05062016Fri
Last update: Fri, 06 May 2016 10am

Australia

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 200 index close on Tuesday.The S&P/ASX 200 index closed little changed in the last session.New Zealand's benchmark NZX 50 index open steady in early trade and within reach of a record high touched earlier this month.Copyright Reuters, 2015 ...

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 ...

Markets - Equity - Australia

Australia shares set to open lower after Wall St skid SYDNEY: Australian shares were set to start lower on Monday in the wake of steep falls on Wall Street and as prices for many of the country's major commodities remain under pressure despite a modest bounce in iron ore.The local share price index futures fell 0.8 percent to 5,021, an 85-point discount to the underlying S&P/ASX 200 index close of 5,106.The benchmark index had ended Friday with a slight gain after a very volatile week ...

Markets - Equity - Australia

Australia shares cut losses to end firm; up 1.5pc for week SYDNEY: Australian shares gave up early losses to end flat on Friday, led by late buying demand in financials stocks, including Commonwealth Bank of Australia .The S&P/ASX 200 index rose 0.09 percent, or 4.69 points, to 5,106.70 at the close of trade. The benchmark jumped 1.5 percent on Thursday and posted its best weekly performance since the week ending Nov. 20. New Zealand's benchmark NZX 50 index rose 0.32 percent or 19.51 points to finish ...

Markets - Equity - Australia

Australia shares rally on global confidence SYDNEY: Australian shares rose 1.46 percent on Thursday, joining a global equities rally as investors piled back into the markets after a US interest rate hike signalled confidence in the world's largest economy.The S&P/ASX 200 index rose 73.55 points to 5,102 at the close of trade, after reaching a high of 5,129.1 earlier in the session. On Wednesday, the benchmark gained 1.91 percent to 5,003.40, recovering from 4,909.60, a trough not seen since July 2013. ...