Friday At The Close
The market has ended the session unchanged on Friday. The energy sector surged 1.9%, while Healthcare stocks were the worst performers, slipping 0.4%.
Read MoreThe market has ended the session unchanged on Friday. The energy sector surged 1.9%, while Healthcare stocks were the worst performers, slipping 0.4%.
Read MoreThe best performing region this year has been Europe as the European Central Bank has embarked on its own quantitative easing program. The bond buying program will last until September 2016 with the aim of reflating the European economy and stimulating demand.
Read MoreOrinoco Gold (ASX: OGX, Share Price: $0.087, Market Cap: $15m) is an emerging gold producer that we’ve been looking to introduce to our Portfolio for some time, based on its outstanding Brazilian project fundamentals. A catch-up at the Resources Round-up in Sydney with management provided reassurance and the perfect opportunity to introduce the stock to readers last week as a Spec Buy around $0.072 – with the stocks already up 21% on our buy-in price.
Read MoreNote: This article was originally published on Oliver’s Insights on May 20 2015 and has been republished with permission from the original author.
Read MoreSo what will Australian stockmarket today after another mixed day’s trading here yesterday and on Wall Street overnight, especially with the US Federal Reserve ruling out a June rate rise?
Read MoreWesfarmers’ (WES) shares fell 0.7% yesterday after the market started digesting a huge strategy package for the next year or so released at the company’s annual investor day.
Read MoreInfrastructure and environmental services group Cardno (CDD) joined the lengthening list of mining and related services companies in downgrading their guidance and revealing write downs.
Read MoreSo is Japan’s economy recovering more strongly than expected? At first glance the 2.4% annual growth rate revealed yesterday would tell us ‘yes’.
Read MoreUS sharemarkets held in tight ranges on Wednesday as investors dissected minutes from the last Federal Reserve meeting. The Dow Jones held in a 78 point range over the session and ended lower by 27 points or 0.2%.
Read MoreThe ASX 200 has climbed 0.9% today with every sector improving. Healthcare stocks were the standout, with the sector rallying 2.1%.
Read MoreDownload related file: Direct Bonds Lists 20150521 1145.pdf
Read MoreThe ASX 200 is up 0.8% with every sector trading in positive territory, helping the market recover some recent losses after a three-day slump.
Read MoreThe ASX 200 has fallen 0.4%, weighed down by heavy falls in the mining and energy sectors which are both almost 2% weaker at mid-session.
Read MoreA rising US dollar hit commodity prices hard overnight. Iron ore, gold, copper, silver and oil prices all fell as the greenback jumped sharply.
Read MoreThe market went south yesterday and the shares in BHP spin-off South32 (S32) went north at a great rate of knots as Monday’s nervous nellies turned into Tuesday’s pack of bulls.
Read MoreBega Cheese (BGA) shares fell 5% at one stage yesterday after the company downgraded its earnings outlook for the year to June 30, joining the NZ giant Fonterra (FSF) in recognising the impact of the slide in global dairy product prices in the past year.
Read MoreExplosives and mining services group Orica (ORI) yesterday bowed to the inevitable and made acting CEO and former board director Alberto Calderon the company’s full time leader to replace Ian Smith who left in somewhat clouded circumstances in March.
Read MoreUS sharemarkets were mixed in a volatile session on Tuesday. The weakness in oil prices weighed on energy stocks, with the sector losing 1.3%. Wal-Mart lost 4.1% and was the biggest drag on the Dow and S&P 500
Read MoreMining and energy stocks were the biggest drags on the market today, closing down 1.6% and 1.3% respectively. Healthcare stocks were the best performers, gaining 1.5%.
Read MoreInvesting directly or through managed bond funds has advantages and disadvantages; just like investing in shares, the decision depends upon the individual. While my preference is direct investment, there are times when choosing a fund manager to look after your bonds makes sense.
Read MoreMany of us would like to assume that we are in control of the timing of our eventual retirement.
