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Tag Archives: Australian stocks

Australian stocks rises 1.05% after strong rally in US

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SYDNEY: Australian stocks rose 1.05 per cent at the open Friday after a strong rally in the United States, with miners leading the way on the back of a big spike in oil prices. The benchmark S&P/ASX200 index was up 55.2 points at 5,288.5 in early trade, following Wall Street higher after revised US data showed stronger-than-expected US growth in ... Read More »

Australian stocks fall 1.7%

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CANBERRA: The Australian sharemarket has changed direction for the fourth session in a row, heading to its lowest close this year on an energy stocks drag, after that sector had lifted the market yesterday. The energy stocks move came after oil prices fell sharply overnight, having a day earlier surprised investors by holding their price against heavy Chinese sharemarket losses. At ... Read More »

Australian stocks fall 1.7%

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CANBERRA: The Australian sharemarket has changed direction for the fourth session in a row, heading to its lowest close this year on an energy stocks drag, after that sector had lifted the market yesterday. The energy stocks move came after oil prices fell sharply overnight, having a day earlier surprised investors by holding their price against heavy Chinese sharemarket losses. At ... Read More »

Australian stocks rises 1.11% at the open

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SYDNEY: Australian stocks rose 1.11 per cent at the open, shrugging off the crisis in Greece as investors went bargain hunting. The benchmark S&P/ASX200 index was trading 60.8 points higher at 5,535.8 soon after the start, ahead of a hastily arranged emergency summit of the 19 eurozone countries in Brussels. “Clearly the market sees the risks from Greece as being ... Read More »

Australian stocks drop 1.53% at open after Greece vote

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SYDNEY:  Australian stocks dropped 1.53 per cent at the open after Greece rejected fresh austerity demands by the country’s EU-IMF creditors in a landmark referendum. The benchmark S&P/ASX200 index was trading 84.7 points lower at 5,453.6 soon after the start, although weekend moves by China to stabilise its volatile local markets appeared to help stem some of the bleeding. Read More »

Australian stocks to open slightly lower as data flow eases

australian shares

CANBERRA: Australian stocks are set to open slightly lower on Tuesday, at the start of a holiday-shortened week that is light on domestic data flow compared with last week’s torrent of economic indicators. The current ASX SPI futures contract has the main equity index opening 0.05 per cent down, although this might change as the rest of the world’s equity ... Read More »

Australian stocks to open slightly lower as data flow eases

australian shares

CANBERRA: Australian stocks are set to open slightly lower on Tuesday, at the start of a holiday-shortened week that is light on domestic data flow compared with last week’s torrent of economic indicators. The current ASX SPI futures contract has the main equity index opening 0.05 per cent down, although this might change as the rest of the world’s equity ... Read More »

Australian stocks to open slightly lower as data flow eases

australian shares

CANBERRA: Australian stocks are set to open slightly lower on Tuesday, at the start of a holiday-shortened week that is light on domestic data flow compared with last week’s torrent of economic indicators. The current ASX SPI futures contract has the main equity index opening 0.05 per cent down, although this might change as the rest of the world’s equity ... Read More »

Australian stocks open higher, S&P 200 advances 24.8pts

australian stocks 789

SYDNEY: Australian stocks have opened higher as the potential for a Reserve Bank of Australia rate cut next week supports the market, while oil and metals prices rallied. At the 10.15am (AEDT) official market open, the benchmark S & P/ASX200 index rose 24.8 points, or 0.42 per cent, to 5,885.6, while the broader All Ordinaries index increased 24.2 points, or ... Read More »

Australian stocks higher at start, S&P 500 ascends 1.2%

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SYDNEY: The Australian market is rallying, following Wall Street higher on the back of good economic data, clawing back yesterday’s losses. The S&P 500 index rose 1.2% overnight as US personal income rose and the home sales index went higher. In Australia, mining and energy stocks recovered after a bad session driven by further falls in oil and iron ore ... Read More »

Australian stocks climb by midday, S&P 200 81.4pts

australian stocks 789

PERTH: The Australian stocks has reversed yesterday’s slump, with all sectors surging on strong Wall Street leads and hopes of more China stimulus spending. At 12.05pm (AEDT), the benchmark S & P/ASX200 index rose 81.4 points, or 1.39 per cent, to 5927.5, while the broader All Ordinaries index rallied 78 points, or 1.34 per cent, to 5894. Quay Equities head ... Read More »

