07272016Wed
Last update: Wed, 27 Jul 2016 08pm

Australia

Markets - Equity - Australia

Australia shares hit nine month top; NZ index nears 7000 points MELBOURNE: Australian shares ended a tad firmer, having come nine-month highs struck earlier in the session as investors bought stocks in big banks and health care firms investors. With US Federal Reserve Chair Janet Yellen due to speak later in the global day, some caution set in going into the weekend in case she gave any clue to when US interest rates will rise.The S&P/ASX 200 index hit 5,427.70 at midday, its highest level since August, before closing at 5405.90. The benchmark rose 0.3 percent on Thursday.New Zealand's benchmark S&P/NZX 50 index struck a record at 6996.2, its first record high in more than a week and edging ever closer to the 7,000 mark. It climbed 0.6 percent or 44.7 points to finish the session at 6992.6. Copyright Reuters, 2016 ...

Markets - Equity - Australia

NZ shares slightly firmer, Australia eyes subdued start SYDNEY: New Zealand stocks opened a touch higher on Friday, while their Australian counterparts are looking at a similarly subdued start following an unimpressive session on Wall Street and a mixed performance in commodities markets.New Zealand's benchmark S&P/NZX 50 index crept up 0.1 percent, or 6.1 points, to 6,954.0 in early trade.Australia's share price index futures inched up 0.1 percent, or 5.0 points, to 5,398.0, a mere 10-point premium to the underlying S&P/ASX 200 index. ...

Markets - Equity - Australia

Australia shares close higher; energy, miners lead SYDNEY: Australian shares bounced off a two-week low to end in the black on Wednesday, led by gains in the energy and resources sectors as strong U.S. data lifted commodity prices and Wall Street stocks.The S&P/ASX 200 index ended 1.45 percent higher, or 76.9 points, at 5,372.50. The benchmark fell 0.4 percent to a 2-week low on Tuesday.New Zealand's benchmark S&P/NZX 50 index gained 0.5 percent, or 35.38 points, to finish the session at 6,908. ...

Markets - Equity - Australia

Australia, New Zealand shares edge lower SYDNEY/WELLINGTON: Australian shares dipped on Wednesday, falling for the first time in three sessions as revived expectations of an U.S. interest rate hike weighed, though stronger commodities prices offset some of the losses.The S&P/ASX 200 index fell 0.1 percent or 7.74 points to 5,388.1 by 0230 GMT. The benchmark rose 0.69 percent on Tuesday."The market seems to be nervous about U.S. data holding up better than expected and two Fed speakers coming out and being ...

Markets - Equity - Australia

Australia shares gain, healthcare shines; NZ pauses near record high SYDNEY:- Australian shares rose 0.6 percent on Monday, helped by solid gains in healthcare stocks, while the New Zealand market held near recent record levels. The S&P/ASX 200 index ended up 29.91 points at 5,358.90.New Zealand's benchmark S&P/NZX 50 index dropped 0.03 percent or 2.44 points to finish at 6,914.13.Copyright Reuters, 2016 ...

Markets - Equity - Australia

Bonds eclipse stocks as deflation darkens the air SYDNEY: Asian shares skidded on Wednesday as investors fretted about weak global growth and creeping deflation, undermining commodities and boosting demand for safe-haven sovereign debt. European stocks were expected to follow Asia lower, with futures on Britain's FTSE marked down 0.2 percent. Spreadbetters at IG expected Germany's DAX and France's CAC to open down by 0.1 to 0.2 percent. Disappointing manufacturing surveys from China and the UK combined with downgrades to growth and inflation forecasts ...

Markets - Equity - Australia

Australia shares rise to highest in over 6 months; NZ climbs SYDNEY: Australian shares jumped more than 2 percent on Tuesday, to their highest in more than six months, as investors cheered a quarter-point rate cut by the central bank. ANZ Banking Group was the top performer on the index, up more than 5 percent, despite posting the steepest drop in cash earnings since 2008 as investors welcomed moves to focus on growth and protect capital.The S&P/ASX 200 index climbed 110.83 points to 5,353.80 at the ...