Latest Finance News



Shares jump on improved global outlook

Signs of stronger manufacturing activity in the world's second largest economy have outweighed a blowout in Australia's trade deficit and fuelled gains on the share market. A spike in Chinese manuf..

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Aussie shares close higher

The Australian share market has closed higher, with investor sentiment strong despite a trade deficit blow-out for May. At the close on Wednesday, the benchmark S&P/ASX200 index was 79.5 points..

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Trade deficit blows out as exports fall

Falling iron ore prices have caused the biggest blow out in the trade deficit in 16 months.Australia's trade balance was $1.9 billion in the red in May, nearly triple April's $780 million deficit and ..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, July 2: ANN - ANSELL - down 64 cents, or 3.2 per cent, at $19.19 Gloves and condom maker Ansell is axing 100 products as part of a ..

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Banks weigh on share market

Big falls by the banks have caused the share market to lose ground on the first day of the new financial year. Banks were in negative territory from early in the session, and weakened further in af..

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Stocks to watch at close on Tuesday

Stocks to watch on the Australian stock exchange at the close on Tuesday: ANN - ANSELL - down 64 cents, or 3.2 per cent, at $19.19 Gloves and condom maker Ansell is axing 100 products as part of..

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RBA leaves interest rate at 2.5%

The Reserve Bank has kept the cash rate unchanged, saying the economy is improving but it will be some time before unemployment drops consistently.There have been emerging signs of improvement in inve..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, July 1: CTY - COUNTRY ROAD - steady at $16.80 DJS - DAVID JONES - steady at $3.94 South Africa's Woolworths has stepped up pressur..

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Shares sold off to end financial year

Last minute share sales to lock in the profits of a strong financial year have caused the market to fall. The year's best performing stocks - banks, Telstra and healthcare providers - were the hard..

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Dick Smith defies retail sector slump

Australians appear to be skimping on the jackets but spending on gadgets.Electronics retailer Dick Smith says its sales have grown in recent months, in stark contrast to several other major retailers ..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, June 30: AHY - ASALEO CARE - steady at $1.65 Toilet paper and tissue company Asaleo has had a positive debut on the share market, give..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have finished a quiet day of trade higher as strong earnings from Nike helped offset a profit warning from DuPont. The Dow Jones..

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Shares end week with a fall

The share market has ended the week with a fall as investor caution resulted in muted trade. The weakness on the local market followed a negative performance in Japan and the release of poor spendi..

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Aust shares close lower

The Australian share market has closed lower, with the banks, miners and consumer staples all suffering losses. At the close on Friday, the benchmark S&P/ASX200 index was 19.2 points, or 0.35 p..

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Stocks to watch at close on Friday

Stocks to watch on the Australian stock exchange at the close on Friday:ATP - ATLAS PEARLS - up 0.5 cents, or 6.3 per cent, at 8.5 centsSouth Sea pearl farmer Atlas has sold $2.5 million worth of the ..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday, June 27: AGK - AGL ENERGY - up 43 cents, or 2.8 per cent, a $15.61 The competition tribunal has backed energy giant AGL's bid to buy t..

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Retailers lead strong gains on market

A strong performance by the share market has more than recovered losses suffered in the previous two days, with retailers and banks among the best performers. "The bulls are back in town, lifting s..

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Aust shares close higher

The Australian share market has closed higher, with the big miners, banks and food retailers recovering from losses earlier in the week. At the close on Thursday, the benchmark S&P/ASX200 index..

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