Latest Finance News



Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, July 30: BPT - BEACH ENERGY - down 5.5 cents, or 3.1 per cent, at $1.705 Beach Energy shares have fallen after the oil and gas prod..

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Late burst pushes share market higher

The share market has closed slightly higher after iron ore miners reversed early losses. The market was in negative territory for most of the session, but turned around when mining stocks picked up..

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Consumers get their groove back

Consumers have got their groove back, having shaken off their woes about the federal government's planned budget cuts. The latest weekly ANZ-Roy Morgan survey shows consumer confidence levels at a ..

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Aussie share market trading flat

The Australian share market is trading flat, though marked by a plunge in the shares of insurer QBE. Lonsec senior client adviser Michael Heffernan said the local bourse was "as flat as a tack". ..

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Housing sector gaining strength

The housing market is continuing to strengthen, and looks set to take over from mining investment as the main driver for economic growth in the coming year. New home sales were up 1.2 per cent in J..

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Consumers feeling more confident

Consumers have got their groove back, with confidence levels rebounding to where they were before people started worrying about government budget cuts. The latest weekly ANZ-Roy Morgan survey shows..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, July 29: BCI - BC IRON - up two cents, or 0.6 per cent, at $3.27 Miner BC Iron has flagged a lift in its full year earnings, despite ..

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Small fall for shares in subdued trade

The share market has fallen slightly as gains by iron ore miners were outweighed by falls by most banks and retailers. Trading volumes were low due to a lack of new economic data, and investors are..

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Aussie shares close lower

The Australian share market has closed slightly lower, starting and ending the session with falls into the red. At the close on Monday, the benchmark S&P/ASX200 index was 6.1 points, or 0.11 pe..

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Strong market return for Healthscope

Australia's second largest private hospital operator has gained more than $200 million in value in a successful return to the share market. Despite a lacklustre day on the market, Healthscope share..

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Shares slightly weaker in quiet trade

The share market is lower due to weakness in the major financial and mining stocks. With no new local economic data, investors are taking their cues from Wall Street, which fell in its last session..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, July 28: BUX - BUXTON RESOURCES - up 8.5 cents, or 25 per cent, at 42.5 cents. Shares in explorer Buxton Resources have surged after i..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have tumbled on disappointing earnings reports from Amazon and some other companies in a move that some analysts also attributed to..

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Aussie shares close lower

The Australian share market has closed flat, with some investors booking profits, after a seven-day run of gains. The ASX200 index still closed nearly one per cent higher for the week and repeatedl..

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Market and dollar shrugs off disasters

The share market is pushing through six year highs and the Aussie dollar is stubbornly hovering around 94 US cents despite the MH17 tragedy and escalating conflict in Gaza. Aside from a knee-jerk r..

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Economists focused on RBA, CPI

Key inflation figures and a speech from the RBA boss came under the microscope this week as economists pondered the outlook for interest rates and share prices. AMP Capital chief economist Shane Ol..

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Australian market slightly lower

The Australian share market has opened flat following a mixed session on Wall Street. The Dow Jones finished slightly lower overnight after a session of mixed corporate earnings and a fall in famil..

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S&P 500 hits new record

Wall Street stocks have finished little changed with the S&P 500 inching to a new record following mixed US economic data and a flood of corporate earnings. The Dow Jones Industrial Average sli..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday, July 25: AGO - ATLAS IRON - up two cents, or 3.5 per cent, at 59 cents Atlas Iron is cutting costs and ramping up production as it off..

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Share market continues winning run

The share market has closed higher for the seventh session in a row, boosted by Chinese manufacturing data and US company earnings. "The main driver is the US earnings season which has been support..

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