09272016Tue
Last update: Tue, 27 Sep 2016 01am

Australia

Markets - Equity - Australia

Australia's stock exchange to open on Tuesday after technology glitch SYDNEY: The Australian Securities Exchange said it will open as normal on Tuesday after a technology glitch in the previous session disrupted trading. A hardware failure in its main database on Monday meant opening was delayed by more than an hour and cut short the afternoon trading by about 90 minutes. But in a statement of its website, the ASX said trading on its equity market would open on Tuesday as normal, to the relief of the market. "One suspects that there will be an air of relief and many will be pleased that the technical glitch happened on a day where corporate news flow was limited and the leads from Wall Street were as flat as you will ever see," said Chris Weston, Chief Market Strategist, IG Markets. "That subdued volatility, however, may change this week with the (Bank of Japan) and (US Federal Reserve) meeting dictating that the ...

Markets - Equity - Australia

Australia shares close lower ahead of US jobs data; NZ flat SYDNEY: Australian shares closed lower for a third consecutive session on Friday as the prospect of strong US jobs data, which could help seal the deal for a Federal Reserve rate rise in the near term, kept investors on tenterhooks. The S&P/ASX 200 index finished 42.76 points, or 0.8 percent, lower at 5372.8. The benchmark, which closed 0.3 percent lower on Thursday, lost about 2.6 percent, or 142.67 points, on the week.Aged care facilities operator ...

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 ...

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 ...