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Australian Market Report of November 21: Below 3000 Points Possible

🕔11/21/2008 1:00:28 PM 9914

On Thursday, the Australian sharemarket closed more than four per cent weaker, dropping almost to five-year lows, with losses in all sectors. The benchmark S&P/ASX200 index was down 146.7 points, or 4.19 per cent, at 3,352.9 while the broader All Ordinaries index had shed 150.6 points, or 4.32 per cent, to 3332.6. Analysts predict the bottom is getting closer and lower than 3000 points is possible as market would be dragged down by the US and growing concerns on recession in Australia.

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Australian Market Report of November 18: More Softened Results Expected

🕔11/18/2008 1:00:07 PM 12968

On Monday, the Australian share market fell to a four-year low as investors remained concerned about the continuing gloomy economic outlook. The big miners and the banks led the market lower, and all sectors were down. The benchmark S&P/ASX200 index was down 95.1 points, or 2.54 per cent, at 3,653, while the broader All Ordinaries index lost 86.5 points, or 2.32 per cent, to 3639.5. Analysts said the market was oversold on fundamentals, but more softened half-year results would be expected in recent days.

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Australia Market Report of October 9: Market Sell-off With No Emotion

🕔10/9/2008 12:30:33 PM 14081

Yesterday, the Australian share market closed at a fresh three-year low, plummeting 5% as the continuing fallout from the global credit crisis wiped A$56 billion from the value of stocks. The benchmark S&P/ASX-200 share index lost 5% yesterday, the biggest one-day fall for both major stock exchange indices since January 22 this year. RBA has said the Australian economy is slowing faster than originally anticipated. Analysts said the sell-off is totally unemotional. Markets across Asia also slumped with 5-10% drop in Tokyo, Hong Kong, Singapore, Mumbai and Jakarta.

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Australia Market Report of October 8: Aussie Dollar to Face Selling Pressure

🕔10/8/2008 12:30:59 PM 9569

Overnight Wall Street closed more than 5% down on growing fears that the spiralling credit crisis would drag the US economy into a recession. While the global financial crisis deepened, RBA cut the interest rate by a full percentage point, double the amount that had been expected.

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Australia Market Report of September 11: Australian Market Waxes Irrational

🕔9/11/2008 12:30:12 PM 10153

The Australian market has received a mixed lead, with Wall Street up while oil, gold and silver were down again. Yesterday local banks finished mixed despite heavy losses on Wall Street as the US investment bank Lehman was thought facing difficulties. Analysts said the market was volatile, heavy and irrational.

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Nexus Energy Limited ASX: NXS - Crux Gas Sale - Mr Ian Tchacos, MD

🕔10/24/2006 12:19:00 PM 2897

Nexus Energy Limited (ASX: NXS) - Crux Gas Sale - Mr Ian Tchacos, MD; Boardroomradio is pleased to announce that Nexus Energy Limited (ASX: NXS) has published an audio file.

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Company Data

  • 03 9654 9303 
  • Principal Sector
  • Energy 
  • Principal Industry
  • Energy 
  • Listed
  • 2000/09/13 
  • Homepage

More News Results

  • 2024/04/18: Publication of Dr. Harris XPERIENCE study*
  • 2024/04/17: Preliminary results of further XPERIENCE studies released*
  • 2024/04/16: Study published showing impact of XPERIENCE on SSIs*
  • 2024/04/09: Publication of study showing BLASTX increases NPWT efficacy*
  • 2024/04/05: Appendix 4G & 2024 Corporate Governance Statement*
  • 2024/04/05: 2023 Annual Report*
  • 2024/04/04: Notification of cessation of securities - NXS*
  • 2024/04/03: 2024 AGM - Notice of Meeting*
  • 2024/04/03: Board Changes*
  • 2024/03/04: 2024 Annual General Meeting - Notification of dates*
*refer to company website