Wednesday, 27 March 2013 04:05
Posted by Imaduddin
SYDNEY: Australian shares are seen rising on Wednesday after the Dow Jones Industrial Average posted a record close as strong data boosted investor sentiment, with mining and energy stocks expected to find some support on steadier resource prices.Local share price index futures rose 0.2 percent to 4,965, a 14.8-point premium to the underlying S&P/ASX 200 index close. On Tuesday, the benchmark fell 0.8 percent to its lowest close since February 7.New Zealand's benchmark NZX 50 index rose 0.5 percent or 22.5 points to 4,368.5 in early trade.US stocks rallied on Tuesday, with the Dow climbing more than 100 points to a record close and the S&P 500 coming within striking distance of its all-time closing high, as strong data on home prices and manufacturing fed optimism about the economy.Brent crude rallied to settle up more than $1 above $109 a barrel, after US crude had surged to a five-week high ...
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SYDNEY: Australian shares are seen rising on Wednesday after the Dow Jones Industrial Average posted a record close as strong data boosted investor sentiment, with mining and energy stocks expected to find some support on steadier resource prices.Local share price index futures rose 0.2 percent to 4,965, a 14.8-point premium to the underlying S&P/ASX 200 index close. On Tuesday, the benchmark fell 0.8 percent to its lowest close since February 7.New Zealand's benchmark NZX 50 index rose 0.5 percent or 22.5 points to 4,368.5 in early trade.US stocks rallied on Tuesday, with the Dow climbing more than 100 points to a record close and the S&P 500 coming within striking distance of its all-time closing high, as strong data on home prices and manufacturing fed optimism about the economy.Brent crude rallied to settle up more than $1 above $109 a barrel, after US crude had surged to a five-week high ...
SYDNEY: Australian shares are seen falling on Tuesday following losses on Wall Street as investors worry about the prospects for Cyprus and the euro zone, and weaker metal prices may hit mining stocks.Local share price index futures fell 0.9 percent to 4,960, a 30.2-point discount to the underlying S&P/ASX 200 index close. The benchmark rose 0.5 percent on Monday.New Zealand's benchmark NZX 50 index inched up 0.2 percent, or 6.6 points to 4,347.4 in early ...
SYDNEY: Australian shares are set to rebound from three days of losses on Thursday, after the Federal Reserve reaffirmed its commitment to easing policy, but sentiment will remain cautious on Cyprus and uncertain demand in China.Local share price index futures was up 0.4 percent at 4,984.0, a 16.6-point premium to the underlying S&P/ASX 200 index close. The benchmark fell 0.4 percent on Wednesday.New Zealand's benchmark NZX 50 index inched up 0.1 percent to 4,355.7 in ...
