Latest Finance News



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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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday: BHP - BHP BILLITON STO - SANTOS Energy sector stocks could be hit on Monday after the price of world oil fell, with WTI dropping be..

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Aust shares close sharply lower

The Australian share market has closed sharply lower after overseas markets fell on the European Central Bank's latest economic stimulus. European and US markets suffered heavy falls after the the ..

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Commodity weakness weighs on stocks

Commodity price weakness has pushed the Australian share market lower as the big miners suffered sizeable falls. Bell Direct equities analyst Julia Lee said falls in the resources sector had led th..

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Stocks to watch on Thursday

Stocks of interest on the Australian Securities Exchange on Thursday: CKF - COLLINS FOODS - up 51.00 cents, or 13.11 per cent, at $4.40 Franchised restaurant operator Collins Foods has returned ..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday: CKF - COLLINS FOODS Collins Foods is expected to post half year results on Wednesday. TPM - TPG TELECOM TPG Telecom holds its..

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Aussie market comforted by China data

The Australian share market has made strong gains as investors took heart from economic data out of China and prices for gold, oil and copper lifted in Asia. OptionsXpress market analyst Ben Le Bru..

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Sharemarket rises as traders buy up

The share market is higher as investors flood back into the market to snap up key mining and banking stocks on the cheap. BHP Billiton led the charge up, bouncing more than three per cent after fin..

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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 The price of iron ore falls $US1.53 to below the $US43 mark. BKL - BLACKMORES Vitamin and..

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Metals prices weigh on Aust market

The Australian share market has closed lower as China's economic slowdown weighs on prices for industrial metals such as copper, nickel and zinc. IG market strategist Evan Lucas said the lower pric..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have ended little-changed in a shortened session a day after the Thanksgiving holiday, with retailers in focus as Black Friday sale..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday: BHP - BHP BILLITON Brazil's government says it will sue mining giants BHP Billiton and Vale for $US5.2 billion ($A7.19 billion) after ..

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Aust stock market fades into red

The Australian share market has faded into the red after a positive start, dragged back by the absence of a lead from US markets, and investor fatigue. US markets were closed on Thursday for the Th..

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Sharemarket retreats, but still higher

The Australian share market has retreated slightly, but remains a third of a per cent higher at noon. Leads in resource stocks kept the bourse in positive territory. BHP Billiton was up 22 cents..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street was closed on Thursday for the Thanksgiving public holiday. LONDON - European stock markets have risen solidly for a second da..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange at noon: ORL - OROTON GROUP Oroton Group has its annual general meeting on Friday. PMV - PREMIER INVESTMENTS Premier Investments has its an..

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Banks save bourse from negative close

The Australian share market has retreated from one per cent gains to end modestly higher. The bourse was up a third of a per cent, boosted by the banking sector but pulled down by resources stocks...

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Banks push bourse one per cent higher

The Australian share market is one per cent higher, as gains by the banks eclipse losses by the miners. After two days of losses, investors were in a buying mood, with all four big banks up more th..

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International markets roundup

A roundup of trading on major world markets. NEW YORK - US stocks are higher following a stream of mixed economic data in the last trading session ahead of the Thanksgiving holiday. In the final..

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