Latest Finance News



Resources sector drives market gains

The Australian share market rose by more than one per cent as renewed optimism about China's economy prompted investors to pile into resources stocks. IG Markets institutional dealer Chris Weston s..

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Stocks to watch at close on Monday

Stocks to watch on the Australian stock exchange at close on Monday: DJS - DAVID JONES - up 13 cents, or 5.0 per cent, at $2.74 David Jones has offloaded its worst performing division and larges..

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Aussie shares flat but big miners rally

The Australian share market is flat, but the mining giants are bucking the trend to open in firmer territory.CommSec market analyst Steven Daglian said rising commodity prices since the end of last we..

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Soft property market dents GPT profit

Property group GPT has blamed softening market conditions for a 6.7 per cent profit drop.The owner of shopping centres, office blocks and business parks made a net profit of $257 million in the six mo..

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JB Hi-Fi defies retail gloom

B Hi-Fi has defied a difficult trading environment to lift sales and profit, and expects the trend to continue for the next 12 months. The electronics retailer made a net profit of $116.4 million i..

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