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Tag Archives: Australian stocks

Australian stocks edge lower at start, S&P 200 down 1.3pts

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SYDNEY: The Australian stocks edged lower at the open, maintaining its wide berth from the key psychological threshold of 6,000 which it had been approaching before the Reserve Bank of Australia’s surprising decision yesterday to hold the official cash rate at a record low 2.25 per cent. At the 10.15am (AEDT) official market open, the benchmark S&P/ASX200 index was down ... Read More »

Australian stocks dip from 7yrs high at end as RBA holds rates, S&P 200 drops 0.9%

Australian market

SYDNEY: Australian stocks fell from the highest level in seven years, reversing gains, after the country’s central bank refrained from further loosening monetary policy. The S&P/ASX 200 Index lost as much as 0.9 percent, having earlier risen 0.6 percent, to close 0.4 percent lower at 5,933.90 in Sydney. The gauge closed yesterday at the highest level since January 2008. Reserve ... Read More »

Australian stocks dip from 7yrs high at end as RBA holds rates, S&P 200 drops 0.9%

Australian market

SYDNEY: Australian stocks fell from the highest level in seven years, reversing gains, after the country’s central bank refrained from further loosening monetary policy. The S&P/ASX 200 Index lost as much as 0.9 percent, having earlier risen 0.6 percent, to close 0.4 percent lower at 5,933.90 in Sydney. The gauge closed yesterday at the highest level since January 2008. Reserve ... Read More »

Australian stocks record 7 yrs high at end, S&P 200 increases 30.1pts

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PERTH: Australian stocks has closed at a fresh seven-year high as a rate cut in China over the weekend boosted sentiment ahead of Tuesday’s Reserve Bank board meeting. At the 4.15pm (AEDT) official market close, the benchmark S&P/ASX200 index was up 30.1 points, or 0.51 per cent, at 5,958.9, while the broader All Ordinaries index rose 27.8 points, or 0.47 ... Read More »

Australian stocks record 7 yrs high at end, S&P 200 increases 30.1pts

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PERTH: Australian stocks has closed at a fresh seven-year high as a rate cut in China over the weekend boosted sentiment ahead of Tuesday’s Reserve Bank board meeting. At the 4.15pm (AEDT) official market close, the benchmark S&P/ASX200 index was up 30.1 points, or 0.51 per cent, at 5,958.9, while the broader All Ordinaries index rose 27.8 points, or 0.47 ... Read More »

Australian stocks edge higher at open, S&P 200 up 13.8pts

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SYDNEY: Australian stocks edged slightly higher at the open, as news of a rate cut in China over the weekend offset a downbeat lead from Wall Street at the end of last week. At the 10.15am (AEDT) official market open, the benchmark S&P/ASX200 index was up 13.8 points, or 0.23 per cent, at 5,942.6 points, while the broader All Ordinaries ... Read More »

Australian stocks record 7yrs high at close, S&P 200 climbs 0.3%

aussie stocks

PERTH: Australian shares edged to a fresh seven-year closing high on Wednesday as rises in oil and metals prices prompted investors to overlook another mixed bag of company earnings and buy resources stocks. The S&P/ASX 200 index rise 0.3%, or 17.9 points, to 5944.9 at the close of trade, its third straight day of gains. New Zealand’s benchmark NZX 50 ... Read More »

Australian stocks marginally lower by break, S&P 200 down 3.20pts

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SYDNEY: The Australian stock market pared initial gains and is marginally lower on Wednesday, as traders digested a raft of corporate earnings results. In late-morning trades, the benchmark S&P/ASX 200 Index is down 3.20 points or 0.05 percent to 5,923.80, off a low of 5,914.50 recorded earlier. The broader All Ordinaries Index is declining 2.80 points or 0.05 percent to ... Read More »

Australian stocks edge up at open, S&P 200 jumps 11.8pts

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SYDNEY: Australian stocks were subdued on Wednesday as mixed company earnings and no clear signal from Federal Reserve Chair Janet Yellen as to when the U.S. central bank might raise interest rates gave little reason for investors to chase stocks higher. The S&P/ASX 200 index added 11.8 points to 5,938.8 points by 0149 GMT. The benchmark rose 0.3 percent on ... Read More »

Australian stocks end 7yrs high, S&P 200 advances 19.0pts

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SYDNEY: Australian shares edged up to a seven-year closing high on Tuesday as promising results in the mining, finance and healthcare sectors underpinned buying. The S&P/ASX 200 index rose 19.0 points or 0.3 per cent to 5,927.0, its highest close since May 2008. New Zealand’s benchmark NZX 50 index fell 0.5 per cent or 31.4 points to finish the session ... Read More »

