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General

DUET stapled securities issue price set at $2.29

AAP  |  THURSDAY, 15 JUL 2004
The issue price of the stapled units in Diversified Utility and Energy Trusts (DUET), an investment fund joint ventured by AMP Capital investors and Macquarie Bank, has been set at $2.29 per unit.

Market wrap

AAP  |  THURSDAY, 15 JUL 2004
The local market is likely to track lower again at the open following a fall in US stocks overnight as investors remain cautious ahead of the reporting season which kicks off next week in Australia.

Market wrap

AAP  |  WEDNESDAY, 14 JUL 2004
The local market is likely to continue its wait and see approach ahead of the upcoming reporting season with no real direction from overseas markets overnight.

Market wrap

AAP  |  TUESDAY, 13 JUL 2004
The local market sentiment is generally upbeat but trading could drift in the early session with little direction from the US market which closed marginally higher amid relief at a pull back in oil prices and pessimism about the global semiconductor ...

Market wrap

AAP  |  MONDAY, 12 JUL 2004
The local market could move higher again taking a lead from the US where stocks rose on Friday after positive comments on the economy

US dollar tumbles on concerns over terrorist attacks on US soil

After a brief rebound overnight, the US dollar tumbled to fresh multi-month lows against the euro and Swiss franc today amid a new government warning about possible terrorist attacks on US soil.

ING entertainment fund debuts at 9% premium

AAP  |  THURSDAY, 8 JUL 2004
The ING Real Estate Entertainment Fund today debuted on the Australian Stock Exchange at a nine cent premium to its issue price of $1.

Aust banks amongst Asia Pacific region's top lenders

AAP  |  THURSDAY, 8 JUL 2004
Australian banks were among the top 10 lending institutions for project finance in Asia Pacific for the first six months of 2004 with much of the activity concentrated in Australia.

Market wrap

AAP  |  THURSDAY, 8 JUL 2004
The Australian market should benefit from a positive lead from the US and local gold producers should see renewed interest after bullion soared past the $US400 mark overnight.

Market wrap

AAP  |  WEDNESDAY, 7 JUL 2004
The Australian share market is likely to retreat after significant falls on Wall Street and a slump in the gold price