09272016Tue
Last update: Tue, 27 Sep 2016 10pm

Australia

Markets - Equity - Australia

Australia shares edge up despite weak miners, overseas concerns SYDNEY: Australian shares edged up on Monday despite a weaker resources sector and concerns that events in France and Turkey would weigh on equities markets. The S&P/ASX 200 index ended 0.5 percent, or 28.9 points, higher 5,458.5.Australia's Small Ordinaries index posted its ninth straight positive session, driven by investors seeking opportunities away from underperforming large financial stocks.New Zealand's benchmark S&P/NZX 50 index finished 0.47 percent, or 33 points, higher at 7,105.95. Copyright Reuters, 2016 ...

Markets - Equity - Australia

Australia, NZ shares up again as global rally continues SYDNEY/WELLINGTON: Australian shares rose for a fifth straight day on Wednesday, aided by banking and resources counters and by hopes of economic stimulus in some major countries.At 0216 GMT, the S&P/ASX 200 index was up 15.88 points, or 0.3 percent to 5,369.1, below the day's high of 5,389.3. The benchmark gained 0.3 percent on Tuesday as investors cheered the end of political roadblocks in Britain and at home.But the Australian rally seems to be losing ...

Markets - Equity - Australia

Australian shares seen up 3.9pc this year, do slightly better in 2017 SYDNEY: Australian shares are set for modest gains this year and may do slightly better in 2017 as record low interest rates and a rebound in commodity prices temper some of the concerns over Brexit, and the Chinese and global economies, a Reuters poll found.The benchmark S&P/ASX 200 index has barely changed this year, and the 6,000-point barrier looks out of reach even next year as the end of a mining boom in Australia and ...

Markets - Equity - Australia

Australia shares rise for 4th day, NZ at new record, on political relief SYDNEY/WELLINGTON: Australian shares rose for a fourth straight session on Tuesday as investors cheered the end of political roadblocks in Britain and at home, while New Zealand stocks nudged further into record territory.Britain's ruling Conservative Party elected Theresa May prime minister, filling a leadership vacuum created by David Cameron last month when he resigned after the surprise vote to leave the European Union.Australian Prime Minister Malcolm Turnbull meanwhile held on to power at the weekend ...

Markets - Equity - Australia

Australian and New Zealand join global rally on strong US job report SYDNEY/WELLINGTON: Australian shares leapt on Monday, gaining 1.7 percent by lunchtime, while New Zealand stocks also tracked global markets higher, boosted by a much-larger-than-expected jump in U.S. job growth.The S&P/ASX 200 index added 91.06 points to 5,321.6 by 0206 GMT. The rally follows solid gains on Wall Street on Friday, when the benchmark S&P 500 touched all-time highs after the job report.All sectors posted gains, as Australian shares tracked back towards their pre-Brexit high of ...

Markets - Equity - Australia

Australia shares higher as commodities rally overrides election uncertainty SYDNEY/WELLINGTON: Australian shares rose on Monday as surging commodity prices pushed up resource stocks, overriding political uncertainty that stemmed from an inconclusive result in the local general election over the weekend.After an unusually long eight-week campaign, a general election on Saturday left neither of Australia's two major parties in a position to form a majority government immediately, with commentators suggesting it may take weeks to determine an outcome.The result was especially unnerving for investors, who ...

Markets - Equity - Australia

Australia, NZ shares end higher, join global rally after Brexit shock SYDNEY: Australian shares rose 1.77 percent on Thursday and New Zealand stocks gained 1.37 percent, recovering in part from sharp falls that followed the UK's Brexit vote.The S&P/ASX 200 index added 91 points to 5,233.4 at the close of trade. The benchmark has now recouped two thirds of its 274.4 point fall in the wake of the vote, as markets around the world regain some of their losses.New Zealand's benchmark S&P/NZX 50 index gained 1.37 ...