02062016Sat
Last update: Sat, 06 Feb 2016 04pm

Australia

Markets - Equity - Australia

Australia shares close higher, up 0.8pc for quarter SYDNEY: Australian shares rose 0.5 percent on Monday supported by data showing a rise in credit, and market expectations of stimulus steps in China, the country's largest export market. The S&P/ASX 200 index added 27.9 points to 5,394.8 at the close of trade. The benchmark added 0.3 percent on Friday, and is up 0.8 percent for the first quarter of 2014. New Zealand's benchmark NZX 50 index slipped 0.1 percent or 2.9 points to finish the session at 5,140.0. Copyright Reuters, 2014 ...

Markets - Equity - Australia

Australia shares up as investors seek bargains, China PMI survey caps gains SYDNEY: Australian shares reversed early losses to rise 0.2 percent on Monday as investors piled into cheaper banks and resource stocks, though gains were capped as a manufacturing PMI survey for China showed reduced activity for March.Activity in China's factories shrank again in March as output and new orders both weakened, a preliminary private survey showed. The flash Markit/HSBC Purchasing Managers' Index fell to an eight-month low of 48.1 in March from February's final reading ...

Markets - Equity - Australia

Australia shares slide as Yellen spooks investors; Myer hit by soft guidance SYDNEY: Australian shares fell 0.9 percent on Thursday morning after Federal Reserve Chair Janet Yellen rattled investors by suggesting that interest rate hikes may come sooner than previously thought. Yellen's comments jolted US bond and stock prices lower, with Australian equities falling in sympathy as traders recalibrated the timeline for the Fed's policy tightening. The Fed will probably end its massive bond-buying program this fall, and could start raising interest rates earlier than expected, Yellen ...

Markets - Equity - Australia

Australia shares choppy, banks offer support as Fed in focus SYDNEY: Australian shares were little changed in choppy trade on Wednesday, with investors remaining cautious even as the threat of a military conflict in Ukraine eased and ahead of a looming policy review by the US Federal Reserve. The market has drifted lower in March after rallying 4.1 percent in February, as tensions in Ukraine and disappointing data from China soured sentiment. On Tuesday, US stocks climbed for a second straight session, with the S&P ...

Markets - Equity - Australia

Australia shares rebound from 1-month lows, up 0.6pc as miners support SYDNEY: Australian shares rebounded from one-month lows to add 0.6 percent on Tuesday after Wall St climbed overnight and major miners found support as copper steadied. The 'Big Four' banks all rose, with Australia and New Zealand Banking Group added 0.8 percent and National Australia Bank climbed 0.9 percent.Second-tier Bank of Queensland Ltd was up 1.9 percent at A$12.70 after it touched a 4-1/2 year high of A$12.80 earlier in the session. "We think the ...

Markets - Equity - Australia

Australia shares close at 1-month lows, Ukraine concerns weigh SYDNEY: Australian shares dropped 0.2 percent on Monday to one-month lows as investors were unnerved by tensions between the West and Russia over the referendum results in Crimea, helping buoy safe-haven gold stocks and limiting broad market losses. The S&P/ASX 200 index fell 11.8 points to 5,317.6 at close of trade. The benchmark dropped 1.5 percent on Friday.New Zealand's benchmark NZX 50 index edged 0.2 percent higher to finish the session at 5,088.0. Copyright Reuters, ...

Markets - Equity - Australia

Australia shares hover at 1 month lows on Ukraine worries, gold stocks shine SYDNEY: Australian shares were hovering at one-month lows on Monday morning, as investors were unnerved by tensions between the West and Russia over the referendum results in Crimea, helping buoy safe-haven gold stocks and limiting broad market losses. The financial sector was on the backfoot, with Commonwealth Bank of Australia slipping 0.5 percent. Mid-tiers Adelaide and Bendigo Bank Ltd and Bank of Queensland Ltd shed 0.2 percent and 0.7 percent, respectively. Russian state media said ...