Hot Penny Stocks » Aussie business confidence http://www.penny-hopefuls.com Hot stock market penny stocks and Small Cap stocks Wed, 28 Jul 2010 23:22:13 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 On business confidence down, Australian local shares dive http://www.penny-hopefuls.com/perth/on-business-confidence-down-australian-local-shares-dive/ http://www.penny-hopefuls.com/perth/on-business-confidence-down-australian-local-shares-dive/#comments Wed, 12 Nov 2008 02:09:00 +0000 Trader tag:blogger.com,1999:blog-5674498504032806696.post-7135688247238157639
The report of business confidence and condition's survey have ushered the local stocks shares in Australia to dive below 4000 points. NAB survey reported that Australia business confidence collapsed to a low record in October.


Confidence has now fallen for 10 consecutive months, but last month's decline accelerated, plunging 21 points to minus 29 from minus 8.4 in September.

CMC Markets senior dealer Dominic Vaughan said the local market was plagued by a combination of negative global sentiment, expectations Australia was heading for a recession and thin trading volumes.

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]]> http://www.penny-hopefuls.com/perth/on-business-confidence-down-australian-local-shares-dive/feed/ 0 Sales, business confidence down in Australia http://www.penny-hopefuls.com/perth/sales-business-confidence-down-in-australia/ http://www.penny-hopefuls.com/perth/sales-business-confidence-down-in-australia/#comments Sun, 02 Nov 2008 21:21:00 +0000 Trader tag:blogger.com,1999:blog-5674498504032806696.post-2987922071240180957

The effects of global financial crisis have greatly alarmed the economy of Australia. It has indeed hurt the business confidence of most of the companies as a survey showed a decline on its sales.


The Reserve Bank of Australia (RBA) is tipped to announce an official cut of 50 basis points, or half a percentage point, on Tuesday.

"Our position is clear: the banks should pass on as much as they can of any increase at any time," Assistant Treasurer Chris Bowen told Channel 10.

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]]> http://www.penny-hopefuls.com/perth/sales-business-confidence-down-in-australia/feed/ 0 Australian Stockmarket expected to open strong on Wall Street Surge http://www.penny-hopefuls.com/perth/australian-stockmarket-expected-to-open-strong-on-wall-street-surge/ http://www.penny-hopefuls.com/perth/australian-stockmarket-expected-to-open-strong-on-wall-street-surge/#comments Tue, 28 Oct 2008 22:52:00 +0000 Trader tag:blogger.com,1999:blog-5674498504032806696.post-2258880542092612898
The overnight trading in Wall Street has left an impression that the nearby stockmarkets, including Australian stocks will likewise gain positively. Wall Street has gained its best for two consecutive days.


Among the companies hosting annual general meetings are Foster's Group, Noni B, Macquarie Media, Biota Holdings, Super Cheap Auto Group, RP Data, Chandler Macleod, Gloucester Coal and Archer Exploration.

Qantas chief executive Geoff Dixon will address the American Chamber of Commerce in Australia.

The 2008 Financial Services Regulation Summit begins in Sydney, and the Mining 2008 conference commences in Brisbane.

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