Trends - Westpac - Business Recorder

Westpac

Australian shares close higher on mining, energy boost

Australian shares rose on Monday, supported by mining and energy stocks, even as market expectations for a rebound...

Updated 07 Nov, 2022 01:52pm

Markets

Better risk sentiment help antipodeans, but traders wait for US inflation data

HONG KONG: The Aussie and Kiwi dollars were trading near multi-week highs on Thursday as investors turned more...

Published 10 Feb, 2022 09:36am

Markets

ANZ shares near one-year low as home lending competition crimps margins

Australia and New Zealand Banking Group on Monday joined rival Westpac in flagging lower margins and warned of a...

Published 07 Feb, 2022 11:25am

Markets

Australia shares dip on weak corporate earnings, COVID-19 jitters

The S&P/ASX 200 fell 0.6% to 7,539.60 points by 1247 GMT to mark its worst day since July 28. The benchmark snapped a four-day winning streak to close 0.6% lower on Monday

Published 17 Aug, 2021 10:47am

Markets

Australian shares end at record high as CBA boosts financials

US inflation data is due later in the day, and investors believe a higher reading can benefit commodity and related stocks in Australia

Published 11 Aug, 2021 02:23pm

Markets

Australia, New Zealand dollars dragged lower by Delta spread

The kiwi dollar also fell 0.18% to trade at $0.6965 , having buckled to an eight-month trough of $0.6882 last week

Published 26 Jul, 2021 09:51am

Markets

Dollar drives higher as traders look to Fed clues from US jobs data

Morning trading in Asia did not move majors much from those levels, with the euro last at $1.1902 and the yen at 110.58 per dollar. The Aussie bought $0.7517.

Published 30 Jun, 2021 10:56am

Markets

Vicious post-Fed bounce has dollar headed for year's best week

Ahead on Friday the Bank of Japan ends its two-day meeting, but it is expected to maintain its massive stimulus

Published 18 Jun, 2021 10:50am

Technology

Internet outages hit Virgin Australia, Australian lenders

Commonwealth Bank, Westpac and ANZ were among the lenders that tweeted about the outages, as did Virgin Australia.

Published 17 Jun, 2021 11:49am

Markets

Australia, NZ dollars becalmed, bond yields hit 4-month lows

Kent reiterated that the bank did not expect domestic inflation to return to its 2-3% target band until 2024 at the earliest, so policy would need to stay very accommodative.

Published 09 Jun, 2021 12:16pm

Markets

Australia, NZ dollar steady in cautious trade before central bank meetings

The Aussie was unchanged at $0.7713, after gaining 1.5% last month thanks to strength in iron ore and other commodity prices.

Published 03 May, 2021 12:06pm

Markets

Australia, NZ dollars climb as iron ore prices soar

Yields on New Zealand 10-year bonds were trading 4 basis points higher at 1.625%.

Published 26 Apr, 2021 11:20am

Markets

Dollar languishes near three-week lows as traders brace for inflation data

"A strong (CPI) print may re-invigorate inflation fears and lend support to the USD."

Published 13 Apr, 2021 10:50am

Markets

Australia's Westpac sued over consumer credit insurance sales

The regulator did not specify the penalty amount.

Published 08 Apr, 2021 12:16pm

Markets

Australia, NZ dollars extend losses as US recovery supports greenback

The housing curbs triggered a huge rally in debt markets as investors sharply scaled back wagers on a rate hike next year.

Published 29 Mar, 2021 10:52am

Markets

Westpac may find New Zealand hard to leave

A sale would be tricky, though. The big four New Zealand banks - all Australian-owned - control almost 90% of the market, so are unlikely to be allowed to buy.

Published 25 Mar, 2021 01:15pm

Markets

Australia, NZ dollars under water after key chart bulwarks breached

Ten-year bond yields have shed almost 28 basis points this week, the biggest drop since March last year.

Published 25 Mar, 2021 11:28am

Markets

Australia, NZ dollars surf reflation wave, bonds left drowning

The spread of Australian 10-year yields over Treasuries widened out to almost 20 basis points, from zero a couple of weeks ago.

Published 22 Feb, 2021 12:20pm

Markets

Aussie banks balance above topsy-turvy economy

The Melbourne-based bank and peers look well-placed to deal with pain in the pipeline too.

Published 18 Feb, 2021 12:22pm

Markets

Australian dollar slips as RBA expands bond buying, won't hike until 2024

The kiwi dollar held firm at $0.7173, after finding support at $0.7150. It remains far from the January top of $0.7314 and has resistance at $0.7225 and $0.7246.

Published 02 Feb, 2021 12:29pm

Markets

Australia shares jump over 1% as miners, banks rebound

The S&P/ASX 200 index was up 1.1% at 6,725.70 by 2350 GMT, its best session since Jan. 19, after ending about 2% lower on Thursday. But it was on track to rise 1.7% in January, its fourth straight monthly gain.

Published 29 Jan, 2021 12:05pm

Business & Finance

Aussie, kiwi up

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were again challenging chart resistance on Wednesday as...

Updated 28 Jan, 2021 09:29am

Markets

Australia shares stand pat ahead of US stimulus plan, earnings

Advancers outnumbered decliners on the ASX by 635 to 496, a 1.3-to-1 ratio. There were 65 new highs and 38 new lows.

Published 14 Jan, 2021 12:35pm

Markets

Australia, NZ dollars firm, keen to say bye bye to Brexit

The news took a toll on safe haven bonds with Australian 10-year futures falling 6 ticks to 98.9600, implying a yield of 1.04% and back toward a recent low at 98.9200.

