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Tag Archives: Australian stocks

Australian stocks record 7yrs high, S&P 200 surges 1.2pc

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SYDNEY: Australia’s benchmark S&P/ASX 200 climbed to its highest level in almost seven years on Tuesday after the Reserve Bank of Australia cut interest rates to a record low of 2.25 percent. The index extended gains, adding 1.2 percent to an intra-day peak of 5,692.7 points; it’s highest since May 2008 and on track for a ninth straight day of ... Read More »

Australian stocks hits 5 months high at end, ASX 200 surges 37pts

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PERTH: The Australian stocks climbed for an eighth consecutive session, hitting a five-month high. Investor sentiment has been boosted by the possibility that the Reserve Bank board might cut interest rates at its meeting tomorrow. The All Ordinaries ended up 35 points at 5,587 and the ASX 200 closed 37 points higher at 5,625. The energy sector led the way ... Read More »

Australian stocks set to open 7days higher, S&P surges 26.2pts

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SYDNEY: The Australian stocks looks set to persist a seven-day winning streak, opening higher on the back of a powerful energy zone. At the 10.25am (AEDT) official market open, the benchmark S&P/ASX200 index was up 26.2 points, or 0.47 per cent, at 5,614.5 points, while the broader All Ordinaries index was up 24.8 points, or 0.45 per cent, at 5,576.4. ... Read More »

Australian stocks record 7-day high at end, S&P increases 18.8pts

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SYDNEY: The Australian stocks has finished stronger for the seventh successive day and closed the week at a four month high as assumption of a possible cut to the official interest rate on Tuesday enhanced investor emotion. At the 4.15pm (AEDT) official market close, the benchmark S&P/ASX200 index was up 18.8 points, or 0.34 per cent, at 5,588.3, while the ... Read More »

Australian stocks record 7-day high at end, S&P increases 18.8pts

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SYDNEY: The Australian stocks has finished stronger for the seventh successive day and closed the week at a four month high as assumption of a possible cut to the official interest rate on Tuesday enhanced investor emotion. At the 4.15pm (AEDT) official market close, the benchmark S&P/ASX200 index was up 18.8 points, or 0.34 per cent, at 5,588.3, while the ... Read More »

Australian stocks open 0.75% higher, S&P jumps 0.79pc, All Ordinaries climbs 41.9pts

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  SYDNEY: The Australian stocks started 0.75 per cent higher as modest gains in global oil value hold up the recently-battered energy zone, and bank stocks surged. At the 10.15am (AEDT) official market open, the benchmark S&P/ASX200 index was up 44.1 points, or 0.79 per cent, at 5,613.6 points, while the broader All Ordinaries index gained 41.9 points, or 0.76 ... Read More »

Australian stocks open 0.5% weaker, S&P 200 tumbles 29.40pts, all ordinaries index lost 28.9pts

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PERTH: The Australian stocks 0.5 per cent weaker, after Wall Street slipped on the latest report from the US Federal Reserve and remained weakness in global commodity markets weighed on resources stocks. At the 10.15am (AEDT) official market open, the benchmark S&P/ASX200 index fell 29.4 points, or 0.53 per cent, to 5,523.4 points, while the broader All Ordinaries index lost ... Read More »

Australian stocks end stronger, S&P soars 5.6pts, All Ordinaries surges 5.1pts

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PERTH: Australian stocks finished higher after a bouncy day of trade following the release of Australia’s official inflation rate. At the 4.15pm (AEDT) official market close, the benchmark S&P/ASX200 index gained 5.6 points, or 0.1 per cent, to 5,552.8 points, while the broader All Ordinaries index was up 5.1 points, or 0.09 per cent, at 5,516.6. Sales trader for CMC ... Read More »

Australian stocks open lower, S&P 200 sheds 20.6pts, All Ordinaries falls 19.6pts

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SYDNEY: The Australian stocks started weaker ahead of a key read on inflation, as more drop in commodities overnight and failing in the financial sector weighed. At the 10.15am (AEDT) official market open, the benchmark S&P/ASX200 index lost 20.6 points, or 0.37 per cent, to 5,526.6 points, while the broader All Ordinaries index was down 19.6 points, or 0.36 per ... Read More »

Australian stocks close stronger, All Ordinaries climbs 43pts, ASX 200 adds 45pts

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PERTH: The Australian stocks scored a strong gain, in spite of another period of losses for mining and energy firms. Returning from the long weekend break, the All Ordinaries index closed up 43 points at 5,512 and the ASX 200 added 45 points to 5,547. Finance stocks helped drive the rise, with most major banks recording gains. The Commonwealth led ... Read More »

