India Getting Back On Track
Note: This article was originally published on Oliver’s Insights on 21 May 2014 and has been republished with permission from the original author.
Read MoreNote: This article was originally published on Oliver’s Insights on 21 May 2014 and has been republished with permission from the original author.
Read MoreCommSec Mid-session Report: Solid support for market in early trade.
Read MoreAnother day, another fall on Wall Street and another weak opening for the local market. The rollercoaster continued overnight with another triple digit fall the Dow.
Read MoreShares in Treasury Wine Estates (TWE) have had their best day for more than a year after the company revealed it had rejected a bear hug offer from US buyout group KKR at $4.70 a share.
Read MoreBuried in yesterday’s minutes from the May board meeting of the Reserve Bank is a warning that the Australian economy faces a slowdown over the rest of this year.
Read MoreThe ASX200 ended up 4 at 5424 on Wednesday. A low of 5372 was seen after disappointing consumer confidence numbers, before buyers emerged after lunch.
Read MoreLocal stocks staged an impressive recovery this afternoon. The iron ore price is at a 20-month low and U.S. stocks lost ground last night. Consumer sentiment slumped and wages growth is sluggish.
Read MoreMiners lead the market lower on Wednesday whilst consumer confidence figures have added to headwinds for local stocks
Read MoreCommSec’s Juliette Saly provides a Mid-session financial market update. Stocks are lower with iron ore falling to its lowest level since September 2012.
Read MoreWith global iron ore prices falling under $US100 a tonne overnight, the Australian stockmarket is set to open higher this morning – that’s either fools paradise or a misreading of what happened here yesterday.
Read MoreShares in metal basher and engineering firm, Bradken (BKN) were sold off yesterday afternoon after the company announced another round of job cuts and a full year earnings downgrade.
Read MoreDuluxGroup (DLX) expects its full year profit, excluding one-off items, to be higher than the previous year’s weak result.
Read MoreWell, well, a small miracle of Australian business, the struggling Elders (ELD) rural services group is close to reporting a profit and starting to use the hundreds of millions in previous losses.
Read MoreA low of 5384 saw a few buyers emerge especially in the banks and big miners. In the end the market closed up 11 points at 5420 having wilted a little towards the close.
Read MoreLocal stocks recovered some of the ground lost on Monday.
Read MoreResource stocks lead the ASX 200 lower on Monday as the iron ore price threatens to move into double digits.
Read MoreWorld iron ore prices are on the edge of slipping under $US100 a tonne and the latest two year low could come sometime this week after another fall in the mineral’s price on Friday night, our time.
Read MoreGlobal markets will start the week on a guarded note this week after catching fright late last week with the surprise sell off on Wednesday and Thursday.
Read MoreCentral banks and the mid-month updates on the health of manufacturing in a number of major economies, especially China, will dominate the coming week.
Read MoreBy the closing bell on Monday, the benchmark S&P/ASX200 index was 70.0 points, or 1.28%, lower at 5,409.0, while the broader All Ordinaries index was down 68.6 points, or 1.26%, at 5,390.3.
Read MoreConcerns about China’s economy pushed the Australian sharemarket substantially lower today. A 2% slump in the price of iron ore hurt our miners. No sectors escaped the selling.
Read MoreInvestors seem to have heeded the message of tough love and critcisim delivered at this week’s Coca Cola Amatil AGM in Sydney, especially by the company’s new CEO, Alison Watkins.
Read MoreCommSec’s Juliette Saly delivers a Mid-Session market update. Local stocks have followed Wall Street into the red.
Read MoreGrainCorp (GNC) shares edged higher yesterday despite a weak profit for the six months to March.
Read MoreThe feeling of unease drifting over financial markets, grabbed Wall Street overnight for a second trading session, sending shares lower, and bond prices soaring as investors continued to chase safety in US Treasuries.
Read MoreThere seems to be a few clouds of doubt drifting over global stockmarkets – despite the succession of records on Wall Street, new six year highs for many European markets, and the succession of new highs for our big banks in the past month or so (especially the Commonwealth this week).
Read MoreNow for the slide into negative growth in Japan this quarter, and beyond that, into a recession?
Read MoreLocal stocks followed the weak U.S. lead today. Utilities edged higer, miners slumped and banks struggled. Goodman received a sweetened takeover deal and Telstra is flirting with a 9-year high.
Read MoreAt the close on Friday, the benchmark S&P/ASX200 index was 31.8 points, or 0.58 per cent, lower at 5,479.0, while the broader All Ordinaries index was down 31.3 points, or 0.57 per cent, at 5,458.9.
Read MoreCommSec’s Juliette Saly provides a mid-session market update. Results today from Graincorp and Optus while stocks follow Wall Street into the red.
Read MoreAt the close on Thursday, the benchmark S&P/ASX200 index was 14.3 points, or 0.26 per cent, higher at 5,510.8, while the broader All Ordinaries index was up 14.3 points, or 0.26 per cent, at 5,490.2.
Read MoreLocal stocks rose for the third day. CBA hit another record high of $81.30 today, the miners fell modestly and the Australian dollar buys US93.7c.
Read MoreThe updates are in from the big four banks, and the loser is…….the National Australia Bank (NAB) whose interim profit and some details of the result were the weakest of the quartet.
Read MoreBig things seem to be happening within BHP Billiton (BHP) and Rio Tinto (RIO), judging by several announcements and speeches yesterday.
Read MoreNote: This article was originally published on Oliver’s Insights on 14 May 2014 and has been republished with permission from the original author.
Read MoreInvestment markets have taken the Federal Budget in their stride. Banks stocks going ex has weighed on the ASX200 in early trade on Wednesday.
Read MoreOrica’s (ORI) dip in interim earnings wasn’t a big deal – otherwise why would have the company lifted the dividend 3% to 40c a share?
Read MoreTerry Davis, the long time CEO of Coca-Cola Amatil (CCL), has only been gone 10 weeks or so, but it is clear his replacement Alison Watkins is keen to make some significant changes – including improving the relationship between the company and its major shareholder and supplier, The Coca-Cola Company of Atlanta.
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