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Australian Market Report of August 19: Rebound on Favourable Earnings

🕔8/19/2009 1:00:54 PM 18804

US stocks ended the day higher overnight after a sharp slump in the previous trading session. The rebound was helped by better-than-expected earnings from retailers such as Dow component Home Depot.

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Australian Market Report of August 6: Awaiting Reporting Season of Local Market

🕔8/6/2009 1:00:16 PM 18749

US Stocks declined on Wednesday on a weak sales outlook from P & G and concerns over the service and labour sectors. Economic data showed an unexpected fall in activity in the service sector and larger-than-expected losses of private sector jobs.

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Australian Market Report of July 23: Time to Lock in Profits

🕔7/23/2009 1:00:02 PM 21751

Wall Street finished mixed overnight. Dow and S&P 500 indices ended their rising streak while Nasdaq posted its 11th straight rise led by Apple and Yahoo. Investors started to lock in their profits from a series of rallies driven by earnings reports.

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Australian Market Report of June 18: Investors Lock in Recent Gains

🕔6/18/2009 1:00:04 PM 16825

Yesterday, the Australian market slumped for the third consecutive session as investors locked in gains from recent rallies. The benchmark S&P/ASX200 index was 58.4 points, or 1.47 per cent lower, at 3,904.1 points, while the broader All Ordinaries index fell 53.7 points, or 1.36 per cent, at 3,904.2 points.

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Australian Market Report of June 16: Lower US Stocks and Commodities Prices

🕔6/16/2009 1:00:40 PM 16525

The Australian shares closed lower as weaker commodities prices weighed on the resources sector. The benchmark S&P/ASX200 index fell 30.5 points, or 0.75 per cent, at 4031.7 points, while the broader All Ordinaries index shed 31.1 points, or 0.77 per cent, to 4030.4 points.

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Australian Market Report of June 2: Rise Despite GM's Bankruptcy

🕔6/2/2009 1:00:21 PM 20185

The Australian shares were broadly higher. The benchmark S&P/ASX200 rose 76.4 points, or 2 per cent, at 3894.4, while the broader All Ordinaries gained 74.6 points, or 1.96 per cent, to 3887.9 points. Besides the strong lead from Wall Street, the rising commodities prices may also push up the market today.

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Australian Market Report of February 19: Further Drop Ahead

🕔2/19/2009 1:00:35 PM 17837

Yesterday the Australian stocks closed lower on all sectors. The benchmark S&P/ASX200 lost 51.1 points, or 1.48 per cent, at 3,413.2, while the broader All Ordinaries dropped 45.3 points, or 1.33 per cent, to 3,366.9. The local market has fell 4.1% so far this week, and the shares may see a further drop after base metal and oil prices lower.

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  • Automotive 
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  • 1989/11/02