tag:blogger.com,1999:blog-86001039648850006582024-09-25T19:55:05.256-07:00Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comBlogger1492125tag:blogger.com,1999:blog-8600103964885000658.post-78911741549336464002011-11-17T15:17:00.001-08:002011-11-17T15:17:53.182-08:00

THE Australian market looks set to open higher, following a positive lead from Wall Street which turned up, after a flat opening, on some positive data on the US economy. At 0630 AEDT today, the December share price index futures contract was up five points at 4,312. In economic news, the Westpac-Melbourne Institute Leading Indexes of Economic Activity for November is released, as is the

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-69716185662820768172011-11-16T15:16:00.001-08:002011-11-16T15:16:23.850-08:00

A BIT of positive data on the US economy gave stocks a boost Tuesday, as traders brushed off new figures showing stalling European economic growth. The Dow Jones Industrial Average added 17.41 (0.14 per cent) to 12,096.39 in closing trade. The broad-based S&P 500 gained 6.02 (0.48 per cent) to 1,257.80, while the tech-heavy Nasdaq Composite rose 28.98 (1.09 per cent) to 2,686.20. US data

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-8737057308016650792011-11-15T15:23:00.001-08:002011-11-15T15:23:44.278-08:00

AUSTRALIAN shares closed marginally higher as investors remained cautious despite changes of leadership in Italy and Greece. At the close, the benchmark S&P/ASX200 index was up 8.1 points, or 0.19 per cent, at 4,304.6, while the broader All Ordinaries index was up 10.5 points, or 0.24 per cent, at 4,369.1. The December share price index futures contract was 17 points higher at 4,326 points,

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-14440474994860204482011-11-14T15:14:00.001-08:002011-11-14T15:14:06.823-08:00

THE resignation of Italian Prime Minister Silvio Berlusconi will prove a boost to investors today, with local stocks expected to climb on the back of greater certainty in European politics. The Australian share market is likely to kick-start the week in a positive manner after progress was made towards resolution of the Eurozone debt crisis. Investors around the world are seeing Mr Berlusconi's

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-76132788035182079722011-11-13T15:19:00.001-08:002011-11-13T15:19:36.081-08:00

EUROPEAN stock markets closed sharply higher overnight in a bounce after recent heavy losses, getting a boost as Italy and Greece made progress on reforms to help stabilise their strained finances. Dealers said the gains reflected investor relief that finally Italy and Greece were coming through on the measures demanded of them to ease the eurozone debt crisis. At the same time, strong doubts

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-1009906403146750542011-11-12T15:15:00.001-08:002011-11-12T15:15:59.826-08:00

THE Australian stock market fell the most in almost two months as the ongoing troubles in the Eurozone spooked investors. Australia's major market indices fell around three per cent after talks collapsed in Greece on forming a new government and Italian government bond yields spiked above seven per cent as investors lose faith in the country's ability to repay its debt. At 1039 AEDT, the

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-7836698388477728462011-11-11T15:22:00.001-08:002011-11-11T15:22:54.087-08:00

THE stock market was a sea of red ink yesterday over concerns Europe is about to spiral into recession. About $30 billion was wiped off the value of Australian companies in a massive global sell-off sparked by investors demanding higher returns from loans to Italy over concerns about its ability to repay its debts. Economists warned problems in Europe might take a "very ugly turn" that could

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-66477577774680307032011-11-10T15:17:00.001-08:002011-11-10T15:17:03.797-08:00

AUSTRALIAN shares fell the most in almost two months after Italian bond yields jumped overnight, evidence that investors are losing faith in the country's ability to repay its debt. At 1011 today, the benchmark S&P/ASX200 index was down 134.3 points, or 3.1 per cent, at 4,211.8, while the broader All Ordinaries index slumped 130.9 points, or three per cent, to 4,275.3. That is the biggest

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-85810498473406889852011-11-09T15:19:00.001-08:002011-11-09T15:19:57.613-08:00

AUSTRALIAN shares have opened 3 per cent lower today as world markets plunge after Italy's debt crisis enters new danger zone. The Australian dollar has also fallen more than two US cents on renewed fears of a looming debt crisis in Italy. At 07.28 (AEDT) on Thursday, the currency was trading at 101.62 US cents, down from 103.62 cents on Wednesday. European stocks closed sharply lower as

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-80954863067087732732011-11-08T15:19:00.001-08:002011-11-08T15:19:53.979-08:00

THE Australian market looks set to open flat after Wall Street was virtually unchanged in overnight trading. At 06.44 (AEDT), the December share price index futures contract was down two points at 4280. In economic news on Tuesday, the Australian Bureau of Statistics (ABS) releases its international trade in goods and services figures for September while the National Australia Bank's releses

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-30521525488585412182011-11-07T15:16:00.001-08:002011-11-07T15:16:18.935-08:00

US stocks got off to a cautious start as investors grew increasingly concerned that the eurozone debt crisis will spread to Italy and Greece scrambled to form a new government to avert default. The major equities index wobbled near the flat line in the first minutes of trade on Monday, before heading into positive territory. The Dow Jones Industrial Average rose 37.39 points, or 0.31 per cent,

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-67212927736086401442011-11-06T15:11:00.001-08:002011-11-06T15:11:07.318-08:00

THE Australian market looks set to open lower. At 7.05am (AEDT) today, the December share price index futures contract was down 27 points at 4258. In economic news today, the ANZ job advertisements series for October are released as is the Australian Industry Group/Housing Industry Association performance of construction index (PCI) for October. In equities news, RXP Services due to list on

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-74674945798087919322011-11-05T16:21:00.001-07:002011-11-05T16:21:48.482-07:00

THE Australian share market ended the week on a high note after Greek Prime Minister George Papandreou said plans to put a European financial rescue plan to a referendum may be abandoned. Global markets also rallied overnight on news of a surprise interest cut by the European Central Bank of a quarter of a percentage point, while stronger commodity prices helped boost the domestic bourse. The

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-20096977459633809502011-11-04T16:15:00.001-07:002011-11-04T16:15:47.476-07:00

THE Australian sharemarket has opened almost half a per cent higher. At 10.10am (AEDT) today, the benchmark S&P/ASX200 index was up 19.6 points, or 0.47 per cent, at 4204.2, while the broader All Ordinaries index was up 19.2 points, or 0.45 per cent, at 4270.5. On the ASX 24, the December share price index futures contract was up 28 points at 4197, with 9725 contracts traded.

