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Last update: Thu, 11 Feb 2016 05am

Australia

Markets - Equity - Australia

Australia shares set to open lower after Wall St skid SYDNEY: Australian shares were set to start lower on Monday in the wake of steep falls on Wall Street and as prices for many of the country's major commodities remain under pressure despite a modest bounce in iron ore.The local share price index futures fell 0.8 percent to 5,021, an 85-point discount to the underlying S&P/ASX 200 index close of 5,106.The benchmark index had ended Friday with a slight gain after a very volatile week saw it fall to the lowest in two-and-a-half years at one point. That trough of 4,909 will act as major chart support and a target for bears.New Zealand's benchmark NZX 50 index fell 0.2 percent in thin early trade.There was no end to BHP Billiton's troubles in Brazil after a judge froze its assets after determining joint venture Samarco was unable to pay for damage caused by the bursting of a dam at its mine ...

Markets - Equity - Australia

Australia shares cut losses to end firm; up 1.5pc for week SYDNEY: Australian shares gave up early losses to end flat on Friday, led by late buying demand in financials stocks, including Commonwealth Bank of Australia .The S&P/ASX 200 index rose 0.09 percent, or 4.69 points, to 5,106.70 at the close of trade. The benchmark jumped 1.5 percent on Thursday and posted its best weekly performance since the week ending Nov. 20. New Zealand's benchmark NZX 50 index rose 0.32 percent or 19.51 points to finish ...

Markets - Equity - Australia

Australia shares rally on global confidence SYDNEY: Australian shares rose 1.46 percent on Thursday, joining a global equities rally as investors piled back into the markets after a US interest rate hike signalled confidence in the world's largest economy.The S&P/ASX 200 index rose 73.55 points to 5,102 at the close of trade, after reaching a high of 5,129.1 earlier in the session. On Wednesday, the benchmark gained 1.91 percent to 5,003.40, recovering from 4,909.60, a trough not seen since July 2013. ...

Markets - Equity - Australia

Australia shares look to break six-day losing streak SYDNEY: Australian shares look set to break a six-session losing streak on Wednesday following a global rally in stocks and risk assets, while a bounce in oil prices provided some relief to energy companies.The local share price index futures rose 1.1 percent to 4957.0, a 48-point premium to the underlying S&P/ASX 200 index close.Any gains would be welcome after the index hit its lowest in two-and-a-half years on Tuesday, ending at4,909.5.New Zealand's benchmark NZX 50 ...

Markets - Equity - Australia

Australian mining stocks sag but climate deal not to blame SYDNEY: Australian mining stocks sagged on Monday, pushing the stock market below the 5,000-level, but the Paris climate agreement had little noticeable impact on a sector already knocked by tanking commodity prices, analysts said.Australia was one of the first major exchanges to open after a global climate agreement was reached in Paris over the weekend, and fossil fuel companies were some of the biggest losers.But CMC Markets chief analyst Ric Spooner said there were too ...

Markets - Equity - Australia

Australia shares seen with a mixed start, NZ stocks up SYDNEY: Australian shares are likely to see cautious trade at the open on Friday with falling iron ore prices likely to cap gains.Local share price index futures edged down 0.1 percent to 5,030, a 7.7-point discount to the underlying S&P/ASX 200 index close on Thursday.The benchmark touched a one-month low in the last session and was on track for a 2.2 percent decline this week. Miners BHP Billiton and Rio Tinto have been hit hard ...

Markets - Equity - Australia

Australia shares extend losses, New Zealand recovers SYDNEY: Australian shares fell for a second session on Wednesday and closed at their lowest in over three weeks as declines in banks offset a rebound in mining and energy stocks.The S&P/ASX 200 index shed 0.55 percent, or 28.11 points, to 5,080.50, extending Tuesday's 0.91 percent decline. Most of the big four banks finished in the red but oil and gas producer Santos climbed 5.7 percent, trimming some of the hefty losses suffered in the ...