Australian stocks close stronger, All Ordinaries climbs 43pts, ASX 200 adds 45pts

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PERTH: The Australian stocks scored a strong gain, in spite of another period of losses for mining and energy firms. Returning from the long weekend break, the All Ordinaries index closed up 43 points at 5,512 and the ASX 200 added 45 points to 5,547. Finance stocks helped drive the rise, with most major banks recording gains. The Commonwealth led ... Read More »

Australian stocks start marginally stronger; S&P 200 climbs 7.3pts

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SYDNEY: Australian stocks started slightly higher following previous week’s positive momentum and as global stocks took the results of the Greek election in their development. At the 10.15am (AEDT) official market open, the benchmark S&P/ASX200 index was up 7.3 points, or 0.13 per cent, at 5,509.1, while the broader All Ordinaries index rose 7 points, or 0.13 per cent, to ... Read More »

Australian stocks hit new 1 month high at end, S&P 200 adds 1.51%

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PERTH: Australia stocks closed higher, as increases in the Australian Real Estate Investment Trust, Energy and Consumer Discretionary sectors led shares higher. At the close in Sydney, the S&P/ASX 200 rose 1.51% to hit a new 1-month high. The best performers of the session on the S&P/ASX 200 were Worleyparsons Ltd (ASX:WOR), which rose 8.79% or 0.80 points to trade ... Read More »

Australian stocks hit new 1 month high at end, S&P 200 adds 1.51%

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PERTH: Australia stocks closed higher, as increases in the Australian Real Estate Investment Trust, Energy and Consumer Discretionary sectors led shares higher. At the close in Sydney, the S&P/ASX 200 rose 1.51% to hit a new 1-month high. The best performers of the session on the S&P/ASX 200 were Worleyparsons Ltd (ASX:WOR), which rose 8.79% or 0.80 points to trade ... Read More »

Australian stocks start positive, All Ordinaries climbs 65pts,

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SYDNEY: Australian stocks rose strongly in the wake of a massive eurozone stimulus package declared overnight. The All Ordinaries index had risen 65 points, or 1.2 per cent, to 5,455 shortly before midday (AEDT). The ASX 200 had added 69 points (1.3 per cent) to 5,489. The rise was along similar lines to those posted on US and European markets ... Read More »

Australian stocks end stronger; S&P 200 increases 0.49%

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PERTH:  Australian stocks jumped at the end of trade on Thursday, as Energy and Metals & Mining sectors led shares to get stronger. At the close in Sydney, the S&P/ASX 200 rose 0.49%. The best performers of the session on the S&P/ASX 200 were Arrium Ltd (ASX:ARI), which rose 18.42% or 0.035 points to trade at 0.225 at the close. Meanwhile, ... Read More »

Australian stocks end stronger; S&P 200 increases 0.49%

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PERTH:  Australian stocks jumped at the end of trade on Thursday, as Energy and Metals & Mining sectors led shares to get stronger. At the close in Sydney, the S&P/ASX 200 rose 0.49%. The best performers of the session on the S&P/ASX 200 were Arrium Ltd (ASX:ARI), which rose 18.42% or 0.035 points to trade at 0.225 at the close. Meanwhile, ... Read More »

Australian stocks start higher, S&P surges 85.7pts, All Ordinaries soars 80.6pts

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SYDNEY: The Australian stocks opened higher, after powerful increases in international markets overnight. At 7am (AEDT), the March share price index futures contract was up 41 points at 5,384. Eurozone stocks have been boosted by reports that the ECB may launch a bigger stimulus program than expected, while British equities have moved higher on falling unemployment. Locally on Thursday, the ... Read More »

Australian stocks surge in early trade, ASX 200 climbs 61pts, All Ordinaries soars 59pts

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SYDNEY: The Australian stocks started strongly, after further increases on Wall Street overnight. The ASX 200 had added 61 points, or nearly 1.2 per cent, to 5,369 shortly before midday (AEDT). The All Ordinaries index was up 59 points (just over 1.1 per cent) at 5,346. Mining stocks were leading the gains, with Rio Tinto rising 2.9 per cent. BHP Billiton was up ... Read More »

Australian stocks end weaker; S&P 200 sheds 0.7pc

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SYDNEY: Australian stocks ended lower on Tuesday as S&P/ASX 200 index was a mere 0.1 per cent lower at 5,302.7 by 0321 GMT. Earlier, the benchmark index was down 0.5 per cent. Market sentiment improved after China’s economic growth held steady at 7.3 per cent in the fourth quarter from a year earlier, beating forecasts for 7.2 per cent. “It certainly ... Read More »