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-15864953267173384262011-11-03T16:17:00.001-07:002011-11-03T16:17:04.179-07:00

SHARES in ANZ Banking Group fell more than two per cent in opening trade after the Melbourne-based lender posted record statutory and cash profits that were in line with market expectations. By 10.24am (AEDT) ANZ's stock had dropped 43 cents, or 2.06 per cent, to $20.47, amid falls of at least 0.7 per cent among its banking rivals. ANZ statutory net profit jumped 19 per cent to $5.355 billion

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-15547154362263949312011-11-02T16:14:00.001-07:002011-11-02T16:14:45.132-07:00

EUROPEAN stockmarkets have closed higher after massive losses the previous day as investors waited for key meetings between EU and Greek leaders on Athens' shock plan to put its latest debt rescue to a referendum. The referendum announcement on Tuesday plunged the markets into turmoil, with some bourses posting losses of 5.0 per cent or more on fears a No vote would leave the EU back at

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-40005595123464171512011-11-01T16:17:00.001-07:002011-11-01T16:17:27.753-07:00

THE Australian market looks set to open lower. At 6.21am (AEDT) today, the December share price index futures contract was down 51 points at 4180. In economic news today, the Australian Bureau of Statistics releases its building approvals for September data. In equities news, Westpac Banking Corporation full year results. In Australia, the market on yesterday fell 1.5 per cent, as weakness

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-9802343136720272212011-10-31T16:34:00.001-07:002011-10-31T16:34:10.010-07:00

THE Australian share market has ended another volatile month on global stock markets by posting the biggest one-month gain in two years. That was even after today's 1.2 per cent slump, and analysts say the volatility is likely to continue. The 7.1 per cent gain in the All Ordinaries between September 30 and October 31 was the largest rally since July 2009, when the market rose 7.6 per cent as

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-18491707511913789292011-10-30T16:27:00.001-07:002011-10-30T16:27:12.998-07:00

AUSTRALIAN shares have recovered the lost ground from the Greek debt crisis, adding $57 billion in value over the past week to close at their strongest levels since August 2. Continuing offshore market euphoria over the debt deal with Greece propelled the Australian market over the week back to the level it was before the eurozone crisis unfolded in early August. But the market took a breather

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-9072192244459195022011-10-29T15:17:00.001-07:002011-10-29T15:17:59.137-07:00

THE Australian sharemarket has opened up more than one per cent off the back of strong performances in overseas markets overnight. The announcement that European leaders had agreed on a plan to reduce Greece's debt and provide it with more rescue loans fuelled global market growth yesterday and pushed the Australian market up 2.5 per cent in two hours of trade. IG Markets market analyst Cameron

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-70179676540406419512011-10-28T15:14:00.001-07:002011-10-28T15:14:32.832-07:00

QANTAS chairman Leigh Clifford says the airline has not had any takeover approaches from private equity firms. Mr Clifford also said that other Australian icon businesses were not restricted by foreign ownership caps. At the company's annual general meeting in Sydney today, chief executive Alan Joyce said Qantas had no choice but to reject the unions' current demands. Mr Joyce also said that

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-37660749715774061262011-10-27T15:14:00.001-07:002011-10-27T15:14:24.228-07:00

US stocks have soared on opening after EU leaders finally agreed a plan to contain the Greek debt crisis and US third-quarter GDP growth came in at 2.5 per cent, stanching recession fears. The Dow Jones Industrial Average was up 242.30 points, or 2.04 per cent, to 12,111.34 after about 15 minutes of trade overnight. The broad-based S&P 500 jumped 31.13 points, or 2.51 per cent, to 1273.13,

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-68922851073278494912011-10-26T15:22:00.001-07:002011-10-26T15:22:28.954-07:00

EUROPEAN stock markets have closed narrowly mixed in choppy trade as investors waited in hope that a make-or-break EU summit will deliver a solution to the eurozone debt crisis. Dealers said there were persistent concerns that EU leaders will not come up with the comprehensive package they have promised in order to tame a crisis that now appears to threaten the whole euro project and the global

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-68424269374045563012011-10-25T15:22:00.001-07:002011-10-25T15:22:02.345-07:00

THE Australian market is set to open lower today due to doubts European leaders will agree on a package to resolve Europe's escalating debt crisis. Wall Street and European markets fell overnight due to reports key parts of the rescue package may not be ready in time for a leaders' summit tomorrow in Europe. At 7.05am (AEDT) today, the December share price index futures contract was down

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-2135994790503294432011-10-24T15:16:00.001-07:002011-10-24T15:16:49.284-07:00

THE Australian share market closed marginally lower today, as early gains were erased ahead of the European summit. The benchmark S&P/ASX200 index fell three points, or 0.07 per cent, to 4141.9 points, while the broader All Ordinaries index finished 3.4 points lower at 4203.4 points. On the ASX 24, the December share price index futures contract was up eight points at 4156 points. The

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.com