Latest Finance News



ASX on 6,000 point brink

The Australian sharemarket almost breached the 6000 point mark this week for the first time since 2008. Traders got nervous and booked profits rather than bid it higher to those pre-global financia..

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Rate cut talk pushes share market higher

Speculation about a rate cut next week has buoyed the big banks and lifted the share market, securing a sixth consecutive week of gains.Disappointing December quarter capital expenditure data has boos..

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Aussie shares close higher

The Australian share market has closed higher, ending the earnings season on a positive note, despite supermarket operator Woolworths dragging on sentiment. At the close on Friday, the benchmark S&..

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Stocks to watch on Friday

Stocks of interest on the Australian Securities Exchange on Friday: ALL - ARISTOCRAT LEISURE - down 13 cents, or 1.75 per cent, at $7.31 Gaming company Aristocrat Leisure hold its annual general..

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Aust shares close lower

The sharemarket has retreated from its seven-year high after three days of gains, with investors thought to be taking profits in the industrial and financial sectors. The falls on the ASX followed ..

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Aussie shares close lower

The Australian share market has closed lower, retreating after three straight sessions of gains. At the close on Thursday, the benchmark S&P/ASX200 index was 36.4 points, or 0.61 per cent, lowe..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday: CVW - CLEARVIEW - down one cent, or one per cent, at $1.03 Life insurer and financial adviser ClearView Wealth's half year profit ha..

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US stocks flat on mixed earnings reports

Wall Street stocks have dipped from record highs in opening trade on Wednesday following mixed earnings reports.Five minutes into trade, the Dow Jones Industrial Average was at 18,197.37, down 11.82 p..

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Shares rise to another seven year high

The share market has edged to yet another seven year high despite major stocks falling as they traded without dividends. The cutoff to receive the latest dividends from Telstra, Santos and Woodside..

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Aussie shares close higher

The Australian share market has closed moderately higher, but dragged back by falls among energy players and telco giant Telstra, which paid out dividends. At the close on Wednesday, the benchmark ..

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The Aussie stock market is flat

The Australian stock market is flat following lacklustre earnings and low wage price data. IG Markets strategist Evan Lucas said it was hard to say exactly why there was so little movement. The ..

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$A higher on local data, Fed remarks

The Australian dollar is three quarters of a US cent higher, helped by a US Federal Reserve in no hurry to hike its interest rate and some positive local economic data.At 1200 AEDT on Wednesday, the l..

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Share market opens flat

The market has opened flat despite fresh records on Wall Street on the back of positive congressional testimony by US Federal Reserve chair Janet Yellen about interest rates. CommSec chief economis..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, Feb 25: AGO - ATLAS IRON - down 0.5 cents, or 2.4 per cent, at 20 cents Junior miner Atlas Iron will continue to aggressively cut c..

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BHP boosts Aussie share market

The Australian share market has closed slightly higher, boosted by what investors considered a good financial result from BHP Billiton despite a big drop in the global miner's profit. CMC Markets c..

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Market steady on busy day of earnings

The Australian share market is pushing higher after market heavyweight BHP Billiton increased its dividend and announced fresh cost cutting. On a busy day of corporate earnings reports, BHP Billito..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, Feb 24: BLY - BOART LONGYEAR - up one cent, or five per cent, at 21 cents Troubled drilling company Boart Longyear halved its full ye..

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US stocks pause ahead of Fed testimony

US stocks have finished little changed following lacklustre housing data on the eve of congressional testimony by Federal Reserve chair Janet Yellen. The Dow Jones Industrial Average on Monday decl..

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Shares post strong start to the week

Strength in the financial and property sectors has lifted the share market. Shares were weaker in early trade, despite signs that Greece may be granted a vital four month extension on its debt repa..

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Aussie shares close higher

The Australian share market has closed higher, with the big banks offsetting falls among the miners. At the close on Monday, the benchmark S&P/ASX200 index was 26.5 points, or 0.45 per cent, hi..

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