BHP, Wesfarmers results to set market tone
Australian stocks are set for a volatile week ahead as investors digest a flurry of earnings reports and try to guess where interest rates are heading and the extent to which the global economy is slowing.
IT sector shines lone light as shares reverse
The sharemarket closed down more than 1 per cent yesterday on weaker resource stocks and industrials, the only bright spot being the information technology sector.
Wesfarmers chairman to step down
Wesfarmers chairman Trevor Eastwood will step down from the post in November to be succeeded by current deputy chairman Bob Every.
ACCC does too little, too late
As anticipated, the ACCC inquiry into grocery prices delivered no smoking gun and recommended only modest reforms.
08/05/08
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A barber's sharp question
Revenge can come quicker than the vanquished might imagine, as Ahmed Fahour discovered.
08/21/08
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Shares to bounce on US gains
The Australian stock market is expected to open higher after US stocks have a moderate gain overnight.
08/20/08
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ASX edges higher as oil and gold rises
The Australian share market nudged a little higher after closing relatively flat last week as gold and oil prices rose.
Stocks bounce back
The Australian share market has rebounded, led higher by BHP Billiton and Woolworths.
ASX closes lower after financials fall
The Australian share market closed lower after falls from the financial sector, with Babcock & Brown suffering a heavy loss amid a drop in interim profit.
ASX lower led by financials, resources
The Australian share market closed more than two per cent lower, dragged down by the resource and financial sectors and a weak lead from Wall Street overnight.
ASX marginally in the red
The ASX was marginally in the red at noon, with gold stocks heavily sold off for the second consecutive day on the back of a falling gold price.
Stocks close slightly higher
The Australian share market has closed flat, with Westpac and St George the only standouts among banking stocks and the big miners generally weaker.
ASX slightly firmer with banks stronger
The Australian share closed marginally firmer, with the banking sector gaining ground and a slightly positive Wall Street adding to the buoyant local tone.
Banks lead stocks up
The stock market is up despite US equities slumping on jobs and manufacturing figures.
Shares bounce back
The share market has bounced back to open higher after the Dow rose on Wall Street overnight.
Shares near 5000 barrier
Share open lower, as banks and miners drag the market towards the 5000 barrier.
ASX close flat as bank gains offset
The Australian share market closed flat as a rally in banks and property trusts, triggered by a positive US lead, offset falls in mining and energy stocks.
Prospect of interest rate cut keeps heads above water
THE sharemarket has closed flat for a second session yesterday, with Westpac and St George the standouts among banking stocks and the miners generally weaker.
Resources keep shares in the black
THE sharemarket rallied in afternoon trading to close marginally higher after some heavy lifting by the big miners offset jitters among the financials.
Battered stocks pare back losses
THE sharemarket recovered from earlier losses yesterday but still ended marginally in the red - taking its lead from a rout on Wall Street over the weekend.
Banks pull shares down
The Australian share market was lower in early afternoon trading, as falls in the banking outweighed gains among the big miners.
Shares slither up, oiled by resources
THE sharemarket closed in positive territory yesterday, buoyed by strong gains in the resource and energy sectors.
06/17/08
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Wall Street woes spread down under
The sharemarket closed lower yesterday, weighed down by the financial sector after renewed concerns about credit issues on Wall Street.
06/03/08
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Wall Street sets tone as shares slide
THE sharemarket closed down more than 1 per cent yesterday, dragged lower by the miners after a negative lead from Wall Street.
05/26/08
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Shares follow Wall Street down
The Australian stockmarket opened lower, following Wall Street and drops in base metals prices in London.
05/07/08
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Early gains turn into share-price...
THE Australian sharemarket gave back early gains to close lower despite positive moves on Wall Street.