Australian stocks end 7yrs high, S&P 200 advances 19.0pts

aussie stocks

SYDNEY: Australian shares edged up to a seven-year closing high on Tuesday as promising results in the mining, finance and healthcare sectors underpinned buying. The S&P/ASX 200 index rose 19.0 points or 0.3 per cent to 5,927.0, its highest close since May 2008. New Zealand’s benchmark NZX 50 index fell 0.5 per cent or 31.4 points to finish the session ... Read More »

Australian stocks drift lower at noon; S&P 200 sheds 14pts

Australian market

PERTH: The Australian stock market drifted into negative territory on Tuesday after opening higher, as investors continued to focus on mixed corporate earnings reports. In late-morning trades, the benchmark S&P/ASX 200 Index is down 14 points or 0.24 percent to 5,894.00, but off a low of 5,884.80 in early trades. The broader All Ordinaries Index is declining 11.9 points or ... Read More »

Australian stocks open higher; S&P 200 increases 6.5pts

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SYDNEY: The Australian stocks opened little changed as local investors digested a slew of company earnings reports, including a disappointing interim result from BHP Billiton, and awaited Federal Reserve Chair Janet Yellen’s expected update on US monetary policy in Congress. At the 10.15am (AEDT) official market open, the benchmark S & P/ASX200 index edged up 6.5 points, or 0.11 per ... Read More »

Australian stocks turn positive at noon, S&P 200 soars 28pts

547108-australia-stocks

PERTH: The Australian stocks have turned positive at noon after investors bought into stocks following a mixed bag of company earnings. At 12.05pm (AEDT), the benchmark S&P/ASX200 index was up 28 points, or 0.48 per cent, at 5,909.5 points, while the broader All Ordinaries index had gained 28.3 of a point, or 0.48 per cent, at 5,873.9. Earlier, the market ... Read More »

Australian stocks open lower, S&P 200 tumbles 2pts

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SYDNEY: The Australian stocks opened little changed after Wall Street gained on news eurozone ministers agreed to extend Greece’s bailout by four months. At the 10.15am (AEDT) official market open, the benchmark S & P/ASX200 index was down 2 points, or 0.03 per cent, at 5,879.5 points, while the broader All Ordinaries index was down 0.5 of a point, or ... Read More »

Australian stocks trade 6 ½ yrs high in morning, S&P 200 increases 26.7pts

australian stocks 1

SYDNEY: The Australian stocks traded at a fresh six-and-a-half year high after the open, amid a glut of corporate earnings and following indications the US Federal Reserve is in no hurry to raise interest rates. At the 10.15am (AEDT) official market open, the benchmark S & P/ASX200 index was up 26.7 points, or 0.45 per cent, at 5,942.4, while the ... Read More »

Australian stocks record 7yrs high at end trade, S&P 200 soars 57.5pts

australian stocks 1

PERTH:  Australian stocks has hit its highest point in more than six-and-a-half years, boosted by optimism of a Greek bailout deal and a robust takeover offer for logistics group Toll Holdings. At the 4.15pm (AEDT) official market close, the benchmark S & P/ASX200 index added 57.5 points, or 0.98 per cent, to 5,915.7, while the broader All Ordinaries index rose ... Read More »

Australian stocks climb 0.5% in early move; S&P 200 jumps 28.4pts

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SYDNEY:  Australian stocks rose 0.5 percent on Wednesday underpinned by resources and energy stocks while a $5.1 billion takeover of Toll Holdings by Japan Post helped overshadow weak corporate earnings. The S&P/ASX 200 index rose 28.4 points to 5,886.6 by 0117 GMT. The benchmark eased 0.5 percent on Tuesday. The index is up 8.8 percent so far this year, staying ... Read More »

Australian stocks end lower, S&P 200 tumbles 30.5pts

547108-australia-stocks

SYDNEY: The Australian stocks ended lower on weakness in the financials and after a raft of disappointing company data failed to impress investors. At the 4.15pm (AEDT) official market close, the benchmark S&P/ASX200 index had fallen 30.5 points, or 0.52 per cent, to 5858.2, while the broader All Ordinaries index gave up 27.2 points, or 0.46 per cent, to 5822.3. ... Read More »

Australian stocks trade weaker at noon, S&P 200 sheds 20.9pts

australian stocks 2

PERTH: The Australian stocks traded lower at noon on weakness in the financials and after a raft of disappointing company data failed to impress investors At 12.05pm (AEDT), the benchmark S&P/ASX200 index had fallen 20.9 points, or 0.35 per cent, to 5,867.8, while the broader broader All Ordinaries index gave up 19.2 points, or 0.33 per cent, to 5,830.3. Overnight, ... Read More »