Standby For More Nervy, Volatile Trading
We are now approaching the season for markets to correct – the end of the northern summer and early autumn when share markets tend to take a breather and produce a sell-off.
Read MoreWe are now approaching the season for markets to correct – the end of the northern summer and early autumn when share markets tend to take a breather and produce a sell-off.
Read MoreIn the US, where the sell-off is concentrated, the fretting about the ending of the Fed’s huge sending spree (and then rising interest rates) will continue to dominate investor sentiment from now until October – November.
Read MoreCentral banks in Australia, Europe, India, Japan and the UK will hold some of the attention this week for investors, although a large drop of key Australian figures, and at the end of the week, the monthly economic data from China, will also share the spotlight.
Read MoreThere’s more evidence that size no longer is the be all and end all for international companies, whether its in mining, retailing, manufacturing or even financial services.
Read MoreBy the end of the session on Monday the S&P/ASX200 lost 15.5 points or -0.28% on volume of $2.1 billion, closing at 5540.9.
Read MoreAll Ords -0.26% to 5533. Only property trusts & consumer staples rose. Retail trade +0.6% in June.
Read MorePoseidon Nickel is an emerging nickel producer that’s pursuing redevelopment of the historic Mt Windarra nickel project in WA. The stock has risen by almost 60% since our initial Buy recommendation at $0.14 just a few weeks ago.
Read MoreJuly was the best month in a year for the Oz shares, but All Ords -1.3% today; the worst day in 2 months as all sectors fall.
Read MoreIt was a losing month for many commodities, led by the old stagers in gold and oil, but assisted by the major grains and cotton.
Read MoreFor whatever reason – and there are quite a few – markets in Europe and the US turned lower and finished July in the red, leaving Asian markets out on a limb somewhat after their very strong month.
Read MoreWas it a cunning ploy by Woodside’s (WPL) board and management to release figures yesterday to the market suggesting the Shell franking credits/buyback deal, would fail at today’s special shareholders meeting in Perth?
Read MoreIt could have been the end of financial year loan boom for personal investors and business, or it could have been a real increase in demand for loans from more and more businesses and consumers, but whatever the reason the growth in private lending in the country hit a six year high in June.
Read MoreThe ASX 200 ends around session lows with a loss of 76pts or 1.36%. The Index has also shed 0.5% for the week.
Read MoreOn an ugly overnight lead from Wall St the S&P/ASX200 lost 76.5 points or -1.38% on volume of $4 billion, closing at 5556.4.
Read MoreNo joy for the markets from the release of two key data releases in the US overnight.
Read MoreA fairly dramatic day yesterday on market for shares in Perth-based gold miner Regis Resources (RRL) after the company revealed asset impairments that could be as much as $280 million.
Read MoreSigns are growing that the Japanese economy, our second biggest export market, is weaker than thought, and that the impact of the radical economic policies of Prime Minister Shinzo Abe are fading.
Read MoreThings continue to get worse for embattled Sydney women’s fashionwear retailer, Noni B (NBL) with yet another earnings downgrade and a loss for 2013-14 that could approach $8 million.
Read MoreAll Ords closed at a fresh 6-yr high for the 3rd day. Commonwealth Bank cracked through another record high today; hitting $83.92 at midday.
Read MoreThe market added on 10 points on Thursday on volume of $3.6bn closing at 5632.9.
Read MoreThe mFund Settlement Service
Read MoreThe latest Australian Property Monitors research shows property prices are continuing to rise across most capital cities, with a 1.9% increase during the June quarter.
Read MoreAussie dollar falls from US93.21c to US93.08c after the economic data but recovers to US93.15c after investors focus on credit figures.
Read MoreSteven Daghlian provides a mid-session financial market update.
Read MoreA sharp fall in dairy prices for NZ farmers has raised the question if the country’s economy is heading for a slowdown much larger than anyone was thinking a week ago when the Reserve Bank of NZ lifted its official cash rate for a fourth time to 3.5%.
Read MoreA disappointing production outlook for 2014-15 saw Beach Energy’s (BPT) shares sink 3% yesterday, to close at $1.705.
Read MoreDespite pulling back a touch from the highs reached at midday, the Australian market still managed to close at a fresh six – year high. The All Ordinaries Index (XAO) rose by 0.6 per cent and improved for the 12th time in 16 trading sessions. With only one day remaining this month, local shares have surged by 4.3 per cent in July; making it the best month in a year for the Australian market.
Read MoreBy the end of the session on Wednesday the S&P/ASX200 has gained 34.5 points or +0.61% on volume of $3.6 billion, closing at 5622.9.
Read MoreLeighton Holdings (LEI) looks like a massive restructuring, with writedowns, losses as well as asset impairments.
Read MoreEducation services provider Navitas (NVT) remains confident of its outlook, despite suffering a sharp fall in profit for the year to June 30 from the loss of a contract with Macquarie University in Sydney from 2016.
Read MoreBy the end of the session on Tuesday the S&P/ASX200 added 11 points or +0.20% on volume of $3.1 billion, closing at 5588.4.
Read MoreDespite a late attempt by the market to finish firmer, local shares slipped on the close to end in the red for the second session. The All Ordinaries Index (XAO) fell 0.08 per cent, while volume was light ahead of key reports later this week.
Read MoreTom Piotrowski provides a mid-session financial market update.
Read MoreFriday bought some conflicting reports about 2013-14 profitability from two middle ranking industrial stocks.
Read MoreA febrile time for financial markets this week. The conjunction of a number of key reports in the US this week, overlain by the possible default by Argentina on up to $US29 billion of its debt, could trigger another bout of fear and loathing on all financial markets in the coming week.
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