Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

General

Afternoon market wrap: Shares, dollar end higher

The Australian share market made it into positive territory just before the close of trading today, despite being weighed down by the banking sector for most of the session.

Midday Market Wrap: Dollar weaker, but responding to low unemployment rate

The Australian dollar was weaker at noon but had jumped higher on news that Australia's unemployment rate had plunged to a near 14-year low of 5.6 per cent in October.

St George launches $400 million fixed and floating rate transferable deposits

St George Bank has announced the launch of a $400 million fixed and floating rate transferable deposits (FRTDs) issue.

Morning Market Wrap: Dollar opens weaker

The Australian dollar opened slightly weaker today but was remaining buoyant within close proximity of six-year highs after jumping one US cent yesterday in response to a surprise interest rate hike.

Midday market wrap: Shares, bonds lower on RBA move

The Australian stock market opened lower today after a dip in trade on Wall Street overnight and the decision by the Reserve Bank of Australia to list the official cash rate 25 basis points to 5.00%.

US energy group AES to make bid for Loy Yang - report

AAP  |  WEDNESDAY, 5 NOV 2003
United States energy company AES Corporation has reportedly joined the race to buy Victoria's biggest electricity producer, Loy Yang, with a $3.1 billion bid.

Morning market wrap: US stocks head lower on disappointing jobs data

U.S. stocks slipped on Tuesday as investors caught their breath after pushing major market gauges to fresh 2003 highs in the previous session and awaited more earnings and economic data later this week.

Afternoon market report: Trade thins as Melbourne Cup takes precedence

WITH AAP  |  TUESDAY, 4 NOV 2003
The Melbourne Cup took centre stage as afternoon trade on the Australian share market slowed to a dribble, although the broader market indexes still managed to end the day in positive territory.

Midday market report: Shares surge higher on US data

The Australian stock market opened higher today following a surge by stocks on Wall Street overnight.

Morning Market Wrap: Dollar sinks below $US0.7000

The Australian dollar sank below $US0.7000 overnight as the United States dollar swept to strength on the back of a resurgent US manufacturing sector.