Latest Finance News



Aust shares open 1% higher

The Australian share market has opened one per cent higher. At 1010 AEDT on Monday, the benchmark S&P/ASX200 index was up 53.0 points, or 1.00 per cent, at 5,357.3, while the broader All Ordina..

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Shares weaker for fifth straight day

The Australian share market has closed lower for the fifth straight day as financial stocks weighed on the local bourse. IG Market strategist Chris Weston said the ASX 200 had continued its sell-of..

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Shares flat as miners recover

The share market is slightly lower as weakness in financial and industrial stocks offsets a comeback by the resources sector. The local market had defied a positive lead from the US, where both the..

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US unemployment aid applications fall

The number of people applying for US unemployment benefits declined slightly last week, suggesting that job gains should remain solid. The Labor Department says weekly applications for jobless aid ..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday, Nov 21: BHP - BHP BILLITON - down 87 cents, or 2.7 per cent, at $31.80 FMG - FORTESCUE METALS - down 10 cents, or 3.7 per cent, at $2...

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Miners weigh on Aussie shares

The Australian share market has fallen by nearly one per cent following more weak economic signs from China and a fresh slump in iron ore prices. The miners are weighing heavily on the market due t..

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Aussie shares close lower

The Australian share market has closed almost one per cent lower amid falling commodity prices and weak Chinese economic data. At the close on Thursday, the benchmark S&P/ASX200 index was 52.6 ..

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Lower iron ore price hits share market

The share market is lower for a fourth straight day as further falls in iron ore prices drags on the big miners. IG market strategist Evan Lucas said the lower iron ore price was the main culprit b..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, Nov 20: AAC - AUSTRALIAN AGRICULTURAL COMPANY - down two cents, or 1.3 per cent, at $1.485 The nation's biggest beef and cattle prod..

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Fed worried over global growth

Federal Reserve policymakers saw a potential threat to US growth from the global slowdown and a possible decrease in inflation in their last meeting. But they also said a sharp fall in oil prices w..

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Nasdaq drops as Tesla, Netflix stumble

High-flying tech companies Netflix and Tesla Motors have stumbled, pulling the Nasdaq 0.6 per cent lower in a muted day for US equities. The tech-rich Nasdaq dropped 26.73 points (0.57 per cent) to..

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Aussie market closes lower

The Australian share market has closed lower for its third straight session, dragged down by losses among the major miners and big banks. Investors largely ignored gains on markets in the United St..

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Aussie shares close lower

The Australian share market has closed lower, with the big miners and big supermarkets weighing on the broader market. At the close on Wednesday, the benchmark S&P/ASX200 index was 30.9 points,..

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Stocks to watch at noon

Stocks to watch on the Australian stock exchange at noon on Wednesday: AAC - AUSTRALIAN AGRICULTURAL COMPANY - down 0.50 cents, or 0.33 per cent, at $1.50. The country's biggest beef producer, A..

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Mortgage Choice to get a new CEO

Mortgage Choice will get a new chief executive after Michael Russell announced he will be stepping down from the role next year. Mr Russell will retire as CEO at the end of the financial year and a..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, Nov 19: AGK - AGL ENERGY - down 3.00 cents, or 0.23 per cent, at $13.30 Electricity and gas provider AGL has appointed US energy se..

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Shares close lower despite early gains

The share market closed weaker despite its early gains, with falls posted across all sectors. IG market strategist Evan Lucas said there was no specific news driving the market on what was a quiet ..

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Aussie shares close lower

The Australian share market has closed lower, slipping through the session, with substantial falls in the materials and energy sectors. At the close on Tuesday, the benchmark S&P/ASX200 index w..

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Shares flat at noon

The Australian stock market is flat as gains in resources stocks offset weakness in other sectors. OptionsXpress market analyst Ben Le Brun said the resources sector appeared to have received a boo..

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A2 Milk to list on ASX in 2015

A2 Milk Co plans to list in early 2015 on the Australian stock exchange. The Auckland-based company doesn't plan to raise any new capital in an ASX float and will keep its New Zealand incorporation..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, November 18: AHF - AUSTRALIAN DAIRY FARMS - in a trading halt, last traded at 27.5 cents Milk producer Australian Dairy Farms Group h..

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Major banks lead share market lower

The share market has closed weaker as a rising US dollar, sputtering Japanese economy and pending changes for the financial system weigh on investor sentiment. OptionsXpress market analyst Ben Le B..

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Global woes hit share market

The share market is lower as a shrinking Japanese economy worries investors. Japan, the world's third largest economy, contracted 0.4 per cent in the September quarter, a surprisingly weak result, ..

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