Latest Finance News



Aust stocks push through 5,500 mark

The Australian share market is higher after positive leads from Wall St last week, but the opening gains have slowed. Investors appear unwilling to push the market beyond the 5,550 mark, Invast chi..

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Aussie share market closes higher

The Australian share market has closed slightly higher as investors bide their time ahead of developments in the US and Europe. IG market analyst Evan Lucas said investors were waiting for the rele..

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Peters ice-cream set to go French

The Drumstick and Choc Wedge ice-cream could be about to go the way of iconic Australian brands Victoria Bitter and Victa Lawnmowers and be sold overseas. The world's second largest ice-cream produ..

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Spotless makes strong return to market

Cleaning and catering services firm Spotless Group has made a strong return to trading on the Australian Securities Exchange.Spotless shares opened at $1.75, 15 cents above their issue price of $1.60,..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday, May 23: CTX - CALTEX AUSTRALIA - up 40 cents, or 1.8 per cent, at $22.30 Caltex Australia will sell four petrol stations to win approv..

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Good manufacturing data weigh on bonds

The Australian bond market is flat after some positive manufacturing data improved market sentiment.Chinese manufacturing activity hit a five month high in May and US factory output growth in May hit ..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street stocks finished higher following mixed US economic data as a closely watched index of small-cap equities outperformed the broader..

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Stocks to watch at lunch

Stocks to watch on the Australian stock exchange at noon on Thursday: CTX - CALTEX AUSTRALIA - up 50 cents, or 2.3 per cent, at $22.40 Caltex Australia will sell four petrol stations to win appr..

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Stocks to watch at close on Wednesday

Stocks to watch on the Australian stock exchange at close on Wednesday: ABC - ADELAIDE BRIGHTON - down 22 cents, or 5.87 per cent, at $3.53 Construction materials firm Adelaide Brighton expects ..

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Iron ore price drop weighs on shares

The share market has opened lower as further falls in the price of Australia's largest export, iron ore, hit the mining sector. Fortescue Metals was one of the worst early performers, after the spo..

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Budget a blow to consumer confidence

There is more evidence that last week's federal budget has dealt a blow to consumer confidence.The Westpac Melbourne Institute Index of Consumer Sentiment fell by 6.8 per cent in May to 92.9, its lowe..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, May 21: ABC - ADELAIDE BRIGHTON - up three cents, or 0.8 per cent, at $3.75 Adelaide Brighton holds its annual general meeting on W..

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US stocks fall on weak retail earnings

Wall Street stocks have slumped on a batch of mostly-disappointing retail earnings and after a US Federal Reserve official endorsed a speedier rise in benchmark interest rates than some expect. The..

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Aussie shares higher in bargain search

The Australian share market has closed higher as bargain hunters moved in following falls in morning trade. The fortunes of the local market reversed in the second half of the day as traders looked..

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