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Goodman Group

ASX:GMG ISIN:AU000000GMG2

Goodman Group is engaged in fund management, property services, development management and investment in directly and indirectly held industrial property. The Company is based in Australia and has operations in Asia Pacific (primarily Australia, New Zealand, Hong Kong, People’s Republic of China and Japan) and Europe. On December 17, 2007, it sold a 50% equity interest in Highbrook Developments Limited (HDL) to Goodman Property Trust. On March 27, 2008, it completed the disposal of its 40% interest in Ascendas MGM Funds Management Limited (AMFM) and also sold its 6.8% stake in Ascendas Real Estate Investment Trust (A-REIT). On May 31, 2008, the Company sold its investment in Goodman Property Investors Limited (GPI).

  

News

Australian Market Report of May 19, 2010: Goodman (ASX:GMG) to Participate a Business Park Project in China

🕔5/19/2010 1:36:34 PM 10112

The Australian shares continue to suffer a stock market downturn caused by debt crisis in Europe. Yesterday the Australian market closed nearly unchanged in a day of fluctuating trade. The benchmark S&P/ASX200 index Wednesday shed more than 1.5 per cent in early trade after Wall Street resumed its slide on a surprise move by Germany to restrict some financial transactions against banks.

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Australian Market Report of May 17, 2010: Chinese Govt Approved Investment in Kagara's (ASX:KZL) Mungana Goldmines

🕔5/17/2010 1:30:08 PM 12961

The Australian stock market opened sharply lower on Monday led by material sector. European bourses broadly tumbled on Friday as European governments' deep spending cuts increased worries over the region's economies. The negative sentiment also spreads through Wall Street and Asian Markets. The Australia's S&P/ASX200 index Monday fell approximately 1.8 per cent in early trade. In economics news today, the Australian Bureau of Statistics releases lending finance data for March.

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Australian Market Report of February 25: Lower Metals Prices Hit Resources Giants

🕔2/25/2010 9:30:19 AM 15116

The Australian share market fell sharply Wednesday after led by mining giants BHP Billiton and Rio Tinto as metals prices dropped. The benchmark S&P/ASX200 index ended down 69.8 points, or 1.5 per cent, at 4648.5, while the broader All Ordinaries index lost 65.1 points, or 1.4 per cent, to 4665.9.

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Australian Market Report of November 17: More Confirmation on Recovery

🕔11/17/2009 1:00:00 PM 12576

Overnight US stocks finished in a fresh 13-month high as energy and material sectors are boosted after the better-than-expected Japanese economy growth. The market was also inspired as Federal Reserve Chairman Ben Bernanke's said that interest rates would stay low. The US government data showed that retail sales rose 1.4 per cent in October, also exceeding market expectations.

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

🕔8/6/2009 1:00:16 PM 17034

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 June 23: Global Economy Outlook Downgraded

🕔6/23/2009 1:00:06 PM 15366

The Australian market closed higher yesterday driven by the news of Xstrata's proposed merger with Anglo-American and NAB's buying Aviva Australia. The benchmark S&P/ASX200 index was up 0.5 per cent, or 18.6 points, at 3918.2, while the broader All Ordinaries index advanced 0.4 per cents, or 16.4 points, at 3910.8.

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

🕔6/16/2009 1:00:40 PM 14847

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 15: Market Posts Consecutive Gains

🕔6/15/2009 1:00:23 PM 9616

The Australian market was slightly up on Friday fuelled by resources stocks. The benchmark S&P/ASX200 index closed up 15 points, or 0.37 per cent, to 4062.2, while the broader All Ordinaries index gained 14.8 points, or 0.37 per cent, to 4061.5. The local market has received negative lead from weaker commodities prices. Investors may look towards profit guidance while there could be limited company news scheduled this week.

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Australian Market Report of June 1: Stronger Confidence on More Signs of Recovery

🕔6/1/2009 1:00:40 PM 16233

The Australian share market ended higher on Friday, led by banking stocks. The benchmark S&P/ASX200 index rose 62.4 points, or 1.66 per cent, to 3,818.1, while the broader All Ordinaries index gained 59.4 points, or 1.58 per cent, to 3,813.3.

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Australian Market Report of February 25: Resilient to Bad Leads

🕔2/25/2009 1:00:13 PM 16312

Yesterday the Australian shares were showing their resilience to the bad leads from overseas. The market ended with a modest drop after a rebound from the early losses. The benchmark S&P/ASX 200 ended down 0.6%, or 19.6 points, at 3331.6, while the broader All Ordinaries index also fell 0.6%, or 19.1 points, to 3285.

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    Principal Sector
  • Finance 
  • Principal Industry
  • Financial Services 
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  • www.goodman.com

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