Market At Midday On Friday
Local stocks flat ahead of key U.S. jobs report later this evening. Macquarie Group is in the red following earnings and Myer is slumping due to sluggish sales.
Read MoreLocal stocks flat ahead of key U.S. jobs report later this evening. Macquarie Group is in the red following earnings and Myer is slumping due to sluggish sales.
Read MoreLocal stocks recover from a shakey start to trade at session highs at lunchtime on Monday
Read MoreThe ASX200 ended close to session highs on Wednesday helped by Chinese GDP figures. Every sector measured by the ASX ended higher.
Read MoreLocal stocks have started the session on a solid footing thanks to a rebound for US stocks overnight. Mining stocks are in focus on the back of production reports.
Read MoreLocal stocks ended with a solid gain although off the best levels of the session on Tuesday.
Read MoreThe All Ordinaries Index (XAO) slumped 1.29 per cent; finishing below 5400 points for the first time in two weeks and recording its biggest daily tumble in a month. Investors are likely to remain a little quiet this week due to the shortened Easter trading week.
Read MoreSellers have taken the initiative on Monday in the wake of selling on Wall St at the weekend.
Read MoreFlat trading has dominated the early session for local stocks on Friday as investors await key jobs data from the US.
Read MoreLocal stocks struggled to advance today as investor anticipated the release of US data in coming days.
Read MorePoor news from Goodman Fielder (GFF) and Noni-B (NBL) has seen early gains for the ASX 200 trimmed.
Read MoreLocal stocks have started the new trading week with solid gains, every sector measured by the ASX is trading higher at lunchtime.
Read MoreThe ASX 200 started the day just in negative territory, although it drifted higher over the afternoon on Friday to finish within sights of the best levels of the day. The ASX 200 has gained just over 0.5% in the last 5 days.
Read MoreThe index traded down by 7 points at the low of the day and was ahead by the same amount at its best. There has been little on offer to motivate buyers or sellers alike in terms of corporate news.
Read MoreSellers returned to the ASX on Thursday with miners getting the most attention. A turnaround for banks helped the market recover from session lows.
Read MoreThe ASX 200 consolidated on its early gain gains to finish with in sight of session highs on Wednesday. Banks and Miners led the way. The government announced the sale of Medibank with an IPO expected in the 2014/15 financial year.
Read MoreBuyers have returned to the local sharemarket on Wednesday with every ASX sector trading higher at lunchtime led by the miners.
Read MoreThe ASX 200 spent the afternoon recovering from the lows of the session which were seen in early trade. Miners were a part of the improved tone in the afternoon with BHP and RIO leading gains for the sector.
Read MoreAussie market under pressure: banks and retail lower. gold stocks hit by slump in gold overnight. Premier investments stronger.
Read MoreBanks and retail stocks under pressure while the miners lift. Kathmandu (KMD) higher on strong sales.
Read MoreThe ASX 200 showed resolve to end higher despite weaker data out of China. Financial stocks were encouraged by a profit upgrade from Macquarie Bank.
Read MoreLocal stocks have consolidated in early trade on Friday following the losses inspired by the US Fed on Thursday.
Read MoreThe ASX 200 continued its recovery on Friday afternoon to finish at the best levels of the session helped by gains for the bulk miners. Over the course of the week the ASX 200 has gained 0.16%.
Read MoreThe possibility of US interest rates rising sooner than expected pushed local stocks lower on Thursday with sellers concentrating on the resource sector which was the worst performing sector on the day.
Read MoreThe ASX 200 ignored overnight gains on Wall St with sellers getting the edge in early trade, although at lunchtime the market had recovered to be flat.
Read MoreBuyers returned to the Australian sharemarket on Tuesday after recent selling. DJS shares rose after the retailer indicated it was open to the idea of a merger with MYR. Gold stocks fell after the yellow metal retreated from 6 month highs.
Read MoreSellers keep the edge, after weak closes in the US and Europe on Friday night Australian markets still under pressure. No confirmation of the winners of the Crimea vote and pressure on the banks.
Read MoreSellers gained in confidence on Friday in the wake of weaker than expected economic news from China. The ASX 200 shed 1.5% on Friday, taking losses for the week to 2.4%
Read MoreSellers drove the market lower in early trade, although miners attracted some buying in the early afternoon which saw the ASX200 close off the worst levels of the day.
Read MoreSellers have pressed their claims in early trade on Monday focusing attention on the mining sector. Commodity prices have eased thanks to a rising US dollar, whilst weaker Chinese trade data at the weekend have a cast a pall over the price of iron ore.
Read MoreSydney Airport has announced a 7.3% increase in earnings before interest, tax, depreciation and amortisation to $910 million from $848 million previously. The result was ahead of the market’s expectations which centred on EBITDA of $895 million.
Read MoreInternet service provider iiNET (IIN) has announced that net profit after tax for the six months ended December 31, 2013 fell by nine per cent to $29 million.
Read MoreMining and materials group Arrium has reported a strong rise in underlying profit of 294% to $201 Million reflecting the recent transformation.
Read MoreTransurban Group (TCL) reported an interim net profit of $80.9 million in the six months to the end of December 2013. This was essentially flat compared to profit posted the same time last year.
Read MoreCopper and gold miner Oz Minerals has posted a net loss of almost $300 million compared to a $152 profit previously. OZL announced a final dividend of 10 cents per share and that the board has commenced a search for a new CEO.
Read MoreMinus a lead from Wall St overnight the local market closed softer Friday with the S&P/ASX200 index off 14.3 points, or 0.27%, at 5,320.0, while the broader All Ords index was down 12.3 points, or 0.23%, to 5,314.3.
Read MoreGroundhog day with more records overnight on Wall St, the local market unable to hold onto the highs of the session, more economic data surprising to the upside and more developments in the Victorian cheese war.
Read MoreAfter a fairly meek lead out of Wall St the local market has closed softer today with the benchmark ASX200 index down 25.7 points, or 0.48%, at 5,324.9. The wider All Ords index was down 24.1 points, or 0.45%, at 5,332.9.
Read MoreAfter the Dow closed above 16,000 for the third day straight the local market followed suit today closing slightly higher, helped by gains by the big four banks.
Read More