Thursday At The Close
The local sharemarket has notched up a sixth straight day of gains with the ASX 200 rising by 0.3 percent. The energy sector prevented the market from climbing even higher, slumping 1.6 percent.
Read MoreThe local sharemarket has notched up a sixth straight day of gains with the ASX 200 rising by 0.3 percent. The energy sector prevented the market from climbing even higher, slumping 1.6 percent.
Read MoreThe impact of a strong US dollar on corporate earnings and the impending Federal Reserve decision. Shares in Microsoft fell by 9.3% in response to its earnings result. The blizzard in the US north-east crimped trading volumes.
Read MoreAfter the second worst day of trading this year when safe utility stocks proved to be the only area of interest for investors made nervous by the growing trend of weak earnings results in the US and offshore, Apple proved that it was still capable of surprising on the upside when it reported after hours that its December quarter earnings jumped 38% to a new high.
Read MoreA miserable day yesterday for most commodity stocks, despite the rise in the wider market.
Read MoreOnce again the monthly survey of business conditions and confidence from the National Australia Bank has produced a mixed report – further emphasising that the surprise surge in the survey last October was a one off.
Read MoreA nasty downgrade for the already struggling toy, sporting goods and confectionery distributor Funtastic (FUN) which is again forecasting another blob of red ink in its accounts.
Read MoreThe benchmark ASX200 added 5.6 points or +0.10% on volume of $4.20 billion to close at 5552.8 on Wednesday.
Read MoreLocal shares have improved for the fifth day with the ASX 200 Index edging higher by 0.1%.
Read MoreA New Year, volatile financial markets and increased geopolitical tensions will mean many of you are reassessing your portfolio allocations. Do you have enough defensive assets? Is the mix right to meet your objectives? We take a look at the best value bonds right now.
Read MoreThe ASX 200 is recovering from early weakness on Wednesday helped by improving mining and energy stocks. Firmer than expected underlying inflation numbers have seen the Aussie dollar surge by 1 US cent.
Read MoreLocal shares have kicked off this holiday shortened trading week a little firmer. The Australian market surged by 3.6% last week; making it the best week in three years for the ASX 200.
Read MoreUS sharemarkets fell at the start of trade but quickly rebounded to be mixed in afternoon trade. Trading volumes were weak in New York ahead of a major blizzard that will clear all traffic from roads except emergency vehicles.
Read MoreGlobal markets survived the initial impact of the win in Sunday’s Greek election by the leftwing anti bailout Syriza party, and its alliance in government with its rightwing counterpart.
Read MoreInflation in Australia, US 4th quarter and 2014 economic growth and the vital first meeting for 2015 of the US Federal Reserve will dominate markets here and offshore in this short week (for Australia).
Read MoreThe Australian economic debate recommences this week after a few mild skirmishes over early January about the impact of lower oil and petrol prices.
Read MoreIt’s the start of a full reporting week for oil companies large and small from the sharp fall in prices.
Read MoreThe S&P/ASX200 added 45.4 points or +0.82% on Tuesday with volume of $4.63 billion to end the session at 5547.2.
Read MoreThe ASX 200 ended at session highs despite sizeable losses for mining and energy stocks which were the only 2 ASX sectors that ended in the red.
Read MoreNote: This article was originally published on Oliver’s Insights on January 21 2015 and has been republished with permission from the original author.
Read MoreAmcor (AMC) chief executive Ken Mackenzie will step down after ten years in the job during which time he steadied the company in the wake of the GFC, then split it to achieve operating and geographic efficiencies through the spin-off of some of its Australian and Asian businesses into Orora Ltd (ORA), and generated more than $8 billion of extra value for shareholders.
Read MoreShares in both the Skilled Group (SKE) and Programmed Maintenance Services (PRG) fell yesterday after Skilled rejected Programmed’s takeover offer.
Read MoreShares rose and currencies wobbled as the European Central Bank followed the US Fed and the Bank of Japan in heading down the quantitative easing route.
Read MoreS&P/ASX200 gained 81.9 points or +1.49% on volume of $4.03 billion, closing at 5501.8.
Read MoreThe ASX 200 has finished up 1.5%, boosted by strong gains in the energy and materials sectors. Investor sentiment was lifted after the ECB announced a widespread stimulus plan overnight.
Read MoreArrium Limited (ARI) has joined the growing list of write downs in the Australian iron ore industry, revealing cuts totalling a net $1.3 billion in a statement to the ASX on Friday morning and cuts to spending for 2015 and beyond.
Read MoreThe local share market is rallying with every sector trading in positive territory, after the European Central Bank announced a massive stimulus program overnight.
Read MoreNote: This article was originally published on Oliver’s Insights on January 15 2015 and has been republished with permission from the original author.
Read MoreThe local sharemarket is trading stronger again today, buoyed by a rebound in commodity prices. The energy sector is the best performer, rising 2.5%.
Read MoreBHP Billiton’s (BHP) US oil and gas cuts naturally dominated business news yesterday. So a much smaller hacking and slashing by oil and gas tiddler, Senex Energy (SXY) was overlooked by most investors.
Read MoreThings have gotten worse for the troubled education and training group Vocation (VET) which yesterday suspended its shares from trading on the ASX and prepared to meet its bankers.
Read MoreThe continuing slide in oil and gas prices (especially in the US where gas prices fell 9% this week on mild winter weather) has overshadowed the usually headline grabbing iron ore operations of BHP Billiton (BHP) in its December quarter production and sales report.
Read MoreFirst it was nickel, now gold, for Sirius Resources (SIR) which continues to reveal intriguing exploration results in WA.
Read MoreS&P/ASX200 gained 26.5 points or +0.49% on volume of $4.20 billion, closing at 5419.9.
Read MoreThe local share market has climbed 0.5 percent today – lifted by a strong gains in the energy and materials sectors.
Read MoreIt is a well-known fact that Australians love to invest in shares and property, often to the exclusion of other asset classes. Depending on market dynamics, this can be a costly proposition and not one that delivers the best risk-weighted returns.
Read MoreNice start markets boosted by lift in food and drink retailers, miners and lift in consumer sentiment result.
Read MoreThere is a very real chance that China’s crude steel production – one of the vital indicators that Australian economists, governments and investors, not to mention iron ore producers need to watch closely – could stall and fall this year.
Read MoreThe market loved the better than expected interim results from GUD Holdings (GUD) as the company showed that the big slide in first half earnings a year ago was well behind it.
Read MoreHard on the heels of China reporting its weakest economic growth in 24 years, the International Monetary Fund has forecast a further slide in GDP this year and in 2016 for Australia’s biggest trading partner.
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