Latest Finance News



Aussie shares close lower

The share market has closed lower for a second straight day because of falling oil and iron ore prices. At the close on Tuesday, the benchmark S&P/ASX200 index was down 18 points, or 0.33 per c..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, Jan 13: AGG - ANGLOGOLD ASHANTI - up 14 cents, or 6.2 per cent, at $2.40 EVN - EVOLUTION MINING - up 3.5 cents, or 4.4 per cent, at 8..

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Energy sector leads market lower

The share market has closed lower as oil prices continue to fall. "Lower commodity prices, in particular oil, are putting pressure on the key resources sectors here," CMC Markets chief market strat..

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Aussie shares close lower

The share market has closed lower due to weaker commodity prices and big falls on overseas markets. At the close on Monday, the benchmark S&P/ASX200 index was down 42.9 points, or 0.78 per cent..

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Shares follow commodities lower

The share market remains lower due to weak leads from the US and Europe and sliding commodity prices. The market opened around half a per cent lower and remained at a similar level at noon, followi..

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Job ads rising, but not by enough

More jobs are being advertised but it won't be enough to stem Australia's rising unemployment rate, economists say. Job ads haven risen for the seventh month in a row, rising 1.8 per cent in Decemb..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have dropped, following European equity markets lower, after a mixed jobs report and another decline in oil prices. The Dow Jone..

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Aust market lifts on US lead, oil price

The Australian share market has closed higher for a second session in a row, boosted by a positive lead from US markets and a steady oil price. "We've certainly been led by what's going on in the U..

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Stocks to watch on Friday

Stocks of interest on the Australian Securities Exchange on Friday: NAB - NATIONAL AUSTRALIA BANK - up eight cents, or 0.24 per cent, at $33.42 The chief executive of National Australia Bank's U..

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US stocks soar as oil prices steady

Wall Street stocks have soared for a second day running as oil prices steadied and investors became more confident of monetary stimulus in Europe.The Dow Jones Industrial Average surged 323.35 points ..

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Aussie shares close higher

The Australian share market has closed higher, despite the energy sector again dragging on the broader market. At the close on Thursday, the benchmark S&P/ASX200 index was 27.9 points, or 0.52 ..

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Aust bonds weaken after Fed statement

The Australian bond market is weaker after markets welcomed positive US private sector jobs figures and a steady as she goes statement from the US Federal Reserve. US private payrolls data showed t..

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Building approvals surge to new high

The number of homes approved to be built has hit an all-time high, helped by a surge in apartments and townhouses. Approvals for the construction of new homes rose 7.5 per cent in November, which e..

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Aussie share market modestly higher

The Australian stock market was rallying, with most sectors up at noon, although energy shares continue to be punished. The lift is more modest than in the US, where the main markets all gained mor..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, Feb 8: DLS - DRILLSEARCH - down 3.5 cents, or 4.49 per cent, at 74.5 cents ORG - ORIGIN ENERGY - down 18.0 cents, or 1.59 per cent, ..

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Dow jumps 213 points as US stocks rise

Wall Street stocks have jumped following solid US economic data, joining European equity markets higher and ending a five-day losing streak. The Dow Jones Industrial Average on Wednesday surged 212..

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Aussie shares close lower

The Australian share market has closed lower, pulled back by falls in energy stocks amid fresh lows in oil prices. At the close on Wednesday, the benchmark S&P/ASX200 index was 11.2 points, or ..

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Energy stocks lead Aussie market lower

The Australian share market has opened lower as the oil sector continues to cop a beating from falling oil prices. Quay Equities head of trading Tristan K'Nell said energy stocks were getting absol..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, Feb 7: BHP - BHP BILLITON - down $1.37, or 4.65 per cent, at $28.11 RIO - RIO TINTO - down 89 cents, or 1.52 per cent, at $57.59 ..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street stocks have finished the first trading day of the new year little-changed following lacklustre US economic data and with many mar..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, Jan 5: BDR - BEADELL RESOURCES - up three cents, or 13.33 per cent, at 25.5 cents Gold miner Beadell Resources's share price has risen..

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Share market closes higher

Australia's share market has finished its first session for 2015 on a positive note, with gains across all sectors.But Commsec chief economist Craig James cautioned against reading too much into the f..

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