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Australian Market Report of January 28: Broad market Sell-off
JAN 28, 2010 09:30 - Article Views: 5,504
The Australian sharemarket sharply fell on Wednesday with all sectors in the red. At the close, the benchmark S&P/ASX200 index lost 73.3 points, or 1.6 per cent, at 4644.6 points, while the broader All Ordinaries index fell 73.1 points, or 1.5 per cent, to 4670. |
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Australian Market Report of December 23: Gains after Overseas Positive Lead
DEC 23, 2009 09:30 - Article Views: 6,283
The Australian share market posted a strong gain boosted by banks and miners on Tuesday after good lead from European markets and Wall Street. At the close, the benchmark S&P/ASX200 index was up 69.1 points, or 1.49 per cent, at 4704.2 points, while the broader All Ordinaries index surged 64.9 points, or 1.39 per cent, to 4724.4. |
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Australian Market Report of December 17: Disappointing Economy Growth Result
DEC 17, 2009 09:30 - Article Views: 5,212
The Australian sharemarket gave up early gains on Wednesday after the GDP figures released by Australian Bureau of Statistics showed a disappointing result in economy growth. At the close, the benchmark S&P/ASX200 index was 11.6 points lower, or 0.2 per cent, at 4661.9, while the broader All Ordinaries slashed 11.7 points, or 0.2 per cent, at 4676.1 |
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Australian Market Report of November 16: Encouraged by US Quarter Earnings
NOV 16, 2009 13:00 - Article Views: 6,104
On Friday, the US stocks were boosted by the encouraging earnings from major retailers and The Walt Disney Co. A record number of U.S. companies beat earnings expectations in the third quarter. This week a new round of economic data including retail sales, inflation readings and housing starts will be the focus after most corporate results already reported. |
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Australian Market Report of October 13: US Investors Confident about Earnings
OCT 13, 2009 13:00 - Article Views: 6,875
Dow Jones Industrial Average edged higher overnight towards the 10,000 points psychological level, helped by a market confidence on corporate earnings of blue chip companies. Energy stocks were also up on the back of a jump in crude oil prices. |
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VIDEO: Australian Market Report of October 9: Upbeat US Job Data and Consumer Spending
OCT 9, 2009 13:00 - Article Views: 9,369
Overnight the US stocks closed higher on the positive Alcoa earnings and better-than-expected weekly jobless claims and consumer spending. Investors were also encouraged by the US retailers' first same-store sales gains in more than a year. |
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Australian Market Report of August 24: US Home Sales Boosted Confidence
AUG 24, 2009 13:00 - Article Views: 8,781
Wall Street posted a fourth day on Friday rise as the US existing home sales data gave investors more confidence that it is the end of the recession. For the week The Dow Jones Industrial Average gained almost 2 per cent, while the Standard & Poor's 500 index added 2.2%. |
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