2010/07/09 09:30 - Australian shares rallied on Thursday after a strong lead from overseas market, and the gains were fuelled by the better-than-expected employment data in Australia. Total employment was up by 45,900 in June, compared to expectations of an increase of 15,000. Australia's unemployment rate in June was a seasonally adjusted 5.1 per cent, beating the economists' prediction of 5.2 per cent.
2010/06/29 09:50 - The Australian shares gave up their early gains and ended in a negative territory on Monday. The market weakness was mainly due to tax-related selling ahead of the financial year end of June 30. The benchmark S&P/ASX 200 index fell 28.5 points, or 0.65 per cent, to 4384.5 points, while the broader All Ordinaries index lost 0.67 per cent to settle at 4409.7.
2010/04/13 10:17 - Australian paper merchant and manufacturer PaperlinX Ltd (ASX:PPX) said today that it is in the final stage of exit from its Tasmanian manufacturing operations.
It will close its Burnie Mill in Tasmania, with the balance of operations already closed. On completion of the closure, PaperlinX will solely become a merchant with business distributing paper, sign and display, graphics solutions and industrial packaging to a wide range of customers in Australia, New Zealand and Asia, Europe and North America.
2010/02/12 13:30 - Asian markets were higher Thursday. Hong Kong's Hang Seng Index gained 1.9 per cent and South Korea's Kospi advanced 1.8 per cent. China's Shanghai Composite closed flat with thin trade ahead of the upcoming Lunar New Year, despite a slower than CPI growth eased worries of rate increase.
2010/01/12 13:30 - Wall Street rose overnight as investors were expecting improvements in fourth-quarter earnings results. US industrial shares lifted the Dow and the S&P 500 to new 15-month highs after the upbeat Chinese economic data. The US dollar dropped 0.5 percent against a basket of currencies.
2009/12/23 13:30 - US stocks ended higher overnight on a bigger-than-expected rise in existing home sales for November. The used-home sales jumped 7.4 per cent, having increased more than double the economists' expectations.
2009/08/31 13:00 - US stocks were lower Friday over consumer data. Commerce Department said that consumer spending rose mildly in July, while personal income was unchanged. The downbeat data of US consumer sentiment also weighed on the market.
2009/08/14 13:00 - Wall Street finished higher in choppy trade as the upbeat economic data in Europe offset the news of disappointing retail sales in US. Wal-Mart's second-quarter earnings, above analyst's expectations, also helped to lift the market.
2009/06/24 13:00 - Yesterday the Australian market posted a massive drop following a significant decline in Wall Street. The benchmark S&P/ASX200 index tumbled 3.1 per cent, or 121.3 points, to 3796.9 yesterday, while the broader All Ordinaries lost 117.8 points, or 3.01 per cent, to 3793. Investors would become nervous after the losses in recent trading sessions, although the rebound in commodities prices may help to lift the local market.
2009/04/21 13:00 - Yesterday, the Australian stocks closed slightly lower dragged by the major miners. The benchmark S&P/ASX200 index fell 0.2%, or 7.7 points, at 3769 points, while the All Ordinaries index was also down 0.2%, or 5.8 points, at 3722.3.
2009/04/08 13:00 - Yesterday the Australian share market is lower after the RBA's rate cut announcement. The S&P/ASX200 index fell 1.3%, or 50.3 points, at 3706.3, while the broader All Ordinaries index was down 1.3%, or 47.9 points, at 3648.9.
2009/03/19 15:00 - Most Asian share markets soared at opening bell following the upbeat sentiment on Wall Street overnight. Japan's Nikkei average and South Korea's Kospi opened higher this morning, but soon gave up their early gains. Tokyo stocks slid to below 8000 points level, as exporters were hurt by stronger yen.
2009/03/19 13:00 - Yesterday Australian shares lost their early gains and ended lower, dragged by big miners. The benchmark S&P/ASX200 index was down 0.2%, or 5.6 points, at 3446.3, while the broader All Ordinaries index fell by 0.2%, or 7.2 points, at 3386.2.