Read MoreTeenagers can be a worry – just ask any parent. But when it comes to understanding all things financial, today’s teenagers have to deal with a much more complex and in many ways less tangible world.
Read MoreThe ASX 200 is down 0.5%, held back by heavy falls in the materials and energy sectors. Healthcare stocks are bucking the trend, with the sector up 0.4%.
Read MoreBusy times for Rio Tinto (RIO) – while fighting off the silliest idea for a while from an Australian government – the Tony Abbott supported inquiry into iron ore – the giant miner has also put around $US1 billion of Australian and NZ based aluminium, alumina and bauxite assets on the market (again) and this morning revealed it had overcome a major hurdle to the expansion of its huge copper project in Mongolia.
Read MoreAs expected, the bottom line of paint maker DuluxGroup (DLX) took a hit in the six months to March after the company had revealed plans for a revamp of its manufacturing and distribution chain along the eastern seaboard.
Read MoreShares in rural services group, Elders (ELD) rose nicely yesterday after the company confirmed it was prospering after years of near death experiences from crushing debt, inefficient businesses and a weak and unwieldy structure which took a long time to clean up.
Read MoreBHP Billiton’s (BHP) spin off South32 (S32) has joined the ASX with a market capitalisation of $10.9 billion at the close of trading yesterday, with the shares weaker at $2.05 after a wave of selling pushed them lower in afternoon trading.
Read MoreAccording to Reserve Bank Deputy Governor Phil Lowe, the trend of companies returning more cash to shareholders through higher dividends and share buybacks could be self-defeating, leading investors and savers to a situation where their returns are lower because of the current global trend to low interest rates. His warning should have special resonance in Australia.
Read MoreUS sharemarkets ended with modest gains on Monday. Shares in Apple rose by 1.4% after billionaire investor Carl Icahn said the stock was ‘still dramatically undervalued’. The Dow Jones rose by 26 points or 0.1%.
Read MoreThe ASX 200 has slipped 0.77% to close near the day’s lows. Almost all sectors edged lower, led by Consumer Staples, which lost 1.89%.
Read MoreThe slide in US oil and gas drilling seems to be coming to an end as the number of active rigs being taken out of work slows by the week.
Read MoreCentral bank minutes of recent meetings and a decision on an interest rate move will headline the week’s data flow and events around the world.
Read MoreThe Australian stockmarket is heading for a flat opening this morning and it wouldn’t surprise if the markets then edge lower after the less than cheery end to trading on Wall Street at the weekend.
Read MoreFor Warren Buffett and his investment managers at Berkshire Hathaway, it was more of the same in the three months to March, according to an investment report filed with the US Securities and Exchange Commission on Friday night, our time.
Read MoreUS sharemarkets ended largely flat on Friday but the broader S&P 500 ended at a record high for a second straight day. Traders mulled weaker economic data and a weaker greenback.
Read MoreThe ASX 200 has closed down 1.3% weighed down by heavy falls in the financial sector and a 7% plunge in BHP shares as its spin-off South32 debuted on the market.
Read MoreThe ASX 200 is down 0.5%, losing some of last week’s gains amid falls in the financial sector.
Read MoreIronbark Zinc (ASX: IBG, Share Price: $0.12, Market Cap: $51m) is the first pure zinc exposure that we have incorporated into our Portfolio since we began way back in December 2010. The rationale for this has been quite clear – zinc has until recently been a poor-performer from a pricing perspective – hence there has been no sound reason to this point to recommend zinc equities. Nevertheless, we have covered zinc extensively from a sector perspective and we have consistently highlighted the looming supply gap that would emerge. We are now approaching a critical point in terms of declining supplies from existing zinc sources, which we believe justifies the introduction of a world-class emerging zinc producer.
Read MoreThe ASX 200 is up 0.5%, regaining all of yesterday’s losses. Most sectors are trading in positive territory, with the miners and consumer related stocks leading the gains.
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