Published 24 Dec, 2020 08:57am

Markets

Sterling gains, dollar on back foot amid hopes Brexit deal imminent

The Brexit headlines overshadowed US President Donald Trump's demand for changes to a coronavirus aid bill, effectively threatening a government shutdown next week.

Published 24 Dec, 2020 08:54am

Markets

Australia, NZ dollars hit fresh highs as economies outperform

"A stronger than expected economy certainly goes in that direction, but this needs to be balanced against other developments such as the sharply higher New Zealand dollar."

Published 17 Dec, 2020 09:45am

Markets

China steel futures at near one-week high on demand optimism

However, iron ore on the Singapore Exchange slipped 0.4% to $154.25 a tonne after strong recent gains.

Published 17 Dec, 2020 09:35am

Markets

Australia, New Zealand dollars tread water ahead of Fed meeting

In New Zealand, economists are predicting Thursday's quarterly data will show a large economic rebound for the country's gross domestic product.

Published 14 Dec, 2020 09:06am

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Dec 11 Chakwal Spinning Mills Limited(CWSM)	3.35 ▲ 1.00 (42.55%)
First Elite Cap.Mod / Dec 11 First Elite Capital Modaraba(FECM)	6 ▲ 1.00 (20.00%)
Dar-es-Salaam / Dec 11 Dar-es-Salaam Textile Mills Limited(DSML)	8.49 ▲ 1.00 (13.35%)
Treet Corp. (R) / Dec 11 Treet Corporation Limited (R)(TREETR2)	4.40 ▲ 0.48 (12.24%)
Power Cem(Pref) / Dec 11 Power Cement (Pref)(POWERPS)	9.35 ▲ 1.00 (11.98%)
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	4.66 ▲ 0.47 (11.22%)
Hira Textile / Dec 11 Hira Textile Mills Limited(HIRAT)	2.29 ▲ 0.18 (8.53%)
Tri-Star Mutual / Dec 11 Tri-Star Mutual Fund Limited(TSMF)	5.48 ▲ 0.42 (8.30%)
AEL Textile / Dec 11 AEL Textile Limited(AEL)	26.50 ▲ 1.85 (7.51%)
Burshane LPG / Dec 11 Burshane LPG (Pakistan) Limited(BPL)	22.47 ▲ 1.57 (7.51%)

Stock	Price
Sec. Inv. Bank / Dec 11 Security Investment Bank Limited(SIBL)	4.93 ▼ -0.81 (-14.11%)
Trust Mod. / Dec 11 Trust Modaraba(TRSM)	1.80 ▼ -0.20 (-10.00%)
Next Capital / Dec 11 Next Capital Limited(NEXT)	6 ▼ -0.60 (-9.09%)
LSE Ventures / Dec 11 LSE Ventures Limited(LSEVL)	5 ▼ -0.49 (-8.93%)
Asim Textile / Dec 11 Asim Textile Mills Limited(ASTM)	11.50 ▼ -0.98 (-7.85%)
Crescent Fib. / Dec 11 Crescent Fibres Limited(CFL)	74.02 ▼ -6.00 (-7.50%)
Olympia Mills / Dec 11 Olympia Mills Limited(OML)	14.80 ▼ -1.20 (-7.50%)
Sunrays Textile / Dec 11 Sunrays Textile Mills Limited(SUTM)	111 ▼ -9.00 (-7.50%)
Masood Textile / Dec 11 Masood Textile Mills Limited(MSOT)	53.20 ▼ -4.30 (-7.48%)
J.A.Textile / Dec 11 J.A. Textile Mills Limited(JATM)	47.05 ▼ -3.37 (-6.68%)

Stock	Volume
K-Electric Ltd. / Dec 11 K-Electric Limited(KEL)	342,535,258 ▲ 0.15
WorldCall Telecom / Dec 11 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.05
P.T.C.L. / Dec 11 Pakistan Telecommunication Company Ltd(PTC)	58,736,500 ▲ 0.30
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	56,593,500 ▲ 0.47
Askari Bank / Dec 11 Askari Bank Limited(AKBL)	54,603,000 ▲ 0.47
Fauji Foods Ltd / Dec 11 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.15
Cnergyico PK / Dec 11 Cnergyico PK Limited(CNERGY)	46,684,647 ▼ -0.12
Hascol Petrol / Dec 11 Hascol Petroleum Limited(HASCOL)	37,880,500 ▲ 0.46
Pak Refinery / Dec 11 Pakistan Refinery Limited(PRL)	33,486,950 ▼ -1.00
B.O.Punjab / Dec 11 The Bank of Punjab(BOP)	32,876,325 ▼ -0.03

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 11	284.32
USD PKR Interbank Buying / Dec 11	283.77
USD to Japanese Yen / Dec 11	145.58
USD to Swiss Franc / Dec 11	0.88
Pound Sterling to USD / Dec 11	1.25
Euro to USD / Dec 11	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
Nasdaq / Dec 8	14403.97
Dow Jones / Dec 8	36247.87
India Sensex / Dec 11	69967.53
Tokyo Nikkei / Dec 11	32791.80
Hang Seng / Dec 11	16156.22
FTSE 100 / Dec 11	7549.32
Germany DAX 30 / Dec 11	16771.35
France CAC40 / Dec 11	7538.69

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Crude Oil USD/Barrel / Dec 11	71.63
Gold Spot USD/Ounce / Dec 11	1996.45
Cotton US¢/pound / Dec 11	82.25

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