12092016Fri
Last update: Fri, 09 Dec 2016 04pm

Australia

Markets - Equity - Australia

Australia shares end lower; NZ shares hit record MELBOURNE: Australian shares finished down 0.1 percent on Tuesday, snuffing out an eight-session recovery rally following a slump after Britain's June vote to leave the European Union, while New Zealand shares extended gains to a fresh record. The S&P/ASX 200 index had slipped by 7.2 points to finish at 5,451.30 at the close of trade, having edged up to the highest since last August at 5,466.40 earlier in the day.The benchmark had climbed half a percent on Monday.New Zealand's benchmark S&P/NZX 50 index punched out a new record at 7,154.83 on the close, up by 0.7 percent or 48.88 points.Copyright Reuters, 2016 ...

Markets - Equity - Australia

Australia shares set for flat opening; NZ stocks tread water SYDNEY: Australian shares are seen flat on Tuesday, before the release of last month's central bank meeting minutes later in the morning.The share price index futures rose one point to 5,418 points, a 40.5-point discount to the underlying S&P/ASX 200 index close. The benchmark rose 0.5 percent on Monday and has rallied for eight sessions in a row.New Zealand's benchmark S&P/NZX 50 index edged 0.04 percent lower in early trade. Copyright Reuters, 2016 ...

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 ...