Latest Finance News



Big miners push ASX to two-week high

A recovery in iron ore prices has propelled the big miners, pushing the Australian share market to a two-week high. Mining giant BHP Billiton share prices rose to levels last seen in early March, w..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - The Nasdaq extended its closing record with strong boosts from Amazon, Microsoft and Google. The Nasdaq Composite Index added 36.02 points..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, April 27: APO - APN OUTDOOR - steady at $3.24 Billboard owner APN Outdoor has reaffirmed its prospectus forecasts of eight per cent gr..

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Nasdaq adds to record

The Nasdaq solidly s extended its closing record with strong boosts from Amazon, Microsoft and Google. That proved enough to edge the S&P 500 up to a new high as well, with overall trade furthe..

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Aussie shares higher on iron ore rally

The Australian sharemarket ended the week strongly, with gains on the back of a rally in iron ore prices from decade lows. A 1.5 per cent gain on the ASX200 on Friday meant it ended the week 0.9 pe..

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Aussie shares close higher

The Australian share market has closed higher, with gains across all sectors. At the close on Friday, the benchmark S&P/ASX200 index was 88.5 points, or 1.51 per cent, higher at 5,933.3, while ..

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Resources stocks lead ASX higher

Gains among Australia's biggest miners have pushed the Australian sharemarket higher at noon. The local bourse is more than one per cent stronger as optimism about commodities offsets a lacklustre ..

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Shares higher on mining gains

The share market has closed higher as gains by the big miners offset losses in the financial sector. The roles had been reversed from recent days, with big miners performing strongly on higher iron..

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Weak China data send shares lower

The share market has fallen after the release of weak manufacturing data from the world's second largest economy. Factory activity in China contracted at its fastest rate in a year in April, accord..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, April 23: AHY - ASALEO CARE - up 1.5 cents, or 0.8 per cent, at $1.87 The company behind Sorbent toilet paper and Libra tampons is o..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, April 22: BXB - BRAMBLES - down 27 cents, or 2.4 per cent, at $11.04 Logistics giant Brambles has reaffirmed its full year profit g..

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Global factors push shares higher

The share market has closed higher as positive offshore leads outweighed concerns about the local economy. "The market was pretty strong out of the blocks this morning but that tempered a little bi..

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Aussie shares higher

The Australian sharemarket is posting gains on the back of positive offshore leads, China's new stimulus package and rises in some commodities prices. However it gave up some of the morning's gains..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange at close on Monday: AIO - ASCIANO - down 10 cents, or 1.55 per cent, at $6.36 Rail and port operator Asciano's chief executive John Mullen is pre..

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Aussie shares close lower

The Australian stock market closed weaker, with most sectors in the red after heavy sell-offs on overseas markets. US and European markets fell on Friday night and hopes that monetary easing in Chi..

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Aust shares trading lower

The Australian stock market is trading lower, with most sectors in retreat following soft leads from overseas. The market is around one per cent lower, pushing it further away from the much-anticip..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have tumbled on fresh worries about a Greek debt default as US President Barack Obama called on Greece to enact reforms. The Dow..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, April 20: AGL - AGL ENERGY - down nine cents, or 0.6 per cent, at $14.98 Electricity giant AGL will close its coal fired power station..

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Heavy fall caps bad week for shares

The share market has suffered its heaviest fall in three weeks due to weak US economic data and concerns about Greece's debt problems. All sectors of the market fell, although gains in oil prices k..

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US stocks edge lower

US stocks have finished barely lower following mixed earnings and lacklustre economic data as worries about Greece's finances returned to the forefront. The Dow Jones Industrial Average dropped 6.8..

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Stocks to watch on Friday

Stocks of interest on the Australian Securities Exchange on Friday: FMG - FORTESCUE METALS GROUP - up 10 cents, or 5.39 per cent, at $1.955 Fortescue Metals has achieved a significant reduction ..

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