Wednesday’s Gainers & Losers
The XJO added 85.7 points or +1.59% on volume of $4.20 billion on Wednesday to end the session at 5393.4.
Read MoreThe XJO added 85.7 points or +1.59% on volume of $4.20 billion on Wednesday to end the session at 5393.4.
Read MoreThe Australian stock market lifted again today, helped by solid gains in banks and mining stocks. The Aussie dollar also lifted against the US dollar, Euro and the NZ dollar after Bank of Japan surprised market by cutting its inflation forecast.
Read MoreThe current stoush between ‘Sheikh and Shale’ (as The Economist has brilliantly described it) presents the ideal opportunity for an examination of the economics (or otherwise) of shale oil production. I’ve been a long-time skeptic of the hype surrounding shale oil, as it’s high prices over the past few years that have made shale oil viable.
Read MorePicking the winning asset classes on a yearly basis is a tough gig. Last year there were some surprising winners and losers.
Read MoreOn the eve of China revealing is worst quarterly GDP growth figures in 24 years later today, the country’s sharemarket has sold off heavily after regulators cracked down on the popular margin trading activities of some of the countries major brokers.
Read MoreAustralian Foundation Investment Company (AFI) has met guidance for a lift in interim dividend, after a modest 4.7% rise in underlying interim earnings.
Read MoreMacquarie Group (MQG) shares jumped more than 5% yesterday after a surprise boost to its full year profit forecast.
Read MoreMore bad news ahead from troubled education services provider, Vocation (VET).
Read MoreS&P/ASX200 lost 1.4 points or -0.03% on volume of $3.65 billion, closing at 5307.7.
Read MoreThe local share market was held back by heavy losses in the energy sector. It did manage to regain some earlier losses, following the release of better-than-expected Chinese GDP data.
Read MoreThe local sharemarket is trading weaker, erasing yesterday’s gains as investors await the release of Chinese GDP data.
Read MoreA slightly calmer ending to the week for commodities with oil showing signs of steadying, gold and sliver were stronger overall, copper gained and other metals were supported by investors.
Read MoreThe local sharemarket is looking at a 1% plus jump at the opening this morning after Wall Street ended last week on an up note.
Read MoreIt’s been a tough Christmas New Year period for the oil and gas sector – following on from the tough past year for miners.
Read MoreThe next few weeks will see an outbreak of ‘earnings honesty’ as companies large and small try to soften the blow to investor confidence from lower revenue growth, weak or lower earnings and lower or stalled dividends, as well as big asset impairments in the energy and mining sectors, and in other sectors, such as the broadcast and print media and perhaps retailing.
Read MoreThe ASX 200 has finished up 0.2 percent – close to the day’s lows – after china imposed strict curbs on margin lending at several brokerages, sending the Chinese share market down about 6 percent.
Read MoreThe S&P/ASX200 added 9.9 points or +0.19% on volume of $3.65 billion on Monday to close at 5309.1.
Read MorePositive day boosted by Chinese confidence and a lift in metal and oil prices.
Read MoreThe ASX 200 is off 0.6 percent following a weak lead from Wall Street. Healthcare stocks are the worst performers, with the sector tumbling 3.2 percent.
Read MoreThe ASX 200 has slumped for a fifth straight day amid global worries about Switzerland’s decision to scrap its Euro peg. The Healthcare sector was the worst performer, dropping 2.9 percent.
Read MoreEmployment rose by 37,400 in December to record highs after rising by 44,900 in November (consensus forecast was for a 5,000 lift in jobs in December).
Read MoreNote: This article was originally published on Oliver’s Insights on January 8 2015 and has been republished with permission from the original author.
Read MoreThe market is again being hurt by steep falls in the materials sector and a negative lead from Wall Street. US stocks softened overnight after the release of worse-than-expected retail sales data.
Read MoreThe ASX 200 is flat at mid-session following a weak lead from Wall Street and falls in iron ore and oil prices. The materials sector is the biggest drag on the market, down 0.9 percent.
Read MoreSelling accelerated in the afternoon with the ASX 200 finishing the session down 0.9 percent. The materials sector suffered the heaviest falls, dropping 2.6 percent, as commodity prices continued to retreat.
Read MoreThe downbeat outlook for the economy as reflected in this past week’s Mid-Year Economic and Fiscal Outlook suggest the Reserve Bank of Australia may well cut interest rates in the New Year – despite the recent declines in the Australian dollar.
Read MoreAs our banks head into 2015, they have a new cost investors might not be aware of – more than $400 million a year for what’s effectively an insurance premium charged by the Reserve Bank as part of a unique liquidity backstop for the banks and the financial system in the event of a repeat of funding freeze seen in the GFC in the last quarter of 2008.
Read MoreThe ASX 200 is again being supported by strong gains in the mining and energy sectors.
Read MoreThe Janet Yellen-inspired Santa Rally on world stockmarkets continues. Remember how markets, led by Wall Street swooned and fretted at every mention of the US Federal Reserve slowing its huge easing program – Taper Tantrums was the description given by nervy investors, frightened the central bank would be taking the punch bowl away.
Read MoreDulux (DLX) has again told shareholders they can expect a lift in earnings for the current financial year.
Read MoreThe most important indicators from the sluggish Chinese economy, so far as the Reserve Bank is concerned, are the monthly reports on house price movements and house sales.
Read MoreBorn again agribusiness, Elders (ELD), is confident the years of struggle, losses and almost continual restructuring are behind it.
Read MoreFlight Centre (FLT) shares took flight yesterday and sank nearly 9% after the company formalised what many investors had been waiting for – a profit downgrade.
Read MoreThe gains on Wall Street helped boost the local market with every sector finishing firmly in positive territory.
Read MoreIt’s a tough business, making share calls, especially in a difficult sharemarket for small to mid-cap stocks. The less said about the likes of Vocation, Titan Energy Services, NewSat or SmartPay the better. But it would be a truly rotten market is nothing was going for you – and I have had some ‘hits’ this year. Here are the highlights.
Read MoreEvery sector is trading stronger, after the S&P 500 enjoyed its best one day performance this year.
Read MoreWatch for a big pop in the ASX 200 this morning after the US Fed meeting changed its outlook on interest rates to bring forward a rise into mid-2015.
Read MoreTrading in Leighton Holdings (LEI) shares will resume today after the company finalised the joint venture sale of half of its services business.
Read MoreThe mooted merger between Amcom Telecommunications (AMM) and Vocus Communications (VOC) was revealed yesterday after more than a month of talk and speculation.
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