Latest Finance News



Aussie shares close higher

The Australian share market has closed higher, with the sharp rise in shares in takeover target Toll Holdings giving a bullish tone to the broader market. At the close on Wednesday, the benchmark S..

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Toll takeover offer buoys market

The share market is higher as the impact of a massive takeover offer for logistics group Toll and rising energy prices offsets weakness in the financial sector. It was a volatile morning of trade d..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, Feb 18: AIO - ASCIANO - down 10 cents, or 1.6 per cent, at $6.31 Port and rail operator Asciano says it is getting tougher to meet ..

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US stocks up; S&P 500 hits new record

US stocks have shrugged off the latest stumble in Greek debt talks as the S&P 500 edged to a new closing high.The S&P 500 gained 3.35 points (0.16 per cent) to 2,100.34, posting the second straight re..

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Aussie shares close lower

The Australian share market has closed lower, pulled down by the banking sector, particularly the CBA and ANZ banks. At the close on Tuesday, the benchmark S&P/ASX200 index was 30.5 points, or ..

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Market pulled down by two major banks

The share market is lower as Commonwealth Bank lost value after paying a dividend and ANZ's trading update disappointing investors. Commonwealth Bank was down about 2.5 per cent after paying its ha..

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Question is when, not if, RBA will cut

The Reserve Bank is widely expected to take a razor to interest rates again in coming months, but economists are divided on the timing. The minutes of the RBA's February meeting, released on Tuesda..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street was closed for the Presidents Day public holiday. LONDON - European stocks closed slightly off as investors awaited the outcom..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, Feb 17: ANZ - ANZ BANKING GROUP - up 13 cents, or 0.4 per cent, at $35.87 The head of ANZ's Australian operations has quit and will b..

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Aussie shares close higher

The Australian share market has closed higher, selling off in early trade, but recovering as the session wore on. At the close on Monday, the benchmark S&P/ASX200 index was 11.2 points, or 0.19..

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$A down as traders wait for leads

The Australian dollar is relatively steady with no significant economic data or events to drive the currency market. At 0700 AEDT on Monday, the local unit was at 77.79 US cents, down from 77.87 ce..

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Aurizon profit nearly triples

Aurizon's shareholders are set for higher cash returns, with low iron ore and coal prices leaving the rail operator cool on expensive growth projects.The company, Australia's largest rail freight haul..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, Feb 16: AHE - AUTOMOTIVE HOLDINGS - up eight cents, or 2.2 per cent, at $3.79 Australia's largest car and truck retailer has lifted it..

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S&P 500 closes at new record high

The S&P 500 has closed at a fresh record high, while the Dow ended above 18,000 for the first time in 2015 following good economic data out of Germany. The broad-based S&P 500 gained 8.51 p..

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Shares rally to a six year high

The share market has rallied to a six year high due to Rio Tinto's massive shareholder returns, rising oil prices and optimism from a ceasefire agreement in Ukraine. The market's strongest one day ..

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Strongest session for shares since Xmas

The share market is enjoying its strongest session in eight weeks on the back of Rio Tinto's massive shareholder returns, rising oil prices and optimism from a ceasefire agreement in Ukraine. The A..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday:AHE - AUTOMOTIVE HOLDINGS - down eight cents, or 2.1 per cent, at $3.71The car dealership owner reports its half year results on Friday.NCM -..

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US stocks rise on Ukraine deal

US stocks have posted solid gains, rallying on news of a ceasefire in Ukraine as strong earnings from Cisco lifted the technology sector. The Dow Jones Industrial Average on Thursday advanced 110.2..

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Jobless rise dents share market

The highest unemployment rate in more than 12 years has dented the share market, with concerns about a slowing economy hitting the banks. The market dropped after the release of official figures sh..

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Shares lower in volatile trade

The share market is lower after a volatile morning of trade, caused by mixed company earnings, a rise in unemployment, and a falling Australian dollar and oil price. The All Ordinaries index was do..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, Feb 12: AGL - AGL ENERGY - up 62 cents, or 4.3 per cent, at $15.08 AGL offered customers less discounts on their power bills to boos..

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Market lower

The Australian sharemarket has finished weaker because of disappointing company results and continued commodity price weakness. Despite a positive start, the local bourse lost ground on Wednesday, ..

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Market lower after soft profit reports

The sharemarket is lower after disappointing results from CSL and Suncorp Group sent their stocks dipping, while falling oil prices dented the energy sector. Shares in market heavyweight, the Commo..

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