The Aussie market was up 100 points yesterday, finishing at 4,667.90. The big news affecting the Australian market today will be Qantas Airway’s [ASX: QAN] announcement of a 72% drop in profit.
The company posted a net profit of $58 million for the first half year results, down from 210 million for the first half [...]
60-Second Market Round Up
The Aussie market opened up strong this morning thanks to the lead in from America. Yesterday, the S&P/ASX200 closed at 4,567.80, higher by 22 points.
The US started their short trading week with a bang. The Dow Jones Industrial Average was up 169 points, ending the session at 10,268.81.
Thomas Hoeing, the president of the Federal Reserve [...]
On Friday, the S&P/ASX 200 ended the day at 4,562.10 up by 7 points. The Australian Bureau of Statistics will release the lending finance data for December today. However all that Christmas spending and the threat of interest rate rises are set to see mortgage delinquencies increase this year.
The Dow Jones Industrial Average was down [...]
The S&P/ASX 200 finished the day higher by 40 points closing to 4,554.30. The Reserve Bank of Australia (RBA) release the credit and debit card spending for December today.
The Dow Jones Industrial Average had another night of gains. The Dow ended higher by 1.05% closing to 10,144.19.
David Hefty, Chief executive of Cornerstone Wealth Management [...]
The S&P/ASX 200 started the day off 50 points up. However the rest of the day saw the index slowly sell-off. The index ended the day up by only 8 points, ending at 4,513.40.
Despite the good news of both Commonwealth Bank’s and BP’s higher profits, it did little to keep the market up when disappointing [...]
The S&P/ASX 200 finished down 16 points, closing to 4,505.10. At 11.30am today, the Australian Bureau of Statistics releases housing finance data for December.
The Dow Jones Industrial Average had its largest gain overnight in 3 months. The Dow closed up 150 points (1.52%) to end the day at 10,058.64.
The rally was fueled by news that [...]
The S&P/ASX 200 was up by 7 points, to finish the trading day 4,521.40. However the good ole’ USA had another shaky night on the market and our Aussie market has opened lower this morning.
The Index has lost nearly 9% from its January high. This figure is close enough to 10% for analysts to accept [...]
The Aussie market took a beating on Friday, following the lead-in from the States last Thursday night. The S&P/ASX200 finished down 107 points (2.33%) to 4,514.10. Friday’s market tumble took the index down to a three month low.
The Dow had finished in the black on Friday, up by 10 points, ending the day at 10,012.23. [...]
Cortona resources is going at a discount , thanks to a capital raising. For those already Holding shares it could be a good thing and a bad thing as the share price has gone down because of the capital raising ,but then existing shareholders will also get a chance, with a fully underwritten renounceable 1-for-2 [...]
