Tuesday’s Gainers & Losers
S&P/ASX200 lost 20.5 points or -0.38% on volume of $3.1 billion, closing at 5432.8.
Read MoreS&P/ASX200 lost 20.5 points or -0.38% on volume of $3.1 billion, closing at 5432.8.
Read MoreThe ASX 200 ended around session lows , every sector lost ground. There was more bad news for the retail sector with $KMD issuing a profit downgrade which saw the shares lose 12%.
Read MoreThe ASX 200 has started the week on the front foot helped my an improvement in iron ore prices which has seen miners attract the attention of buyers.
Read MoreIn just over two weeks, the US second quarter earnings circus roars into town again, with the first quarter reports for the S&P 500 only having ended last week with the solid results from American supermarket giant, Kroger.
Read MoreGold futures have held on to their surprise gains from last week, while oil prices ended at nine month highs in New York.
Read MoreRelatively quiet in Australia this week, but globally its PMI ‘flash’ report week, starting today with the early reports on the health of manufacturing.
Read MoreGlobal share markets are poised to go on rising this week in the wake of the dovish US Fed stance on interest rates, and despite the tensions in Iraq.
Read MoreS&P/ASX200 gained 33.8 points or + 0.62% on volume of $3.5 billion, closing at 5453.3.
Read MoreLocal stocks kicked off the week higher, with better than expected Chinese data and record highs in U.S. markets helping. The mining sector was a standout while the Australian dollar also firmed. Petrol prices are rising at the pump.
Read MoreOut of the blue gold futures prices soared more than 3% overnight to a two month high in New York, and then kept rising in after hours trading.
Read MoreThe slowly gathering story in the market that the Ten Network (TEN) was over its bad patch was badly damaged yesterday by Ten itself with what is in effect another downgrade.
Read MoreYesterday’s sharp improvement in the stockmarket turned out to be a far better day to deliver what amounted to a downgrade by one of retailing’s bellwether stocks, JB Hi-Fi (JBH).
Read MoreThe adjourned special meeting of Westfield Retail Trusts’ (WRT) securityholders reconvenes in Sydney at 10am today with no one any wiser as to how the proxies for the vote have gone.
Read MoreS&P/ASX200 lost 48.7 points or -0.90% on volume of $4.4 billion, closing at 5419.5.
Read MoreThe losses accelerated for the Australian sharemarket, with the All Ordinaries Index (XAO) slumping by 0.82 per cent.
Read MoreThe controversial $70 billion restructure of the Westfield shopping mall group will go ahead after securityholders in the Retail trust voted in favour of the deal at the adjourned special meeting in Sydney on Friday morning.
Read MoreSellers take advantage of better prices after recent gains, most sectors are in the red
Read MoreWhat a difference a day makes; stocks higher on hopes that US interest rates will remain lower for longer after the Fed downgraded US growth forecasts.
Read MoreDespite cutting its forecasts for the rest of the year, the US Federal Reserve thinks the American economy is over the first quarter big freeze and trending nicely higher, along with the labour market.
Read MoreMedia business writers frothed and chortled this morning, forecasting that Melbourne businessman Solomon Lew would either block the David Jones (DJS) takeover offer from Woolworths of South Africa, or try a bit of greenmail to grab control of Country Road (CTY), which is also owned by Woolworths.
Read MoreWoodside (WPL) shares fell 4.5% yesterday (to $40.90) after investors sold off nearly 53 million shares, worth almost $2.2 billion in the wake of the sell down by Shell.
Read MoreS&P/ASX200 gained 85.5 points or +1.56% on volume of $6 billion, closing at 5468.2.
Read MoreStocks enjoyed their best performance so far of 2014, thanks to dovish comments from US Federal Reserve Chair Janet Yellen.
Read MoreNote: This article was originally published on Oliver’s Insights on 19 June 2014 and has been republished with permission from the original author.
Read MoreThe ASX 200 remains around the 5400 level on Wednesday. WPL shares are lower as institutions absorb the sale of 80mln shares overnight
Read MoreVirgin Australia (VAH) continues to be stalked by its big three holders – Air New Zealand (AIZ), Etihad and Singapore Airlines.
Read MoreOnce again investors and traders in local financial markets have gotten all excited about the prospect of official interest rates remaining at their current record low levels for longer than expected.
Read MoreWoodside (WPL) shares are expected to resume trading today with a price rise anticipated by investors after the sell down by Shell of most of its stake in the largest pure hydrocarbon company on the ASX.
Read MoreS&P/ASX200 lost 18 points or -0.33% on volume of $5.7 billion, closing at 5382.7.
Read MoreLocal stocks fell for the second day largely due to energy sector weakness. Home prices in China fell for the first time in two years and the Australian dollar lost some ground.
Read MoreCommSec’s Juliette Saly delivers a market update. The iron ore price has closed below US$90 a tonne, dragging down resource stocks.
Read MoreAustralian share prices will come under more pressure today after the world iron ore price breached the $US90 a tonne level overnight and fell 2.1% to a new 21 month low, but the news again won’t shift the value of the Aussie dollar lower.
Read MoreThe first bit of good news for months from Sydney-based casino operator Echo Entertainment Group (EGP) saw the share price rise strongly yesterday.
Read MoreShares in Super Retail Group (SUL) were dealt with rather generously yesterday by investors after it revealed its third earnings downgrade this year.
Read MoreLocal stocks wiped out yesterday’s improvements, with a weaker iron ore price together with geopolitical concerns in Iraq and Russia holding markets back.
Read MoreS&P/ASX200 lost 11.6 points or -0.21% on volume of $3.6 billion, closing at 5400.7.
Read MoreWe’re always hearing Australian investors should look to Asia for growth opportunities that can’t be found elsewhere in the world. But in reality investors remain cautious, with the majority seeing the region as too adventurous and outside the mainstream investment consideration set.
Read MoreThe paradox that is the Chinese economy has again been underlined in the May production data, especially for steel, and the price of iron ore and property.
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