Latest Finance News



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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Nasdaq closes above 5,000

The Nasdaq has finished above 5,000 for the first time in 15 years, capping a long-running recovery in the exchange after the dot-com bubble burst spectacularly in 2000. The tech-rich Nasdaq Compos..

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Miners lead Aussie shares higher

A surprise cut to interest rates in China has triggered a strong rally among mining stocks, pushing the Australian share market higher. The share market edged slowly towards the key 6,000 level on ..

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Aust shares close higher

The Australian share market has closed higher after a cut to China's interest rates and ahead of a rate decision by Australia's Reserve Bank. At the close on Monday, the benchmark S&P/ASX200 in..

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Banks and miners lead market higher

The share market is higher as miners benefit from a surprise cut to interest rates in China. Phillip Capital senior client adviser Michael Heffernan said the absence of any adverse events on overse..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street stocks have fallen modestly but remain close to record highs to close out the best single-month performance since 2011. Stocks..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, March 2: CAB - CABCHARGE - up 14 cents, or 2.8 per cent, at $5.11 Payments system operator Cabcharge is looking to expand beyond the t..

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ASX on 6,000 point brink

The Australian sharemarket almost breached the 6000 point mark this week for the first time since 2008. Traders got nervous and booked profits rather than bid it higher to those pre-global financia..

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Rate cut talk pushes share market higher

Speculation about a rate cut next week has buoyed the big banks and lifted the share market, securing a sixth consecutive week of gains.Disappointing December quarter capital expenditure data has boos..

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Aussie shares close higher

The Australian share market has closed higher, ending the earnings season on a positive note, despite supermarket operator Woolworths dragging on sentiment. At the close on Friday, the benchmark S&..

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Stocks to watch on Friday

Stocks of interest on the Australian Securities Exchange on Friday: ALL - ARISTOCRAT LEISURE - down 13 cents, or 1.75 per cent, at $7.31 Gaming company Aristocrat Leisure hold its annual general..

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Aust shares close lower

The sharemarket has retreated from its seven-year high after three days of gains, with investors thought to be taking profits in the industrial and financial sectors. The falls on the ASX followed ..

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Aussie shares close lower

The Australian share market has closed lower, retreating after three straight sessions of gains. At the close on Thursday, the benchmark S&P/ASX200 index was 36.4 points, or 0.61 per cent, lowe..

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