12082016Thu
Last update: Thu, 08 Dec 2016 05am

Australia

Markets - Equity - Australia

Australian shares set for steady start, NZ flat SYDNEY: Australian shares looked set for a hesitant start after Wall Street made marginal gains and with domestic jobs data and a raft of corporate results looming.The local share price index futures was up 0.1 percent at 5,513 in early trade. The S&P/ASX 200 index ended on Wednesday with a slim gain of 0.05 percent, or 3 points, at 5,535.AMP Ltd reported net profit of A$523 million for the half year and a dividend of 14 cents.Wall Street ended slightly higher on Wednesday after minutes from the Federal Reserve's last policy meeting showed voting members divided over whether to raise interest rates soon.New Zealand's benchmark S&P/NZX 50 index was 0.15 percent firmer at 7,365.Copyright Reuters, 2016 ...

Markets - Equity - Australia

Stronger miners help lift Australia bourse at close SYDNEY: Australian shares ended slightly higher on Wednesday with the help of a firmer mining sector. The S&P/ASX 200 index rose 0.05 percent, or 3 points, to finish at 5,535.Mining giant BHP Billiton added 3.2 percent, while Rio Tinto rose 2.2 percent.Both stocks have underperformed the market in the past 12 months, but have managed to outperform the bourse for the year to date.New Zealand's benchmark S&P/NZX 50 index ended 0.6 percent, or 44.35 points ...

Markets - Equity - Australia

Australian shares expected to edge down, NZ higher in early trade SYDNEY: Australian shares are seen slightly lower at Wednesday's open, weighed down by falls on Wall Street.Company results, and the release of wages data at 11:30 a.m., will drive sentiment through the day.The local share price index futures fell 0.1 percent to 5,482 points, a 50-point discount to the underlying S&P/ASX 200 index close. The benchmark fell 7.96 points, or 0.14 percent, on Tuesday.New Zealand's benchmark S&P/NZX 50 index rose 43 points, or 0.6 percent ...

Markets - Equity - Australia

Australia shares close weaker as financials offset resources gains SYDNEY: Gains in Australian energy and natural resources shares were offset by weakness in financials and discretionary stocks on Tuesday. The S&P/ASX 200 index dipped 0.14 percent, or 7.96 points, to 5,532.0 at the close of trade, but remained near the peak of 5,611.2 it touched earlier this month.It has gained 4.5 percent so far this year, largely due to falling interest rates and migration from low-return bank deposits.New Zealand's benchmark S&P/NZX 50 index took ...

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 ...

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 ...