BUSINESS

A couple hold hands as they walk through downtown Sydney with their shopping from Australian department store retailer Myer, March 6, 2014.

Australian Stock Market Report – Morning November 27, 2014

In US economic data: personal spending +0.2%, income +0.2%; durable goods orders +0.4%; weekly jobless claims +21,000 to 313,000; Chicago purchasing manager's index down from 66.2 to 60.8; pending home sales down 1.1%; new home sales +0.7%; consumer sentiment down from 89.4 to 88.8; weekly mortgage market index down 4.3% with purchases down 5.8%.

Australian Stock Market Report –Afternoon November 26, 2014

A metal sculpture depicting a stock exchange chart is seen in the reception hall of the Athens Bourse in Athens September 11, 2014. Greece on Thursday set the pricing on its offer to top up its recent three- and five-year bonds by about 1 billion euros (U
Australian shares made up for yesterday's modest 0.5 per cent tumble in full with the ASX 200 surging at the close to end 1.1 firmer. It continues to be a volatile affair for local stocks this week with shares up 1.1 per cent on Monday prior to Tuesday's falls.
A man is reflected as he walks past the Australian Securities Exchange building in central Sydney April 8, 2011. Singapore Exchange Ltd has terminated its $8 billion bid for Australia's ASX Ltd after the Australian government formally rejected the offer o

Australian Stock Market Report – Midday November 26, 2014

The market volatility that has been a recent staple for local shares continued on Wednesday. The ASX 200 opened with a gain of 4 points before rallying to an improvement of 56 points at the morning highs. Thereafter the index consolidated within sight of the best levels of the day. The early improvements locally came despite flat results for European and US indices in the last 12 hours. European shares rose on Tuesday but gains in bank stocks were offset by weakness in resources. The FTSEurofirs...
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Australian Stock Market Report – Morning November 26, 2014

In US economic data the consumer confidence index fell from 94.1 to 88.7 in November, well short of forecasts centred on a reading near 96.0. The Case Shiller home price index rose by 0.3% in September to be up 4.9% over the year. The US economy grew at a 3.9% annual pace in the September quarter, up from the 3.3% consensus forecast.
Office workers are reflected as they walk past the Australian Securities Exchange building in central Sydney April 8, 2011. Singapore Exchange Ltd has terminated its $8 billion bid for Australia's ASX Ltd after the Australian government formally rejected

Australian Stock Market Report – Midday November 25, 2014

The Australian market is having its worst day in close to six weeks with mining and energy stocks wiping out most of Monday's gains. The ASX 200 Index is down 0.9 per cent and remains just above the key 5300pt level. Local shares surged by 1.1 per cent yesterday following the surprise interest rate cuts in China.
Oil field

Global Markets Overview – November 25, 2014

Further record prints for the US markets overnight as stimulus from three of the four largest central banks, coupled with solid state specific economy data, allowed investors to keep the long auto-pilot on.
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Australian Stock Market Report – Afternoon November 24, 2014

Australian shares have surged on Monday with the ASX 200 Index up 1.1 per cent and closing above 5350pts. A surprise rate cut by China's central bank on Friday has led the mining and energy producing companies higher. This follows five consecutive days of weakness from local shares; the worst week in Australia since June 2013.
n office worker walks past an Australian Securities Exchange (ASX) window showing the main losses for the day in central Sydney July 23, 2012. Australian shares slumped 1.7 percent on Monday, the biggest one-day fall in seven weeks, as investors fled from

Australian Stock Market Report –Afternoon November 21, 2014

The Australian sharemarket has finished the session weaker for a fifth straight day. The All Ords (XAO) slipped 0.2 percent to 5,292, while the S&P/ASX 200 (XJO) fell 0.2 percent to 5,304. Eight out of 10 sectors were lower, led by Utilities, which lost 1.5 percent. The S&P/ASX 200 has fallen 2.7 percent this week on heavy selling in the materials and energy sectors.

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