Market At Midday On Wednesday
The ASX 200 is down 0.3 percent – held back by heavy falls in the mining and energy stocks.
Read MoreThe ASX 200 is down 0.3 percent – held back by heavy falls in the mining and energy stocks.
Read MoreAs expected the Commonwealth Bank (CBA) boosted its interim cash net profit to a record level and will pay a record interim dividend as well.
Read MoreUS sharemarkets rose on Tuesday in line with Europe on hopes for a Greek debt deal. Earnings also remain positive. Thomson Reuters data shows that 73% of S&P 500 companies have topped earnings expectations.
Read MoreReports on the economies of China and Australia yesterday give us an opportunity to make a couple of points about the current health of both.
Read MoreThe market noted the solid improvement in interim profit for hearing implants maker Cochlear (COH) in the six months to December, but also noted the board’s hesitation in restoring to the high level paid out a year earlier.
Read MoreNo wonder Bradken (BKN) won’t be paying an interim dividend for 2014-15 – the company’s finances worsened in the six months to December as weak trading conditions and the impact of a restructuring program hit home.
Read MoreThe ASX 200 has fallen for a third straight session, held back by heavy falls in the mining and energy sectors.
Read MoreThe surprise RBA cash rate cut last week reminds us that we operate in a global market. The RBA considered that the Australian dollar was too high and, to try and bring it down, cut the cash rate when domestic indicators alone suggested it was at a reasonable level.
Read MoreHow often do you as a member of the investing public feel that a price of a security is falling or rising because you fear or suspect that someone knows more than you?
Read MoreThe ASX 200 is down 0.5% weighed down by falls from the financial sector. Energy stocks have lost early gains, with the sector down 0.4%.
Read MoreUS sharemarkets fell on Monday. Increased tensions over Greek debt and weaker Chinese trade data were the main drivers. The lift in the oil price helped curtail the losses for the broader market, with the S&P energy index rising by 0.2%.
Read MoreA better result emerged from the booming home building sector from AV Jennings (AVJ) which reported a 42% jump in interim net profit to $11.9 million.
Read MoreCrunch went the shares yesterday in small mining services company Coffey International (COF). It will be the first of what will be a long line of miserably bad results from the sector.
Read MoreProtective equipment maker Ansell (ANN) is looking for new buys after reporting that its half-year net profit rose by just over a third to $US87.7 million ($A113 million) for the half year to December 31.
Read MoreOn February 28, investor/fans of Warren Buffett will get three annual letters for the price of one, along with the quarterly and annual reports for Berkshire Hathaway.
Read MoreInvestor sentiment was dampened today by concerns about Greece and its standoff with creditors. Most sectors finished weaker, with only the Property Trusts and Consumer Discretionary sectors gaining.
Read MoreThe ASX 200 is down 0.3% held back by falls in the materials and financial sectors. Energy stocks are gaining following a recovery in world oil prices.
Read MoreAfter the share price futures trading over the weekend, our market will start steady to slightly higher this morning as it seeks to extend the biggest bull run for 15 years.
Read MoreGoldbugs received a timely reminder on Friday night, our time, that the price of the metal is more tied to the strength of the US economy and greenback than any other factor, while oil prices again surged in the wake of the tremendously strong US jobs report for January (and the revisions going back to November) which saw a total of half a million new jobs reported for the three months.
Read MoreAfter the Liberal Party leadership meeting this morning and the fallout, it will be time for everyone to focus on the real issues – the economy and corporate earnings.
Read MoreThe January trade figures from China are a stunner – an unexplained near 20% slide in imports and exports down 3.3%, as it appeared the most important economy for Australia had experienced a sharp slide in the level of demand and economic activity.
Read MoreUS sharemarkets ended modestly lower on Friday. While financials rose, a stronger greenback weighed on export-focussed companies. And some investors fretted about higher interest rates. Dow Jones fell by 60 points or 0.3%, S&P 500 index also lower.
Read MoreThe market’s 12-session rally has come to an end with the ASX 200 slipping 0.1%. The Health Care sector was the best performer, rallying 1.9%.
Read MoreThe local share market is trading higher for a 12th straight session – its longest winning streak in more than a decade.
Read MoreUS sharemarkets rallied on Thursday as the lift in the oil price boosted energy shares. The S&P energy index gained 1.4%. M&A activity in the pharmaceutical space lifted sentiment. Pfizer (up 3.2%) said it would buy Hospira Inc, (up 35%.
Read MoreEngineering and construction group Downer EDI (DOW) has lifted interim dividend by one cent a share to 11 cents for the December half year, despite reporting a slide in earnings and warning that the outlook for the mining sector remains challenging (as Macmahon Holdings also warned).
Read MoreNational Australia Bank (NAB) shareholders weren’t all that convinced, but the rest of the sector was by the first quarter trading update.
Read MoreShares in finance company Flexigroup (FXL) jumped 14% yesterday after the company reporting a solid 9% rise in interim earnings, thanks in part to the strong New Zealand economy.
Read MoreConstruction and mining services group Macmahon Holdings (MAH) continues to shower bad news on the market, with news of multi-million dollar losses in asset impairments yesterday – a move that is likely to be the first of many similar reports from the myriad companies servicing the resources sector.
Read MoreThe ASX 200 has finished up 0.2% after failing to hang on to early gains. The energy sector was the standout, rising by 0.7%.
Read MoreThe “surprise” decision by the Reserve Bank of Australia to cut interest rates this week has mixed implications for the overall equity market outlook. But it does re-affirm two key themes I have been emphasising for the past year – go for yield and companies with offshore earnings exposure.
Read MoreEmerging tungsten producer that’s focused on commercializing and developing its advanced Watershed tungsten project in northern Queensland – one of the world’s largest undeveloped tungsten deposits.
Read MoreSome global bond funds and Australian fixed interest funds had fairly impressive performances in 2014, causing more interest rate securities investors to wish to explore the managed funds area more.
Read MoreUS sharemarkets fell sharply in the last 20 mins of trade on Wednesday, after the ECB rejected Greek bonds as collateral. Walt Disney (up 7.6%) kept the Dow positive.
Read MoreOil’s four day boomlet vanished overnight as the usual weekly reports on US production and stocks revealed a faster than forecast (optimistically) build up in inventories to a new 80 year high for this time of year. The news saw oil prices slump by up to 8% in US and European trading and spillover into early dealings in Asia this morning.
Read MoreShares in Echo Entertainment (EGP) eased more than 2% yesterday, despite the big rise in the wider market, after the casino group revealed a solid rise in interim profit and a lift in dividend.
Read MoreSo why did Nufarm (NUF) need a trading suspension to allow it to handle the reporting of the depature of long time CEO Doug Rathbone?
Read MoreInvestors cheer prospect of another interest rate cut with the ASX 200 gaining 0.6%, boosted by strong gains from the major banks.
Read MoreThe ASX 200 is down 0.2% weighed down by heavy losses in the energy and materials sectors.
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