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Australian Market Report of June 24, 2010
JUNE 24, 2010 09:30 - Article Views: 3,870
Australian shares fell for a second straight session on Thursday as investors were disappointed with the US existing home sales data and not expecting any inspiring results from new home sales. The benchmark S&P/ASX200 index lost 72.2 points, or 1.6 per cent, to 4486.1 points, while the broader All Ordinaries index was off 71.9 points, or 1.6 per cent, at 4509.4. |
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Alinta Energy (ASX:AEJ) Received a Number of Bids
JUNE 23, 2010 15:10 - Article Views: 3,771
Alinta Energy Group (ASX:AEJ), formerly known as Babcock & Brown Power, said it has received a number of indicative, non-binding, confidential bids while the power generator is in the process of the restructure of its finance facilities. These bids include bids for both whole of business and parts of the business. |
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Australian Market Report of December 8: Weighed by Weaker Commodities
DEC 7, 2009 18:20 - Article Views: 4,823
Australian market Monday ended lower in a thin trade led by resources stocks, as commodities prices dropped on a sharp rise in US dollar. At the close, the benchmark S&P/ASX200 index fell 25.7 points, or 0.6 per cent, at 4676.5, while the broader All Ordinaries lost 26 points, or 0.6 per cent, to 4695.2. |
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Australian Market Report of November 11: Sentiment Remained Strong
NOV 11, 2009 13:00 - Article Views: 6,833
Wall Street closed mixed overnight as investors took profits after a massive gain in previous session. US shares mostly fell earlier in the day, but rebounded towards the close. Analysts said that market sentiment remained bullish. |
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Australian Market Report of October 2: Investors Lose Nerve
OCT 2, 2009 13:00 - Article Views: 8,763
Overnight the Dow index and S&P's 500 index posted their biggest falls in three months as the worse-than-expected manufacturing activity data in September and new jobless claims led to a broad sell-off. These figures overshadowed improvements in pending home sales, personal spending and construction spending, and dampened investors confidence on the economy recovery. |
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Australian Market Report of August 28: US Economy Shrank at A Slower Pace
AUG 28, 2009 13:00 - Article Views: 9,112
Wall Street closed with an eighth consecutive gain on Thursday, as a series of financial firms rose and energy stocks rallied on the rebound of crude oil prices. The US government figure for GDP showed that the US economy shrank at a 1 per cent annual pace in the second quarter, better than analysts' forecast of 1.5 per cent decline. |
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Australian Market Report of July 14: Bolstered by Wall Street Rally
JULY 14, 2009 13:00 - Article Views: 7,982
Yesterday the Australian shares closed lower. The benchmark S&P/ASX200 index fell 56.6 points, or 1.5 per cent, at 3737.5 points, while the broader All Ordinaries index fell 52.6 points, or 1.1 per cent, to 3738 points. Analysts expect the market remained quiet until investors the corporate earnings bolster their confidence. |
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Australian Market Report of June 5: Resources Shares Received Mixed Leads
JUNE 5, 2009 13:00 - Article Views: 9,772
The Australian share market closed lower. The benchmark S&P/ASX200 index was down 82.6 points, or 2.06 per cent, at 3934.6, while the broader All Ordinaries index fell 76.8 points, or 1.92 per cent, to 3932.5. Resources stocks will benefit from the rise in commodities prices, but could be weighed down by the failure of investment deal between Rio Tinto and Chinese government backed Chinalco. |
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Australian Market Report of May 15: Rebound on Recovery Hopes
MAY 15, 2009 13:00 - Article Views: 9,823
The Australian share market yesterday closed significantly lower as investors anticipated further drop in Europe and US. The benchmark S&P/ASX200 index fell 132.7 points, or 3.4 per cent, to 3723.4, while the broader All Ordinaries index declined 131.7 points, or 3.4 per cent, to 3710.8. |
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