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Australia Market Report of September 24: Concerns on Government Bailout Effectiveness
SEP 24, 2008 12:30 - Article Views: 4,673
The Australian stock market closed almost 2% lower yesterday amid concerns on the short selling ban, as well as over the effectiveness of the US government's proposed bailout of the financial sector. Analysts said investors are waiting for some real clarity from the government. |
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Australia Market Report of September 22: Long Term Stability Uncertain
SEP 22, 2008 12:30 - Article Views: 7,581
Share markets around the world rebounded strongly on Friday as regulators took steps to shore up the financial system. The Australia sharemarket regained much of its losses last Friday, closing 4.3% higher, but still down 2% for the week. |
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Australia Market Report of August 22: Commodity Boom Not Over?
AUG 22, 2008 12:30 - Article Views: 7,884
Yesterday, the Australian share market closed lower after falls from the financial sector, with Babcock & Brown (ASX:BNB) suffering a heavy loss amid a drop in interim profit. Analysts said that some of the reports out yesterday were slightly negative, despite some coming out with higher profit the forward earnings would be under pressure. |
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