02122016Fri
Last update: Fri, 12 Feb 2016 02am

Australia

Markets - Equity - Australia

Australia shares hit 2 1/2 year trough, NZ down in line with global rout SYDNEY: Australian shares fell to a 2 1/2-year low on Tuesday, joining a slump in global markets as sliding oil prices weighed on energy stocks and concerns about the health of banks reignited worries over global growth. The S&P/ASX 200 index dropped 143.3 points, or 2.9 percent, to close at 4,832.1, its biggest percentage decline since Sept. 29 and its lowest finish since July 2013. The benchmark is now down 8.7 percent so far this year.New Zealand's benchmark S&P/NZX 50 index dipped 82.5 points, or 1.3 percent, to finish the session at 6,071.3, its lowest finish since Dec. 15.Copyright Reuters, 2016 ...

Markets - Equity - Australia

Australian shares close 0.6 percent higher SYDNEY: Australian shares bucked a poor performance by Wall Street to edge 0.6 percent higher on Thursday, aided by a hunt for dividend yield and more merger action.The S&P/ASX 200 index rose to 4976.20 at the close of trade. The benchmark gained 0.6 percent on Thursday.New Zealand's benchmark S&P/NZX 50 index was stable, gaining 0.12 percent or 7.8 points to finish the session at 6,149.70. Copyright Reuters, 2016 ...

Markets - Equity - Australia

Australia shares set to extend rally, NZ stocks up SYDNEY: Australian stocks could open higher on Wednesday following a rebound on Wall Street and with energy firms set to benefit from a jump in oil prices.Stock index futures rose 1.1 percent to 4,953, but were still at a 53.6-point discount to the close of the underlying S&P/ASX 200 index on Monday.The benchmark closed 1.8 percent higher in the last session, ahead of a public holiday on Tuesday.Global miner BHP Billiton is expected to open ...

Markets - Equity - Australia

Australia, NZ shares rise on Europe stimulus hopes, commodities bounce SYDNEY: Australian shares jumped 1.1 percent on Friday, nudging into positive territory for the week as hopes of more stimulus in Europe and rebounds in prices of iron ore and oil buoyed sentiment.In its first two-day winning streak for the year, the S&P/ASX 200 index gained 52.0 points, or 1.1 percent, to finish at 4,916.0, a rise of 0.5 percent for the week. The benchmark is down 7.2 percent so in 2016.New Zealand's benchmark S&P/NZX ...

Markets - Equity - Australia

Australia shares end higher, investors remain wary MELBOURNE: Australian shares ended up 0.5 percent on Thursday as investors piled into battered stocks following recent steep falls, though sentiment remained shaky with many regional markets turning lower.The S&P/ASX 200 index rose by 22.47 points to 4864 points at the close of trade.New Zealand's benchmark S&P/NZX 50 index fell 0.54 percent or 32.8 points to finish the session at 6,080.9. Copyright Reuters, 2016 ...

Markets - Equity - Australia

Australia shares stage rare bounce, dividends in demand SYDNEY/WELLINGTON: Australian shares bounced on Thursday as funds bought beaten down stocks of companies that offer a reliable dividend payment including the major banks.The S&P/ASX 200 index rose 1 percent to 4,893.1 by midday, though that only recovered part of Wednesday's sharp losses.Technically, dealers said the index was deeply oversold having fallen 7.5 percent in less than three weeks, so a bounce was not unexpected. There was also evidence of solid support under the 4,830 ...

Markets - Equity - Australia

Australia shares hit 2 1/2-yr low, NZ slips on commodities slide SYDNEY: Australian shares fell to a fresh 2 1/2-year low on Wednesday as weak commodity prices battered mining stocks, wiping out all the previous session's gains.The S&P/ASX 200 index dropped 61.6 points, or 1.3 percent, to 4,841.5 at the close of trade, its lowest since mid-2013. The benchmark is down 8.6 percent so far this year.New Zealand's benchmark S&P/NZX 50 index dipped 10.5 points, or 0.2 percent, to finish the session at 6,113.7. Copyright Reuters, ...