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General

ASX reports $19.4 million profits in Q1

AAP  |  TUESDAY, 21 OCT 2003
The Australian Stock Exchange Ltd said today that it had achieved an unaudited profit of $19.4 million for the three months to September 30, 2003.

Midday Market Wrap: Dollar weak; bonds strong

The Australian dollar was fractionally weaker at noon but had travelled in an upwards trajectory in local trade after being knocked lower by a broadly stronger United States currency overnight.

Morning Market Wrap: US key indices up

The Australian share market is likely to make moderate gains at the open following a mild increase in key United States indices on Friday.

S&P research reveals turnover frequency of funds impacts long-term returns

In recent research conducted by Standard and Poor's in the US of 15,000 domestic mutual funds, it was ascertained that funds with a lower than average turnover had outperformed their high turnover peers in all nine domestic fund styles on a three and ...

ASX releases proposed listing rule changes

AAP  |  MONDAY, 20 OCT 2003
The Australian Stock Exchange Ltd today released its exposure draft of proposed listing rule changes.

Midday Market Wrap: Dollar weaker; market slow

The Australian dollar was weaker to noon pulled sharply off its early highs as the US Treasury Secretary's comments supporting a strong US dollar and suggesting US interest rates should rise streamed through the market

Morning Market Wrap: Dollar stronger

The Australian dollar opened stronger today, swiftly edging above the $US0.6900 level it reached on Friday after the United States dollar fell across the board.

Superannuation assets jump in June quarter: APRA

The value of Australian superannuation assets recovered strongly in the June quarter, and now stands at record levels, according to latest data released by the Australian Prudential Regulation Authority (APRA).

Midday Market Wrap: Resources pull back

The Australian share market remained weaker at noon, following a lacklustre session on Wall Street overnight.Resources stocks have pulled back from yesterday's gains while some banking stocks have gained ground in the overall weaker market.

Hedge funds achieve modest gains for September: Van Hedge Fund Advisors

Despite the fact that all major US stock market benchmarks were down last month, hedge funds continued to generate seventh-straight month of modest gains for the Van Global Hedge Fund Index.