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General

Aust merger and acquisitions continues to gain momentum: report

AAP  |  THURSDAY, 10 JUN 2004
Merger and acquisitions (M&A) activity was gaining momentum in Australia and was the key driver of credit ratings volatility, a research article said on Wednesday.

Market wrap

AAP  |  THURSDAY, 10 JUN 2004
The Australian sharemarket was likely to open weaker as softer markets globally and weaker base metal prices combine to paint a negative picture for the local bourse.

Market wrap

AAP  |  WEDNESDAY, 9 JUN 2004
The Australian market is likely to open slightly firmer, although it could slip into the red over the course of the day as weaker oil, gold and base metal prices impact resource stocks.

IPO frenzy slows but end of year will see new records set

AAP  |  TUESDAY, 8 JUN 2004
The rush of new floats on the Australian Stock Exchange is fast losing momentum but the end of the current financial year will see a new annual record set for initial public offerings, a report has found.

Market wrap

AAP  |  TUESDAY, 8 JUN 2004
The Australian sharemarket is expected to continue to gain ground, following a strong lead from offshore markets overnight.

MIG securities jump to 10-mth highs on Cintra spin-off

AAP  |  MONDAY, 7 JUN 2004
Macquarie Infrastructure Group securities soared to 10-month highs today, after the toll road owner said it was floating its Spanish investment arm, pocketing $1.75 billion in the process.

Market wrap

AAP  |  MONDAY, 7 JUN 2004
The Australian stockmarket is expected to open firmer as a solid lead from the United States opens the door for further domestic gains.

Hedge funds bearish greenback and stocks: Van survey

Two-thirds of hedge funds managers expect the US dollar to end the month lower, while almost half expect the S&P 500 Index of US equities to fall and 44% anticipate a rise in the price of 10-year US Treasury notes, according to the latest monthly survey ...

2004 outlook upbeat for media companies - analysts

AAP  |  FRIDAY, 4 JUN 2004
The 2004 outlook for Australian media companies would remain upbeat providing there are no ill effects from high oil prices or a United States meltdown, analysts reported on Thursday.

Aust IPO-heavy in previous two quarters: survey

AAP  |  FRIDAY, 4 JUN 2004
The billion dollar floats of Virgin Blue, Pacific Brands and Zinifex plus a rash of public offers from smaller companies helped Australia punch above its weight in the global IPO arena in the six months to 31 March.