Latest Finance News



Shares rise, but not on jobs numbers

The share market has posted its first gain in four days, though stronger commodity prices were the main driver rather than a surprise drop in unemployment. An unexpected drop in the jobless rate to..

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Jobless drop boosts share market

A surprise drop in unemployment has given the share market a boost. The banks in particular rose after March jobs figures showed an unexpected fall in the unemployment rate to 6.1 per cent, as a gr..

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Oil rally helps lift US stocks

A rally in petroleum-linked equities have helped lift US stocks following mixed earnings and economic data. The Dow Jones Industrial Average added 75.91 points (0.42 per cent) at 18,112.61. The ..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, April 16: BHP - BHP BILLITON - up 39 cents, or 1.3 per cent, at $29.51 RIO - RIO TINTO - up 87 cents, or 1.6 per cent, at $55.83 ..

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Share market closes lower

The share market has closed lower as falls by the banks, retailers and Telstra outweighed the positive impact on miners of higher commodity prices. At 1615 AEST on Wednesday, the benchmark S&P/..

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Banks weigh on Aust market

The Australian share market is trading lower, weighed down by weakness in the big banks. HC Securities senior client adviser Mark Lennox said the banks were lower because investors had already fact..

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US stocks mostly higher

Wall Street stocks have finished mostly higher following mixed corporate earnings news and slightly disappointing US retail sales in March. The Dow Jones Industrial Average rose 59.66 points (0.33 ..

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Stocks to watch on Wednesday

Stocks of interest on the Australian Securities Exchange on Wednesday: AMP - AMP - up three cents, or 0.45 per cent, at $6.72 Activist investors including former Patrick Corporation chief execut..

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Share market closes lower

The share market has closed lower as an unexpected fall in exports from China caused falls for miners and reversed the market's early gains. At 1615 AEST on Monday, the benchmark S&P/ASX200 ind..

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Share market nudges 6,000 points

The share market is pushing towards the landmark 6,000 point level, a high not reached in more than seven years, but can't quite get there. OptionsXpress market analyst Ben Le Brun said shares jump..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have posted solid gains as a big General Electric asset sale added to the Wall Street deal wave on a strong day for global equity m..

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Market rises on weak home loan data

The share market has closed higher as weaker than expected figures on home lending renewed expectations of an interest rate cut. An overheating housing market was considered a hindrance to another ..

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Share market closes higher

The share market has rallied in late trade to close higher and within sight of the benchmark 6,000 point level. At 1615 AEST on Friday, the benchmark S&P/ASX200 index was up 36.2 points, or 0.6..

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Overseas leads lift local market

The share market is slightly higher on a quiet day, with the main indices trading within a narrow range around 5,900 points since interest rates were kept on hold. Offshore markets provided positiv..

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Stocks to watch on Friday

Stocks of interest on the Australian Securities Exchange on Friday: AGL - AGL ENERGY - down four cents, or 0.3 per cent, at $15.00 BHP - BHP BILLITON - down 55 cents, or 1.8 per cent, at $30.19 ..

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Aust shares are weaker at noon

The Australian stock market is flat, dragged down by energy stocks after heavy oil price falls. CMC Markets analyst Michael McCarthy said there was no real investor conviction driving markets and m..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, April 9: AGO - ATLAS IRON - suspended from trade at 12 cents Ratings agency Standard and Poor's has downgraded Atlas Iron's corporat..

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Energy and mining stocks lift market

The share market has been boosted by stronger iron ore and crude oil prices. Stocks in iron ore producers performed well as the price of the steel making commodity rose from its recent ten year low..

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Share market closes higher

The share market has closed higher as a rise in iron ore and oil prices boosted the resources and energy sectors. At 1615 AEST on Wednesday, the benchmark S&P/ASX200 index was up 34.7 points, o..

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Shares rise as iron ore rebounds

The share market has been boosted by a lift in iron ore and crude oil prices and continued expectation of lower interest rates. The market had put aside a weak lead from Wall Street and investors w..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, April 8: AGO - ATLAS IRON - in trading halt at 12 cents Atlas Iron is considering asset sales and could potentially mothball its Pi..

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Aust shares close higher

The share market has closed higher but well below its earlier highs as the Reserve Bank disappointed many by keeping its cash rate unchanged. At 1615 AEST on Tuesday, the benchmark S&P/ASX200 i..

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Rate cut hopes boost shares

The share market is more than one per cent higher as investors anticipate a rate cut by the Reserve Bank. Financial markets are widely expecting the central bank to cut the cash rate to a new recor..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street stocks have risen on easing concerns about Federal Reserve interest rate increases and as petroleum-linked equities surged on hig..

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