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General

Market wrap

US equity markets were mixed overnight, offering little direction for the local sharemarket on Thursday.

NAB prices $670 mil 10-year subordinated debt issue

AAP  |  WEDNESDAY, 26 MAY 2004
National Australia Bank on Tuesday priced a $670 million Lower Tier 2 fixed and floating rate subordinated debt issue maturing on June 2, 2014.

Market wrap

The Australian sharemarket has received a strong signal to surge higher on Wednesday after benchmark indices on Wall Street posted the largest percentage gain in almost two months overnight.

Aristocrat shares up 12% after profit forecast

AAP  |  TUESDAY, 25 MAY 2004
Shares in poker machine maker Aristocrat Leisure rocketed more than 12% higher in early trade after providing guidance for the first half.

Market wrap

AAP  |  TUESDAY, 25 MAY 2004
The Australian share market is likely to track sideways after a lacklustre session on Wall St overnight, but stronger commodities prices could drive resources stocks higher.

Market wrap

AAP  |  MONDAY, 24 MAY 2004
The Australian share market should get a boost from Wall St and open higher, continuing a winning streak that ran through most of last week.

Equity, bond and commodities all down in April: Mercer

Most equity, bond and commodity markets fell in April, the latest MercerSector Survey has revealed.

Market wrap

AAP  |  FRIDAY, 21 MAY 2004
US stocks ended near the unchanged mark on Thursday as investors digested mixed earnings reports and weaker-than-expected manufacturing data.

Business urged to take advantage of Aust-Thai FTA

AAP  |  THURSDAY, 20 MAY 2004
Australian businesses that moved quickly to take advantage of the free trade agreement with Thailand would be the most successful, Austrade said today.

Market Wrap

The pressure of rising oil prices forced US equity markets lower overnight, and will likely be reflected in a weak session locally on the Australian sharemarket on Thursday.