Showing posts with label australian stocks. Show all posts
Showing posts with label australian stocks. Show all posts

Lacklustre Australian Stock Market Finish Flat

Posted by Shoebooks Team in Monday, February 6, 2012

Investors remain cautious prior to US’ release of its employment data resulting to Australian shares finishing weaker today.

Australia’s benchmark S&P/ASX200/ index went down by 16.6 points, or 39 percent, that is equal to 4,521.2. On the other hand, the All Ordinaries Index also went down by 13.1 points, or 0.3 percent, that is equal to 4.320.1 at the close.

With 19,799 contracts traded, the March share price index future contracts also went down by 22 points. Generally, there have been 1.89 billion shares that were traded for $4.22 billion.

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Australian Share Market Positive Start to 2012

Posted by Shoebooks Team in Thursday, January 5, 2012

The Australian share market has seen a rise on the first day of trading in 2012, with more than one per cent rise on the back of positive leads in the local bourse, boosted by the European stock markets and the rallying in commodity prices during the long weekend in Australia.

For the first time in a week, the Australian shares have risen as the materials sector led broad-based gains after the official positive manufacturing PMI data out of China for December beat market expectations, helping boost risk appetite, helping resources, and energy stocks.

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Australian Stocks Hits two-week Low over Europe Recession Fears

Posted by Shoebooks Team in Monday, December 19, 2011

As poor data out of Asia and the bad news of the growing outlook of a recession in Europe are sending investors running for cover, the Australian stocks dropped to a two-week low.

Stocks have been closing lower for the fifth day out of six after more dismal news comes from Europe overnight which saw an increase of Italian bond to a euro-era record, which then has triggered a sharp selloff in commodities as investors were rushing to the perceived safe haven of the dollar.

Data revealed that China's manufacturing sector has continued to contract in December as exports slowed compounded fears that the euro zone debt crisis is already slowing growth in Asia.

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