Monday’s Gainers & Losers
Another soft day with the ASX200 giving up 32.8 points or -0.64% on volume of $3.7 billion, closing at 5155.5.
Read MoreAnother soft day with the ASX200 giving up 32.8 points or -0.64% on volume of $3.7 billion, closing at 5155.5.
Read MoreSharemarket finishes in the red for the fifth time in the past six sessions.
Read MoreMarc Andreessen recently lamented the death of the IPO in the United States, blaming over regulation and short sellers as the reason why the general public no longer gets to share in the spectacular capital returns that earlier technology stocks like Microsoft and Amazon delivered.
Read MoreBut, but…Janet Yellen said that interest rates weren’t going up for ages…
Read MoreLocal sharemarket extends Friday’s losses with the All Ords -0.6% at mid-session.
Read MoreAll Ords fall 1.6% to 5209.1 points at a fresh 8 month low.
Read MoreWelcome to the new normal for markets here and offshore for the next short while – rising volatility as the Fed moves to end its third round of quantitative easing. Investment banks, hedge funds and other speculators will love the rise in unpredictability in markets, small investors will be powerless.
Read MoreThe National Australia Bank (NAB) supported its share price yesterday, and those of other banks, by undertaking to boost dividend payout to shareholders despite revealing a shock 14% fall in 2013-14 profit because of another bout of write-downs in the UK and Australasia totalling just on $1.3 billion.
Read MoreInvestors chased the shares of the Bank of Queensland (BOQ) higher yesterday as they ignored the underlying realities of what was a solid full year result.
Read MoreMore pain ahead for Australian policymakers and companies who depend on the accuracy and credibility of the monthly jobless data from the Australian Bureau of Statistics.
Read MoreUgly day as the ASX200 shed 108.4 points or -2.09% on volume of $4.4 billion to close at 5188.3.
Read MoreAll Ords fall 1.6% to 5209.1 points at a fresh 8 month low.
Read MoreThe increasingly wild trading conditions on global markets, especially in the US continued this morning with the Dow, S&P 500 and the Nasdaq all roaring back with big gains.
Read MoreBC Iron (BCI) will now mop up the rest of the shares in the Kerry Stokes controlled Iron Ore Holdings (IOH), after moving past 90% on Tuesday night and going unconditional.
Read MoreThe punters piled into junior oil explorer FAR Limited (FAR) in a big way yesterday, driving its shares up 60% at one stage after a consortium, it is a part of, reported what could be a large oil discovery offshore Senegal in West Africa.
Read MoreIn a major about turn, the Australian Bureau of Statistics will today restate the jobless data for July and August when it reveals the September employment data. And the September figures will be presented unadjusted for seasonal factors, moves that have stunned economists in government and in the private sector.
Read MoreAll Ords 1% with gains in all sectors. NAB +1% despite ~$1b in write-downs.
Read MoreA turnaround on Thursday with the ASX200 gaining 55.4 points or + 1.05% on volume of $4.9 billion, closing at 5296.7.
Read MoreA cautionary tale for everyday investor folk
Read MoreAll Ords still +1.1% following worse than expected employment report.
Read MoreMiners lead losses in early trade RIO -2.7%; Big 4 banks down circa 1.5%; Defensives see smaller losses TLS -0.5% CSL -0.8%.
Read MoreAs expected the Reserve Bank has left the cash rate unchanged at 2.5%, where it has been since last August with governor Glenn Stevens ending his statement, as he has done for months now by referring to the need for “a period of stability in interest rates”.
Read MoreNewcrest Mining (NCM) said yesterday that gold production fell 12% in its fiscal first quarter as it mined lower-grade ore at some operations and tackled disruptions at its massive Lihir mine in Papua New Guinea.
Read MoreGlencore has now abandoned a bid for Rio Tinto (RIO) in the wake of the news yesterday that an approach in July was strongly rebuffed by the Rio board.
Read MoreAnother soft day on Wednesday with the benchmark S&P/ASX200 giving up 42.9 points or -0.82% on volume of $3.5 billion, closing at 5241.3.
Read MoreAll Ords -0.82% or 43.2pts to 5241.6. Mining & energy stocks down 1.2% & banks down 0.77%.
Read MoreMergers and acquisitions have surged in Australia this year so this is a good time to consider the impact of these events on bondholders.
Read MoreA definite thumbs down from nervy investors to news yesterday from BHP Billiton (BHP) that it plans to dramatically expand its Western Australian iron ore operations.
Read MoreThe Reserve Bank won’t change interest rates at its October meeting later today, but there are a couple of things to watch for.
Read MoreWatch Rio Tinto (RIO) shares shake off their BHP-induced weakness from yesterday and jump after renewed speculation overnight that the aggressive Glencore was still stalking the company.
Read MoreAustralian interest rates and jobs report dominate this week, to the exclusion of other events here and offshore.
Read MoreLocal shares slipped despite a strong lead from Wall Street. The All Ordinaries Index lost around 0.4%, with mining stocks the biggest losers. Banks started well only to fade quite quickly. RBA rates decision in focus tomorrow.
Read MoreBy the end of the session on Tuesday the S&P/ASX200 has shed 8.7 points or -0.16% on volume of $3 billion, to close at 5284.2.
Read MoreImpressive recovery from intraday lows. All Ords -0.2% with 15m of trade left. At its worst the index was down ~80pts or 1.5% .
Read MoreNote: This article was originally published on Oliver’s Insights on 7 October 2014 and has been republished with permission from the original author.
Read MoreA LIC is a listed investment company that offers investors access to a diversified portfolio of shares in other companies also listed on the stock market. Today, we discuss the features & benefits of this investment vehicle.
Read MoreMaterials support ASX 200 on Tuesday with 3.6% gain for RIO shares; Banks weigh, NAB -0.8%.
Read MoreAll Ords -0.15%. Miners -0.6%, energy -0.2%, financials flat & telcos +0.5% US87.8c.
Read MoreDespite all the gloom and doom on the sharemarket and in all that commentary about housing (and retail sales on Wednesday), the economy continues to grow at a weak, but unsurprising level.
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