer, despite weakness in base metal and oil prices, as the market continues with recent buying momentum.

Costello says economic slowdown not unwelcome

AAP  |  THURSDAY, 2 DEC 2004
The current slowdown in the Australian economy was not unwelcome, Treasurer Peter Costello said today.

Market wrap

AAP  |  THURSDAY, 2 DEC 2004
In Sydney today the sharemarket is expected to open firmer as a strong rally in the US is expected to be the driving force for the local market.

Market wrap

AAP  |  WEDNESDAY, 1 DEC 2004
In Sydney today the sharemarket is expected to open slightly weaker as US markets fell across the board and base metal prices also moderated somewhat.

All signs point to an economic deceleration

New economic data for the month of October 2004 has been released revealing a reduction 0.7 per cent in the value of retail trade and a 2.4 per cent drop in building approvals.

Market wrap

AAP  |  TUESDAY, 30 NOV 2004
In Sydney today the sharemarket is expected to open firmer as continued momentum from yesterday's trade flows through the market.

Australian stocks steaming towards 4000

The Australian sharemarket continued its race towards the 4000 point barrier with another surge today underpinned by gains in the banking and retailing sectors and blue chip stocks.