Latest Finance News



Resources lead flat Aust market

The Australian share market has closed almost flat as a small rally in mining and energy stocks outweighed a weak lead from US markets. CMC Markets chief market analyst Ric Spooner said the Austral..

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Stocks to watch on Monday

Stocks of interest on the Australian Securities Exchange on Monday: A2M - A2 MILK - up 35 cents, or 33.82 per cent, at $1.385 Shares in the A2 Milk Company have surged after it lifted its profit..

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US stocks slide on lower crude prices

US stocks have closed lower for the second straight day as concerns, ranging from a decline in crude oil prices to the global response to the Federal Reserve's interest hike, weighed down the market. ..

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Fed delivers Xmas cheer for investors

Australian shares rallied for a second straight day as investors welcomed the first rise in US interest rates in almost a decade. The ASX jumped 1.5 per cent on top of two per cent increase on Wedn..

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US Fed raises, citing ongoing recovery

The Federal Reserve has raised interest rates for the first time in nearly a decade, signalling faith that the US economy had largely overcome the wounds of the 2007-2009 financial crisis. The US c..

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Stocks to watch on Thursday

Stocks of interest on the Australian Securities Exchange on Thursday: CWN - CROWN RESORTS - up $1.12, or 10.52 per cent, at $11.77 Shares in casinos operator Crown Resorts have surged on Wednesd..

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Aust market up more than 2%

The Australian share market has risen by more than two per cent, breaking a six-day losing streak as investors snapped up bargains. CMC Markets chief market strategist Michael McCarthy said investo..

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Market bounds higher off banks, miners

The Australian share market is higher and making gains as the energy, resources and financial stocks lead a strong recovery. Bounces in the energy and resource sectors led the drive into positive t..

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RBA boss happy housing is cooling

The Reserve Bank governor is relieved that the housing market is showing signs of cooling, especially in Sydney. In an interview with the Australian Financial Review, Glenn Stevens said it was enco..

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Stocks to watch on Wednesday

Stocks of interest on the Australian Securities Exchange on Wednesday: DLX - DULUX GROUP - up two cents, or 0.32 per cent, at $6.31 Dulux Group holds its annual general meeting on Wednesday. ..

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Aust shares slip to lowest levels

The benchmark S&P/ASX200 index has slipped to its lowest level for the year. The S&P/ASX200 benchmark and the All Ordinaries indices have finished below the key psychological 5,000 mark wit..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday: BHP - BHP BILLITON STO - SANTOS Energy sector stocks may find some relief with WTI oil prices rising nearly two per cent.

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Banks weigh on market

The Australian share market is one per cent lower, largely due to weakness in the big four banks and financial stocks. All the major lenders have experienced heavy falls, with the Commonwealth Bank..

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Stocks to watch on Thursday

Stocks of interest on the Australian Securities Exchange on Thursday: BHP - BHP BILLITON RIO - RIO TINTO FMG - FORTESCUE METALS GROUP Miners may find some relief as the iron ore price lift..

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Market recovers to flat, oil improves

The Australian market has bounced back up to flat as energy stocks strike up a recovery. Gains in oil and iron ore players drove the bourse back up despite an early slump from falls in commodity pr..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday: BHP - BHP BILLITON RIO - RIO TINTO FMG - FORTESCUE METALS GROUP Miners are again at risk of suffering a hit to their share va..

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Lower oil, iron ore prices hurt shares

The Australian share market has closed almost one per cent lower as a steep slide in oil prices and a weaker price for iron ore weighed on the energy and mining sectors. CMC Markets chief market an..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street has fallen as energy and raw material stocks take a hit, with oil prices falling to their lowest in nearly seven years. Brent ..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday: BHP - BHP BILLITON RIO - RIO TINTO FMG - FORTESCUE METALS GROUP Miners could see a hit to their share value on Tuesday with the..

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Aust shares finish marginally higher

The Australian share market has finished flat after the major banks failed to hold onto strong gains and as the energy stocks suffered steep falls. A rally among the major bank stocks had lifted th..

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Share market higher despite oil falls

The Australian share market is higher but held in check by the under-pressure oil producers. The financial and industrial sectors led the way up, with all the big banks, except NAB lifting by more ..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have rallied, giving the S&P 500 its biggest gain since early September, as US jobs data suggests the economy is strong enough ..

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