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General

US hedge funds bearish equity

The appeal of US equity markets to macro hedge funds is in decline, according to the latest data provided by Van Hedge Advisors International released last week.

The rise of the Australian bourse to continue, analysts

AAP  |  MONDAY, 6 SEP 2004
The Australian share market should continue to rise off the record highs recorded last week, as companies deliver the goods to shareholders after a prosperous 2003/04 reporting season, market analysts said on Friday.

Market wrap

AAP  |  MONDAY, 6 SEP 2004
The Australian stock market is expected to open slightly weaker as US markets drifted lower heading into a holiday weekend.

Record month for options trading in August: ASX

The Australian Stock Exchange reported this week a new record average daily volume set for options trading in August.

Market wrap

AAP  |  FRIDAY, 3 SEP 2004
The Australian stock market is likely to aim for new highs today following the lead of overseas markets which finished in an upward surge overnight.

VAN global hedge fund index slips -0.9% net in July

The Van Global Hedge Fund Index lost -0.9% net of fees in July according to hedge fund consultant Van Hedge Fund Advisors International.

Seven shares tumble as analysts downgrade stock

AAP  |  WEDNESDAY, 1 SEP 2004
Shares in broadcaster Seven Network tumbled for a second day today as some brokers advised customers the stock was underperforming.

ASX looks at Sons of Gwalia's disclosures: report

AAP  |  WEDNESDAY, 1 SEP 2004
The Australian Stock Exchange has questioned Sons of Gwalia over disclosure issues following its move into voluntary administration with liabilities expected to reach more than $800 million, it was reported today.

Telstra top executives to be grilled by ACCC: report

AAP  |  WEDNESDAY, 1 SEP 2004
Senior Telstra Corp executives including the company\'s top legal officer and internet chief will be grilled by the competition regulator this week, as hostilities escalate over allegations of predatory internet pricing by the telco, it was reported ...

Market Wrap

The Australian dollar opened stronger today after the US dollar lost ground overnight on weaker than expected economic data.