Latest Finance News



Aussie market up more than 1pc

The Australian share market has made its best single-day gain in a month as investors snapped up beaten-down stocks. CMC Markets chief market analyst Ric Spooner said the jump in the market was sur..

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Stocks to watch on Friday

Stocks of interest on the Australian Securities Exchange on Friday: AGL - AGL Energy - up two cents, or 0.1 per cent, at $16.13 The power company is in talks to sell its $500 million stake in Au..

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Aussie market lower at noon

The Australian share market is trading lower despite gains on US markets overnight. "It (the market) started with a bit of enthusiasm but petered away very quickly," Phillip Capital senior client a..

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Stocks to watch on Thursday

Stocks of interest on the Australian Securities Exchange on Thursday: FMG - FORTESCUE METALS GROUP - down four cents, or 1.67 per cent, at $2.36 Fortescue Metals reportedly set up a Singapore co..

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US stocks fall as dollar surges

Wall Street stocks have fallen sharply on a strengthening US dollar despite news of Charter Communication's $US78.7 billion ($A100.6 billion) deal to buy Time Warner Cable. The Dow Jones Industrial..

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Stocks to watch on Wednesday

Stocks of interest on the Australian Securities Exchange on Wednesday: ABC - ADELAIDE BRIGHTON - up three cents, or 0.66 per cent, at $4.58 Construction materials group, Adelaide Brighton holds ..

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Miners and banks push market higher

The share market has strung together its longest winning streak in almost four months as a rising iron ore price boosted the mining sector. Both the benchmark S&P/ASX200 and broader All Ordinar..

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Bargain hunters push stocks higher

The Australian share market is higher at noon as bargain hunters swoop on undervalued stocks. OptionsXpress analyst Ben Le Brun said bargain hunters had been active since last week following falls ..

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Stocks to watch on Tuesday

Stocks of interest on the Australian Securities Exchange on Tuesday: ALL - ARISTOCRAT LEISURE - down one cent, or 0.13 per cent, at $7.87 Poker machine supplier Aristocrat Leisure releases its h..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street markets were closed for the Memorial Day public holiday. PARIS - The Paris Bourse has closed lower in a low-key session, with ..

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Corporate deals push market higher

The share market has enjoyed its strongest gain in a month as bargain hunters moved in and merger and acquisition activity stirred investor interest. The key S&P/ASX200 index closed one per cen..

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Stocks to watch on Monday

Stocks of interest on the Australian Securities Exchange on Monday: BHP - BHP BILLITON - up one cent, or 0.03 per cent, to $29.25 FMG - FORTESCUE METALS GROUP - down one cent, or 0.47 per cent, ..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street stocks have finished lower in light pre-holiday trade after Federal Reserve Chair Janet Yellen said the plan to raise interest ra..

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Banks weigh on Aust share market

The share market has finished flat after weakness among the big four banks offset strong gains among energy stocks. The market had opened higher thanks to strong leads from the US and with stronger..

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Aust shares close flat

The Australian share market has closed flat, with a lacklustre performance from the big banks dragging on the broader market. At the close on Friday, the benchmark S&P/ASX200 index was 2.4 poin..

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Aust share market almost flat

The share market has pulled back from a solid start to be relatively flat at noon. IG market strategist Stan Shamu said weakness among the banks had changed the direction of the market. He said ..

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Stocks to watch on Friday

Stocks of interest on the Australian Securities Exchange on Friday: BHP - BHP BILLITON - up 42 cents, or 1.46 per cent, to $29.24 Mining giant BHP Billiton has been hit with a $US25 million fine..

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Shares rise after quiet overseas trade

The share market has opened higher as investors strike to take advantage of recent falls. The strongest early gains came in the healthcare and industrial sectors, with miners and the big banks rela..

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Stocks to watch on Thursday

Stocks of interest on the Australian Securities Exchange on Thursday: BLD - BORAL - up two cents, or 0.32 per cent, at $6.26 Boral chairman Bob Every will resign his position at the company's an..

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