08272016Sat
Last update: Sat, 27 Aug 2016 09pm

Australia

Markets - Equity - Australia

Australia shares at near 1-week low as banks slip; NZ shares steady MELBOURNE: Australian shares fell 0.6 percent on Thursday as negative market sentiment towards the country's financial sector dragged the index to a six-day low.The losses were further fuelled after Australia's No.3 lender Westpac Banking Corp said on Thursday it expects to see higher defaults in the third quarter.The S&P/ASX 200 index ended down at 5,508, after it hit 5483.7 points, the weakest since August 5.New Zealand's benchmark S&P/NZX 50 index was little changed, ending up 0.06 percent at 7,353.83 after closing down 0.18 percent on Wednesday.Copyright Reuters, 2016 ...

Markets - Equity - Australia

Australia shares set to open slightly higher, NZ flat MELBOURNE: Australian shares are poised to open a touch higher on Tuesday, buoyed by iron ore, metals and oil prices, with results from no.4 lender ANZ and hearing implant maker Cochlear potentially lending support.Local share price index futures rose 0.2 percent to 5,494.0, but that was a 43.8-point discount to the underlying S&P/ASX 200 index close. The benchmark climbed 0.7 percent on Monday.New Zealand's benchmark S&P/NZX 50 index slipped 1.5 points to 7,346.8 in early ...

Markets - Equity - Australia

Australia, New Zealand shares rally with banks leading gains SYDNEY/WELLINGTON: Australian shares rallied on Monday, tracking Wall Street's positive lead with banks, miners and energy companies leading gains, while New Zealand stocks were near last week's record high.The S&P/ASX 200 index climbed 0.9 percent, or 49.29 points, to 5,546.7 by 0252 GMT, not far from its highest since August 2015.The benchmark fell 1.2 percent last week, after three consecutive weeks of gains. The index is up nearly 4 percent this year.Financial shares bounced following ...

Markets - Equity - Australia

Australian and New Zealand shares follow Wall Street higher SYDNEY/WELLINGTON: Australian shares rose on Thursday, taking a lead from Wall Street and defying weaker-than-expected retail sales numbers, while New Zealand shares edged higher.The S&P/ASX 200 index rose 0.4 percent, or 22 points, to 5,487.2 by 0316 GMT. But the benchmark remained near two-week lows, after touching a one-year high above 5,600 earlier in the week."What we're seeing is natural profit taking at 5,600," said senior analyst Gary Burton at First Prudential Markets."It doesn't seem ...

Markets - Equity - Australia

Australia shares plumb two-week low; NZ shares slip MELBOURNE: Australian shares fell 1.4 percent on Wednesday as concerns over wholesale funding of the country's financial sector pushed the benchmark index to a two-week low.The S&P/ASX 200 index finished at 5,465.70 points at the close of trade, the weakest since July 20, notching up a loss of 74.94 points. The benchmark fell 0.8 percent on Tuesday, snapping a six-session run of gains.New Zealand's benchmark S&P/NZX 50 index fell 0.7 percent or 51.8 points to ...

Markets - Equity - Australia

Australia, NZ shares fall amid rate cut, oil price drop SYDNEY: Australian and New Zealand shares took a hit on Tuesday amid falling oil prices and a rate cut by the Reserve Bank of Australia that dragged down banking stocks.The S&P/ASX 200 index dropped 0.84 percent, or 46.89 points, to 5,540.50 at the close of trade after Australia's central bank cut its cash rate a quarter point to an all-time low of 1.5 percent.New Zealand's benchmark S&P/NZX 50 index slipped by 0.37 percent, or 27.43 ...

Markets - Equity - Australia

Australia shares end at near 1-year high as interest rate decision looms SYDNEY: Australian shares rallied to a near one-year high on Monday, as growing speculation of a rate cut by the Reserve Bank of Australia this week drove more investors out of bonds and into equities.The S&P/ASX 200 index ended up 25 points, or 0.45 percent, at 5,587.4.The central bank will hold its monthly policy meeting on Tuesday, and a majority of economists expect an interest rate cut of 25 basis points to a new low ...