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Last update: Wed, 31 Aug 2016 01am

Australia

Markets - Equity - Australia

Sydney stocks fall almost 4pc on early results of Brexit vote SYDNEY: Australia's benchmark stock index sank almost four percent on Friday as results from Britain's European Union referendum pointed towards leaving the bloc.Sydney's benchmark S&P/ASX 200 was down 200.4 points, or 3.9 percent, to 5,080.3 at around 0345 GMT, joining the sea of red across Asian markets."Our financial markets, not just stocks but also the dollar and bond markets, are forward scouts for this particular event," Patersons Securities' economist and market strategist Tony Farnham told AFP."So our markets are reacting to the ebb and flow on whether you believe they are going to 'leave' or 'remain' in the EU. International markets would be showing concern about the uncertain economic ramifications were the UK to vote to leave the EU."All market sectors across the S&P/ASX 200 were weaker, with mining stocks making up the bulk of the top 10 losers about mid-day."Anyone that has got a bit of gold... gold is ...

Markets - Equity - Australia

Australia's ASX lifts stake in US blockchain developer SYDNEY: Australian markets operator ASX Ltd said on Wednesday it was exercising an option to lift its stake in US blockchain developer Digital Asset Holdings, stepping up its interest a technology that backers say can ease information tracking and reduce transaction settlement times. ASX said it would pay $7.16 million to increase its holding in Digital Assets to roughly 8.5 percent from the 5 percent it acquired in January.Blockchain, or distributed ledger, technology maintains a ...

Markets - Equity - Australia

Australia shares rise on optimism Britain to stay in EU; NZ stocks fall SYDNEY: Australian shares rose for a third straight session on Tuesday as investors grew increasingly optimistic the United Kingdom will vote to stay in the European Union. However, shares in New Zealand fell.The S&P/ASX 200 index rose 17.6 points, or 0.3 percent, to 5,274.4 at the close of trade. The benchmark has risen for each of the past three sessions.New Zealand's benchmark S&P/NZX 50 index fell 30.1 points, or 0.4 percent, to finish the session ...

Markets - Equity - Australia

Australia, NZ shares rise as Brexit fears subside MELBOURNE/WELLINGTON: Australian and New Zealand shares rose on Monday as the latest poll showed Britons leaning in favour of staying in the European Union, which spurred a move out of safe-haven gold and back into banking and mining stocks.At 0232 GMT, the S&P/ASX 200 index had gained 61.84 points, or 1.2 percent, to 5,224.50, clawing back some of last week's 3 percent drop.Analysts and investors said the market was likely to remain shaky ahead of ...

Markets - Equity - Australia

Australia, NZ shares end higher but post biggest weekly loss since Feb MELBOURNE: Australian shares ended up 0.3 percent on Friday, but posted their biggest weekly loss since February as markets remained stuck in a holding pattern ahead of Britain's vote over whether it would leave the European Union. The S&P/ASX 200 index closed 16.7 points higher at 5,162.70, down nearly 3 percent for the week. The benchmark finished flat on Thursday when it plumbed the weakest level in nearly two months at 5,141.0.New Zealand's benchmark S&P/NZX ...

Markets - Equity - Australia

Australia, NZ shares rise, but global jitters undermine gains MELBOURNE/WELLINGTON: Australian shares rebounded off a two-month low on Thursday thanks mostly to miners, as the U.S. dollar fell and gold prices rose after the Federal Reserve lowered its economic growth forecasts for this year.The S&P/ASX 200 index picked up 15.24 points, or 0.3 percent, to 5,162.30 by 0401 GMT, recouping just a third of Wednesday's losses.Following five straight sessions of losses, the market opened up strongly but pared early gains in a reminder that ...

Markets - Equity - Australia

Australia shares sink to 2-month lows, NZ boosted by dairy SYDNEY/WELLINGTON: Australian shares dropped to a two-month low on Wednesday hit by falling commodity prices and Brexit concerns, but New Zealand stocks gained helped by strong earnings from a dairy producer.The S&P/ASX 200 index slipped 9.362 points, or 0.2 percent, to 5,193.9 by 0315 GMT. At one point, the index slipped to its weakest since April 19.Financial institutions and major miners led the market lower. The Big Four banks were all down between 0.4 percent ...