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Tag Archives: Australian stocks

Australian stocks start 0.5% weaker, S&P sheds 28pts, All Ordinaries drops 27 pts

SYDNEY: The Australian stocks started 0. 5 percent lower on Wednesday with main bank stocks dragged the market downward. The benchmark S&P/ASX200 index was 28 points, or 0.5 percent, lower at 5254.6, while the All Ordinaries tumbled 27 points to 5231.2. The financial sector was down with Westpac falling 1.3 percent, the National Australia Bank down 1.2 percent, the ANZ ... Read More »

Australian stocks end 1.6% lower as oil value dips sharply

SYDNEY: The Australian share market ended 1.6 per cent weaker, as a quick drop in oil prices extracted energy stocks, and resources stocks damaged. Oil prices have slumped to fresh five-year lows on worries about a supply glut, helping push down markets in the US and Europe. OptionsXpress market analyst Ben Le Brun said the fall in the oil price ... Read More »

Australian stocks open 0.6% lower, S&P sheds 31.4pts, All Ordinaries drops 0.58pc

CANBERRA: The Australian stocks opened 0.6 per cent lower as drop in oil prices overnight sent energy and resources stocks down. At the 10.15am (AEDT) official market open, the benchmark S&P/ASX200 index retreated 31.4 points, or 0.58 per cent, to 5,341.3 points, while the broader All Ordinaries index fell 31.1 points, or 0.58 per cent, to 5,317.8 points. Overnight, oil ... Read More »

Australian stocks 1pc higher at noon, S&P surges 1.03%, All Ordinaries adds 51.3 pts

PERTH: A strong response to the Murray news has pressed the Australian stocks more than 1 per cent higher at noon, as the shareholders picked up discounted bank stocks. At 12.05pm (AEDT), the benchmark S&P/ASX200 index had risen 54.7 points, or 1.03 per cent, to 5390 points, while the broader All Ordinaries index added 51.3 points, or 0.97 per cent, ... Read More »

Australian stocks start marginally high, S&P up 9.8pts, All Ordinaries soars 0.18pc

SYDNEY: Australian stocks rose a little on Friday as the benchmark S&P/ASX200 index was up 9.8 points, or 0.18 percent, at 5378.6 points, while the broader All Ordinaries index rose 9.7 points, or 0.18 percent, to 5355.1 points. Supermarket giant Woolworths was firmer up 1 percent while Wesfarmers was up 1.2 percent, however both the mining and energy sectors were ... Read More »

Australian stocks lose 20pts at start

PERTH: Local shares saw a diverse start to trade on Wednesday after the powerful gains of the earlier session. The ASX 200 opened with a loss of 20 points, however those levels found buying support and over the ensuing hours the market was able to fight its way back into positive territory. At the best levels of the morning the ... Read More »

Australian stocks edge higher at open, S&P adds 7pts, All Ordinaries gains 0.14pc

PERTH: The Australian stocks market edged higher on start on the back of an immediately rally in key products prices. At the 10.15am (AEDT) official market open, the S&P/ASX200 index added 7 points, or 0.13 per cent, to 5,214.7 points, while the broader All Ordinaries index edged up 7.2 points, or 0.14 per cent, to 5,197.9, according to preliminary figures. ... Read More »

Australian stocks end lower, S&P losses 105.3 pts

PERTH: The Australian share market has closed 2 per cent lower, with removal and energy stocks copping another hitting amid fresh falls in goods prices. At the close on Monday, the benchmark S&P/ASX200 index was 105.3 points, or 1.98 per cent, lower at 5,207.7, while the broader All Ordinaries index was down 107.4 points, or 2.03 per cent, at 5,190.7, ... Read More »

Australian S&P index gains 4.7pts

SYDNEY: Australian shares closed the day flat, with declines in the removal and energy sectors offset by a pre-Christmas convention in customer staples and a rolling health care sector. At the 4.15pm (AEDT) official market close, the benchmark S & P/ASX200 index shoved 4.7 points higher, or 0.09 per cent, to 5,400.9, while the broader All Ordinaries index added 1.1 ... Read More »

Australian stocks close 1% stronger despite iron ore plunged

SIDNEY :The Australian share market has closed more than 1 per cent higher, recovering on the back of a removal sector unfazed by a new low in the iron ore cost, and a rallying economic sector ahead of the Financial Services Inquiry report. Bank stocks led the market higher in late trading, after the head of Suncorp said that there ... Read More »

Australian S&P/ASX200 Index rises 56.4 points

CANBERRA: Benchmark S & P/ASX200 index had risen 56.4 points, or 1.06 per cent, to 5,360.7, while the broader All Ordinaries index added 55.8 points, or 1.05 per cent, at 5,347.9. The People’s Bank of China on Friday cut its one-year rate for deposits by 0.25 of a percentage point to 2.75 per cent and its one-year lending rate by ... Read More »