Australia
Friday, 26 April 2013 04:36
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SYDNEY: Australian shares are poised for a firm start on Friday tracking positive sentiment on Wall Street on stronger-than-expected earnings and a large drop in weekly jobless claims. Major mining stocks could lend support to the market on strong metals prices.BHP's shares are poised to open 2 percent higher, based on trading in BHP ADRs on Wall Street.Stock index futures rose to 5,127, a 12 point rise. The S&P/ASX 200 index climbed 86.2 points to finish at 5,102.4, on Wednesday. There was no trade on Thursday 25th the for ANZAC day public holiday in Australia and New Zealand.New Zealand's benchmark NZX 50 index rose 4.68 points to 4,542.66 in early trade.US stocks rose on Thursday, lifted by stronger-than-expected earnings and a large drop in weeky jobless claims. Amazon reported solid first-quarter profits after the closing bell. Its shares fell 3.9 percent to $264 in after-hours trading, more than offsetting the ...
SYDNEY/WELLINGTON: Australian shares jumped 1.3 percent in midday trade on Wednesday, as banking stocks soared and as benign inflation data strengthened the case for more interest rate cuts.Financials were led higher by Westpac Banking Corp climbing 2.1 percent to A$32.36 and top lender the Commonwealth Bank of Australia advancing 2 percent to A$71.45. Both stocks were at an all-time high."It's basically all about the yield play in the market at the moment, I think everyone's ...
LONDON: Britain's top share index slipped to a 10-week closing low on Wednesday, pulled down by resource stocks on mounting concerns that global growth could weaken, hurting demand for commodities.The FTSE mining index fell 3.1 percent, the biggest sectoral decliner, followed by the oil and gas index , down 1.8 percent as investors dumped the sectors after recent economic data from China and the United States.Already fragile sentiment got a further beating after the International ...
TORONTO: Canada's gold miners plunged on Monday, dragging the country's main stock index to a five-month low as weaker-than-expected Chinese data prompted a wholesale retreat from bullion and a string of commodities.The Toronto Stock Exchange's S&P/TSX composite index unofficially closed down 332.71 points, or 2.70 percent, at 12,004.88.That was its sharpest one-day fall since June 21 last year and took the resource-rich index to its lowest close since Nov 16.<Center><b><i>Copyright Reuters, 2013</b></i><br></center> ...
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