09292016Thu
Last update: Thu, 29 Sep 2016 08am

Australia

Markets - Equity - Australia

Australia shares slide on Qantas profit warning, resources; NZ hits record SYDNEY: Australian shares slipped on Monday, hurt by a profit warning from Qantas as well as sliding mining and energy stocks after talks by oil exporters on freezing output collapsed, while New Zealand stocks hit a new record. The S&P/ASX 200 index fell 20.4 points, or 0.4 percent, to 5,137.1 at the close of trade. After falling 2 percent in calendar 2015, the benchmark has struggled to make back ground, down another 3 percent so far this year. New Zealand's benchmark S&P/NZX 50 index meanwhile rose 6.5 points, or 0.1 percent, to finish the session at 6,851.2, its fourth record in a row. That index is up 9 percent so far this year. Copyright Reuters, 2016 ...

Markets - Equity - Australia

Australia shares climb with commodities, NZ follows SYDNEY/WELLINGTON: Australian shares rose for a third straight session on Thursday as gains in key commodities such as iron ore and a strong finish on Wall Street helped calm recent jitters.The S&P/ASX 200 index rose 0.9 percent, or 45.45 points, to 5,100.1.That brought gains in the past three sessions to 3.4 percent and took the index to its highest since March 24.Miners led the rally, helped by another hefty rise in iron ore prices. The ...

Markets - Equity - Australia

Asia shares extend rally on China trade relief SYDNEY: Asian share markets extended early gains on Wednesday after upbeat Chinese trade data offered hope the economy was stabilising, underpinning both risk sentiment and commodity prices. China reported exports rose 18.7 percent in yuan terms in March, compared to a year earlier, while imports dipped only a slight 1.7 percent.That was a huge improvement on February, even though data at this time of year tends to be distorted by the new year holidays. The ...

Markets - Equity - Australia

Australia shares set for more losses, NZ gives ground SYDNEY: Australian shares were set to drop for a fourth straight session on Wednesday as local banks remain under pressure and after Wall Street took a spill ahead of what is expected to be a tough US earnings season.The local share price index futures fell 0.4 percent, a 34-point discount to the underlying S&P/ASX 200 index close. The benchmark lost 1.4 percent on Tuesday to hit a one-month low at 4,924.4.New Zealand's benchmark S&P/NZX 50 ...

Markets - Equity - Australia

Australia shares nudge higher with banks, NZ firm SYDNEY/WELLINGTON: Australian shares rose 0.7 percent on Monday as a firmer Wall Street and upbeat U.S. data helped lift markets across Asia, though a fresh drop in oil prices put the energy sector in the red.The S&P/ASX 200 index gained 34.6 points to 5,034.6 by 0340 GMT. That followed a U.S. jobs report that was strong enough to reassure on economic growth without being so hot as to bring forward a hike in interest rates ...

Markets - Equity - Australia

Australia shares set for mixed start, NZ market flat SYDNEY: Australian shares were set for an uncertain start on Monday as pressure on local bank stocks battles with the positive lead from a firmer close on Wall Street and upbeat US economic data.The local share price index futures rose 0.5 percent, leaving it in line with Friday's cash market close of 4999.39.The underlying S&P/ASX 200 index shed 1.6 percent on Friday, led by selling of bank stocks, partly on concerns about the risk of ...

Markets - Equity - Australia

Australia shares end lower, led by banks SYDNEY: Australian shares ended lower on Friday, weighed down by sell-offs in the major banks. The S&P/ASX 200 index dropped 1.64 percent, or 83.385 points, to close at 4999.400. The Big Four Australian banks were a major drag on the index, led by a 2.6 percent fall in Commonwealth Bank of Australia and a 2.1 percent drop in National Bank of Australia. The close put the ASX down 1.5 percent for the week, the second ...