Latest Finance News



Aussie shares close flat

The Australian share market has closed flat on the back of mixed inflation data from China and poor business and consumer confidence figures locally. At the close on Tuesday, the benchmark S&P/..

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Major banks lead market rebound

The major banks are leading the share market's rebound, as investors buy up high yielding stocks. The market has bounced back from Monday's steep fall, though the mining sector is weaker after the ..

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Market bounces back on bank gains

The Australian sharemarket is higher buoyed by strength from the major banks and despite weakness in the resources sector. CMC Markets chief analyst strategist Michael McCarthy said the local bours..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, March 10: AGL - AGL ENERGY - down 33 cents, or 2.19 per cent, at $14.73 AGL Energy is selling back to the NSW government one of its g..

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US stocks lifted by Apple, GM

Wall Street stocks have notched solid gains following the launch of Apple's smartwatch and a General Motors announcement of $US5 billion ($A6.4 billion) in share buybacks. The Dow Jones Industrial ..

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Aussie shares close lower

The Australian share market has closed more than one per cent lower, with investors wary of the increased likelihood of a hike in US interest rates. At the close on Monday, the benchmark S&P/AS..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, March 9: AGO - ATLAS IRON - down one cent, or 5.7 per cent, at 16.5 cents ARI - ARRIUM - down one cent, or 4.9 per cent, at 19.5 cents..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street stocks have finished sharply lower after a strong US jobs report raising expectations the Federal Reserve will soon lift interest..

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Shares fall as iron ore price tumbles

Another fall in the price of Australia's largest export is pulling the share market lower. The price of iron ore in China has dropped below $US60 a tonne, which has delivered a blow to shares in in..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday, March 6: FMG - FORTESCUE METALS GROUP - steady at $2.29 Fortescue Metals Group is bolstering its balance sheet by refinancing $US2.5 b..

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Aussie shares close higher

The Australian share market has closed virtually flat after a choppy session during which investors shrugged off positive retail data. At the close on Thursday, the benchmark S&P/ASX200 index w..

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Big miners weigh on the share market

Fears of a fall in iron ore prices are hitting the big miners and weighing on the share market. Shares in BHP Billiton and Rio Tinto are almost two per cent lower as the World Bank predicts an iron..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, March 5: API - AUSTRALIAN PHARMACEUTICAL INDUSTRIES - up 3.5 cents, or 2.82 per cent, at $1.275 Australian Pharmaceutical Industries..

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Aussie shares close lower

The Australian share market has closed lower, with weak gross domestic product (GDP) figures weighing on sentiment. At the close on Wednesday, the benchmark S&P/ASX200 index was 32.3 points, or..

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Aust market is lower after GDP stats

The Australian sharemarket is lower as three major companies trade ex-dividend and national economic growth figures missed expectations. Australia's economy grew by 0.5 per cent in the December qua..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, March 4: IIN - IINET - up two cents, or 0.3 per cent, at $6.45 Internet provider iiNet has paid more than $200,000 in fines for fai..

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US stocks retreat from records

Wall Street stocks have retreated from record peaks, losing ground after lacklustre US auto sales.The Dow Jones Industrial Average fell 85.26 points (0.47 per cent) to 18,203.37 on Tuesday.The broad-b..

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Share market’s charge halted by RBA

The share market's push toward a 6,000-point milestone has been halted by Reserve Bank's surprise decision to leave interest rates on hold. The market plunged immediately after the RBA announced no..

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Banks lead Aust market higher

The Australian share market is trading higher on the back of expectations of another cut to interest rates, but has eased back on its run towards the 6,000 point mark. The benchmark ASX 200 index h..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, March 3: AZJ - AURIZON - down four cents, or 0.85 per cent, at $4.69 Rail operator Aurizon is warning it faces a $30 million hit to i..

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