05262016Thu
Last update: Thu, 26 May 2016 05pm

Australia

Markets - Equity - Australia

Australian shares seen to extend losses, NZ stocks fall SYDNEY: Australian shares are poised to extend losses on Monday, tracking a decline on Wall Street as concerns about China's slowing economy outweigh upbeat US data.The local share price index futures fell 1.6 percent to 4,850.0, a 140.8-point discount to the underlying S&P/ASX 200 index .AXJO close on Friday.The benchmark fell for a sixth straight session on Friday, its worst start to a year on record.Falling prices of iron ore, the nation's top export earner, are likely to create headwinds for resource stocks. Global miner BHP Billiton's US ADRs shares dropped 3.5 percent in the last session. For a full report, double click on .AXJONew Zealand's benchmark S&P/NZX 50 index eased 0.5 percent in early trade.Copyright Reuters, 2016 ...

Markets - Equity - Australia

Australia, NZ shares rally after Christmas break SYDNEY: Australian shares rose for an eighth straight day on Tuesday, climbing 1.15 percent led by banks and supermarkets while resource stocks continued to weigh on the index.The S&P/ASX 200 index added 59.65 points to close at the day's high of 5,267.30, a level not seen since Dec. 2. The benchmark rose 1.3 percent in a shortened Christmas Eve session on Thursday before a four-day weekend.The index is also set for its best quarterly performance ...

Markets - Equity - Australia

Australia shares rise a 6th straight day, NZ closes at record high SYDNEY: Australian shares rose for a sixth straight session on Wednesday, adding 0.5 percent in thin pre-holiday trade, helped by gains in resources, energy and banking counters.The S&P/ASX 200 index added 25.11 points to 5,141.80 at the close.The index has not had a "Santa Claus rally", continuing its negative run from November. It is down 0.4 percent in December, a far cry from gains of 0.6-3.2 percent for the month in the past three years.New ...

Markets - Equity - Australia

Australia, NZ shares set for strong start after Wall St rally SYDNEY: Australian shares are set to open higher on Wednesday, tracking a rally on Wall Street after crude oil prices showed slight signs of recovery.Rising prices of iron ore, Australia's top export earner, should also underpin natural resources stocks. Global miner BHP Billiton is expected to open around 0.8 percent higher after a gain in its US ADRs.The local share price index futures gained 0.4 percent to 5,093.0, a 23.7-point discount to the underlying S&P/ASX ...

Markets - Equity - Australia

Australia shares inch up, NZ stocks close to record high SYDNEY: Australian shares nudged up 0.1 percent on Tuesday, buoyed by gains in industrials and healthcare stocks.The S&P/ASX 200 index rose to 5,116.7 at the close of trade in the fifth consecutive session of gains. The benchmark has rallied nearly 2 percent since touching a two-year trough last week.New Zealand's benchmark NZX 50 index rallied 0.4 percent or 27.15 points to finish the session at 6,147.970, within striking distance of a record high of 6,162.97 ...

Markets - Equity - Australia

Australia shares edge up, buoyed by industrials, energy SYDNEY/WELLINGTON: Australian shares, which have risen the past four days, were up again early Tuesday, helped by gains in energy and industrials, while New Zealand stocks also advanced.The S&P/ASX 200 index edged up 0.1 percent or 6.05 points to 5,115.6 by 02:16 GMT. The benchmark has rallied nearly 2 percent since touching a two-year trough last week.Industrial shares led the charge with defence ship manufacturer Austal Ltd up 4.7 percent after clinching a contract with ...

Markets - Equity - Australia

Asian stocks subdued, oil makes fresh low SYDNEY: Asian share markets got off to a lacklustre start on Monday following a dive on Wall Street, though losses were limited by a general lack of investor interest in a holiday-heavy week. MSCI's broadest index of Asia-Pacific shares outside Japan was flat, while Australia's main index eased 0.2 percent. Japan's Nikkei slipped 0.9 percent. The market took a hit late Friday after the Bank of Japan announced some changes to its massive stimulus programme ...