Latest Finance News



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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Aust shares open lower

The Australian share market is lower, following falls in overseas markets and commodity prices on New Year's Eve.At 1015 AEDT on Friday, the benchmark S&P/ASX200 index was down 19.3 points, or 0.36 pe..

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International markets roundup

A roundup of trading on major world markets:NEW YORK - US stocks have fallen in the final day of 2014, cutting into the year's gains as the Dow rose for the sixth year in a row.At the closing bell on ..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange at noon on Wednesday:NBL - NONI B - steady at 53 cents.Clothing retail Noni B has acquired the Queenspark and Events brands from a subsidiary of BD sta..

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$A hits two-week high as greenback falls

The Australian dollar has risen above 82 US cents for the first time in two weeks as the US dollar's recent rally runs out of steam and as metal prices rise.At 0700 AEDT on Wednesday, the local unit h..

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International markets roundup

A roundup of trading on major world markets:NEW YORK - US stocks have followed European equity markets lower on the back of political uncertainty in Greece.In the last hour of trade, the Dow Jones Ind..

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Aust shares close lower

The Australian share market has closed one per cent lower, with investors pondering mixed signals, including a rise in iron ore prices but a fall in oil prices.At the close on Tuesday, the benchmark S..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange at noon on Tuesday:BHP - BHP BILLITON - down 22.5 cents, or 0.76 per cent, at $29.465RIO - RIO TINTO - down 38 cents, or 0.65 per cent, at $57.67FMG - ..

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Aust shares close higher

The Australian share market has closed almost 1.5 per cent higher, with strong gains across all sectors.At the close on Monday, the benchmark S&P/ASX200 index was 79.3 points, or 1.47 per cent, higher..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange at noon on Monday:DXS - DEXUS PROPERTY GROUP - down four cents, or 0.5 per cent, at $7.28The wealthy Mitchell family has sold the Lakes Business Park i..

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Aust shares open higher

The Australian share market is higher, following a strong lead from Wall Street last week.At 1015 AEDT on Monday, the benchmark S&P/ASX200 index was up 21.5 points, or 0.4 per cent, at 5,416.2, while ..

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