06282016Tue
Last update: Tue, 28 Jun 2016 11pm

Australia

Markets - Equity - Australia

Australia shares set to extend rally, NZ stocks up SYDNEY: Australian stocks could open higher on Wednesday following a rebound on Wall Street and with energy firms set to benefit from a jump in oil prices.Stock index futures rose 1.1 percent to 4,953, but were still at a 53.6-point discount to the close of the underlying S&P/ASX 200 index on Monday.The benchmark closed 1.8 percent higher in the last session, ahead of a public holiday on Tuesday.Global miner BHP Billiton is expected to open around 2.8 percent lower after its US ADRs leapt 6 percent.New Zealand's benchmark S&P/NZX 50 index rose 0.6 percent in early trade to touch its highest in three weeks.Copyright Reuters, 2016 ...

Markets - Equity - Australia

Australia, NZ shares rise on Europe stimulus hopes, commodities bounce SYDNEY: Australian shares jumped 1.1 percent on Friday, nudging into positive territory for the week as hopes of more stimulus in Europe and rebounds in prices of iron ore and oil buoyed sentiment.In its first two-day winning streak for the year, the S&P/ASX 200 index gained 52.0 points, or 1.1 percent, to finish at 4,916.0, a rise of 0.5 percent for the week. The benchmark is down 7.2 percent so in 2016.New Zealand's benchmark S&P/NZX ...

Markets - Equity - Australia

Australia shares end higher, investors remain wary MELBOURNE: Australian shares ended up 0.5 percent on Thursday as investors piled into battered stocks following recent steep falls, though sentiment remained shaky with many regional markets turning lower.The S&P/ASX 200 index rose by 22.47 points to 4864 points at the close of trade.New Zealand's benchmark S&P/NZX 50 index fell 0.54 percent or 32.8 points to finish the session at 6,080.9. Copyright Reuters, 2016 ...

Markets - Equity - Australia

Australia shares stage rare bounce, dividends in demand SYDNEY/WELLINGTON: Australian shares bounced on Thursday as funds bought beaten down stocks of companies that offer a reliable dividend payment including the major banks.The S&P/ASX 200 index rose 1 percent to 4,893.1 by midday, though that only recovered part of Wednesday's sharp losses.Technically, dealers said the index was deeply oversold having fallen 7.5 percent in less than three weeks, so a bounce was not unexpected. There was also evidence of solid support under the 4,830 ...

Markets - Equity - Australia

Australia shares hit 2 1/2-yr low, NZ slips on commodities slide SYDNEY: Australian shares fell to a fresh 2 1/2-year low on Wednesday as weak commodity prices battered mining stocks, wiping out all the previous session's gains.The S&P/ASX 200 index dropped 61.6 points, or 1.3 percent, to 4,841.5 at the close of trade, its lowest since mid-2013. The benchmark is down 8.6 percent so far this year.New Zealand's benchmark S&P/NZX 50 index dipped 10.5 points, or 0.2 percent, to finish the session at 6,113.7. Copyright Reuters, ...

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, ...

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 ...