Australian share market’s rise The Australian share market’s rise to a fresh 10-month high on Monday was erased by a fall in Asian share markets, leaving traders wary of profit taking after sharp gains in the Australian market since March. Banks sustained their gains on the back of a positive trading update from Australia and [...]
World markets Chinese stocks helped drive the main index of Asia-Pacific stocks (excluding Japan) to an 11 month high, as two surveys showed accelerating Chinese factory output growth. Car and tyre makers were among the biggest winners, after the US Government announced increased funding for its "cash for clunkers" program to encourage households to trade [...]
The local market of Australia traded a strong gains during the new year’s trading. But the gains seemed to be superficial as it stumbled again led by the banking sector. On the other hand, the resources sector remained strong.The banks were the biggest…
The year 2009 seems to be a lucky year for the local share market of Australia. Its first day of trading business recorded a higher returns on its share market led by the resources sector.”The resources sector is leading the way and stocks like Woods…
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