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General

Afternoon Market Wrap: Bank rebound offsets resources sector

A rebound by the banks offset some heavy profit taking in the resources sector as the Australian share market edged to a fresh 16 month high today.

Midday Market Wrap: Dollar strong, bonds weaker

The Australian dollar was stronger at noon after hovering around the $US0.6900 level overnight, with analysts saying the volatility was driven by a touch of strength in the United States dollar.

ACCC issues proposed industry codes of conduct for public comment

The Australian Competition and Consumer Commission (ACCC) issued a discussion paper and draft guidelines for developing and endorsing effective industry codes of conduct.

Morning Market Wrap: Gains continue; US$ weakens

The Australian share market is likely to continue its recent gains, following a slight lead from key United States indices overnight.

Afternoon Market Wrap: AXS hits 16-month high

The Australian share market struck a fresh 16-month high today, as key resources stocks pushed the bourse higher after continued strength in commodities markets overnight.

Midday Market Wrap: Gold and resources lead market; bonds and dollar weak

The Australian share market was up more than half a per cent at midday, pushed along by strength in gold and resources and strong performances by offshore markets overnight.

Morning Market Wrap: Gains expected on ASX

The Australian share market is likely to continue its recent gains, following a strong lead from offshore markets overnight.

Afternoon Market Wrap: Solid gain led by News Corp, AMP

The Australian share market made solid gains throughout the day, led by News Corp, AMP and major resource stocks.

Midday Market Wrap: ASX hits holding pattern

The Australian share market was fractionally firmer at noon but remains in a holding pattern.

Morning Market Wrap: Lacklustre lead from US; Dollar starts strong

In Sydney today, the Australian share market is likely to weaken today following a lacklustre lead from the United States on Friday.