Australian stocks slip at end of trade, ASX 200 sheds 74pts

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SYDNEY: Australian stocks have tumbled across the board today, with energy and mining shares making the biggest falls. The All Ordinaries index lost 1.2 per cent to close at 5,816 while the ASX 200 fell by 74 points to finish on 5,846. Caltex posted the biggest losses on the benchmark index, plunging more than 9 per cent to $34.44 after ... Read More »

Australian stocks tumble in early move; S&P 200 declines 47.8pts

Australian market

SYDNEY: The Australian stocks opened weaker as tumbling COMMODITY PRICES pressured the resource sector, offsetting a positive lead from Wall Street. At the 10.15am (AEDT) official market open, the benchmark S&P/ASX200 index declined 47.8 points, or 0.81 per cent, to 5,872.1, while the broader All Ordinaries index dropped 46.4 points, or 0.79 per cent, to 5,842.5. Major resource companies fell ... Read More »

Australian stocks end 1.6% lower, S&P 200 falls 94.2pts

australian stocks 789

SYDNEY: Australian stocks extended losses in the afternoon session to close down 1.6 percent on Thursday as financials and material sectors slid, while energy-related shares surged as OIL PRICES rose after Saudi air strikes in Yemen. Brent crude OIL PRICES shot up nearly 6 percent on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in ... Read More »

Australian stocks down 1.3% by break, S&P 200 dips 1.25%

australian stocks 789

PERTH: The Australian stocks was down 1.3 per cent at noon, all but abandoning its quest to break through the key 6000 threshold in the short term after following Wall Street sharply lower. At 12.05pm (AEDT), the benchmark S & P/ASX200 index was 74.9 points, or 1.25 per cent, lower at 5898.4, while the broader All Ordinaries index fell 70.7 ... Read More »

Australian stocks set to open lower as Wall Street fall sharply

australian stocks

SYDNEY: The Australian stocks looks set to open lower after Wall Street fell sharply as a selloff in semiconductors, fed by a downgrade on suppliers, spread to the broader market. At 6.45am (AEDT), the June share price index futures contract was down 41 points at 5,929. No major local economic news is expected on Thursday. However, the Australian Domestic Gas ... Read More »

Australian stocks end flat, S&P 200 slips 4.2pts

Australian market

SYDNEY: The Australian share market has finished flat as lacklustre trade failed to spark momentum. After almost hitting 6,000 points for the first time in seven years on Monday, investors were unwilling to push the local bourse up to the key level amid thin volumes. OptionsXpress analyst Ben Le Brun said there had been a lack of direction on Wednesday, ... Read More »

Australian stocks climb by break, S&P 200 up 3.3pts

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PERTH: The Australian stocks slightly higher at noon, but had pared earlier gains, as investors continued to await a catalyst to drive the local bourse through the 6,000 points mark. At 12.05pm (AEDT), the benchmark S&P/ASX200 index was up 3.3 points, or 0.06 per cent, at 5,972.4, while the broader All Ordinaries index added 2.6 points, or 0.04 per cent, ... Read More »

Australian stocks slightly higher at start, S&P 200 jumps 16.9pts

australian stocks 789

SYDNEY: The Australian stocks pushed slightly higher at the open, despite a downbeat Wall Street lead, as investors continued to await a catalyst to drive the local bourse through the 6,000 points mark. At the 10.15am (AEDT) official market open, the benchmark S&P/ASX200 index was up 16.9 points, or 0.28 per cent, at 5,986 points, while the broader All Ordinaries ... Read More »

Australian stocks hit fresh 7yrs high at end; S&P 200 gains 24.7pts

aussie stocks

PERTH: The Australian stocks has hit a fresh seven-year high, extending the strongest rally this year as investors anticipate another Reserve Bank interest rate cut. At the 4.15pm (AEDT) official market close, the benchmark S&P/ASX200 index had gained 24.7 points, or 0.42 per cent, to 5,975.5, while the broader All Ordinaries index added 23.8 points, or 0.4 per cent, to ... Read More »