Wesfarmers under sell-off pressure
WESFARMERS is coming under pressure from international credit markets to offload parts of its disparate empire to underpin efforts to refinance $4 billion of short-term debt used to pay for its purchase of Coles.
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.
Australian stocks lower at noon
The Australian share market was lower at noon by less than one per cent, with utilities and financials the main laggards.
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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.
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.
Aussie stocks 2 per cent higher at noon
The Australian stock market was two per cent higher at noon after gains from the resource and energy sectors offset a poor lead from Wall Street overnight.
Aussie shares close higher
The Australian share market closed in the black after stronger commodity prices bolstered resource stocks and countered a negative US lead overnight.
Aussie stocks higher, led by resources
The Australian share market closed firmly in the black, driven by the resources sector after the commodities index recorded its biggest weekly gain in 33 years.
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 closes sharply lower
The Australian share market closed sharply lower, losing two per cent as weaker financial and resource stocks added to the negative direction from Wall Street.
Aussie stocks down two per cent at noon
The Australian stock market was two per cent lower at noon after falls from the resource and financial sectors following a drop on Wall Street overnight.
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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 higher driven by miners
The Australian share market closed moderately higher, driven by renewed strength in global miners BHP Billiton and Rio Tinto.
Aussie sharemarket closes stronger
The Australian share market closed moderately stronger driven by an improvement in financial stocks and a positive lead from Wall Street.
Resources drive Aussie stocks higher
The Australian share market closed firmly in the black after a stronger prices drove resources sector higher, helping to ovecome a negative Wall Street lead.
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.
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.
Prospect of interest rate cut keeps...
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.
08/08/08
Similar news about Qanta Airways
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.
Stocks above 5000
Australian shares rise in early trade, after another fall in oil prices.
08/06/08
Similar news about ANZ Bank
Aussie stocks lower after resources fall
The Australian share market closed lower after losses from the resources sector amid sharply weaker commodity prices overnight and a poor lead from Wall Street.
Argo's wild ride continues
Argo Investments delivers a strong annual profit but warns the new year will be challenging.
Argo FY08 profit up 71.5%
Argo Investments Ltd says volatility in the Australian share market is likely to continue after it posted a large rise in profit, boosted by asset realisations.
Banks lead stocks up
The stock market is up despite US equities slumping on jobs and manufacturing figures.