08282016Sun
Last update: Sun, 28 Aug 2016 05am

Australia

Markets - Equity - Australia

Australia shares set for guarded start, NZ flat SYDNEY: Australian shares set for cautious start after a soft finish on Wall Street and ahead of a long-awaited speech by the head of the Federal Reserve that could clarify the outlook for US interest rates.The local share price index futures rose 0.1 percent to 5,518 in early trade. The underlying S&P/ASX 200 index gave up 0.36 percent, or 19.77 points, to close at 5,541.90 on Thursday.New Zealand's benchmark S&P/NZX 50 index was down 0.13 percent in quiet trade.US stocks ended modestly lower on Thursday, weighed down by a drop in healthcare and consumer names, while financials advanced slightly after two more Fed officials pushed the case for a rate hike. Copyright Reuters, 2016 ...

Markets - Equity - Australia

Australia shares poised for flat start, NZ at record highs SYDNEY: Australian shares are likely to start mostly unchanged on Tuesday as they track Wall Street, but a drop in metals and oil prices overnight are expected to weigh on the benchmark index.Local share price index futures slipped 0.1 percent to 5,494 points, a 21.1 point discount to the underlying benchmark, which lost 0.21 percent on Monday.Caltex Australia and Oil Search report half-year figures.New Zealand's benchmark S&P/NZX 50 index hit another record high of 7,481.0 ...

Markets - Equity - Australia

Miners lift Australian bourse at the close, NZ ticks higher SYDNEY: Australian shares gained 0.3 percent on Friday, led higher by mining stocks, while telcos helped take the New Zealand bourse higher. The Australian S&P/ASX 200 index rose 18.88 points to 5,526.70 at the close of trade. The benchmark was 0.1 percent lower for the week.New Zealand's benchmark S&P/NZX 50 index rose 0.27 percent or 20.13 points to finish the session at 7,405.25, up 0.6 percent for the week.Copyright Reuters, 2016 ...

Markets - Equity - Australia

Australian shares set for steady start, NZ flat SYDNEY: Australian shares looked set for a hesitant start after Wall Street made marginal gains and with domestic jobs data and a raft of corporate results looming.The local share price index futures was up 0.1 percent at 5,513 in early trade. The S&P/ASX 200 index ended on Wednesday with a slim gain of 0.05 percent, or 3 points, at 5,535.AMP Ltd reported net profit of A$523 million for the half year and a dividend of ...

Markets - Equity - Australia

Stronger miners help lift Australia bourse at close SYDNEY: Australian shares ended slightly higher on Wednesday with the help of a firmer mining sector. The S&P/ASX 200 index rose 0.05 percent, or 3 points, to finish at 5,535.Mining giant BHP Billiton added 3.2 percent, while Rio Tinto rose 2.2 percent.Both stocks have underperformed the market in the past 12 months, but have managed to outperform the bourse for the year to date.New Zealand's benchmark S&P/NZX 50 index ended 0.6 percent, or 44.35 points ...

Markets - Equity - Australia

Australian shares expected to edge down, NZ higher in early trade SYDNEY: Australian shares are seen slightly lower at Wednesday's open, weighed down by falls on Wall Street.Company results, and the release of wages data at 11:30 a.m., will drive sentiment through the day.The local share price index futures fell 0.1 percent to 5,482 points, a 50-point discount to the underlying S&P/ASX 200 index close. The benchmark fell 7.96 points, or 0.14 percent, on Tuesday.New Zealand's benchmark S&P/NZX 50 index rose 43 points, or 0.6 percent ...

Markets - Equity - Australia

Australia shares close weaker as financials offset resources gains SYDNEY: Gains in Australian energy and natural resources shares were offset by weakness in financials and discretionary stocks on Tuesday. The S&P/ASX 200 index dipped 0.14 percent, or 7.96 points, to 5,532.0 at the close of trade, but remained near the peak of 5,611.2 it touched earlier this month.It has gained 4.5 percent so far this year, largely due to falling interest rates and migration from low-return bank deposits.New Zealand's benchmark S&P/NZX 50 index took ...