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 National Bank of Australian business confidence and business conditions’ survey has plunged to 21 points for the months of October. The collapse of business confidence has ushered the local stocks to drop to more than 4 percent.Today’s confidence d…
After commodity prices resume their tumble and overseas markets dive, Australian shares were sharply lower at noon, erasing all of November’s early gains.”We’re seeing financials, resources and listed property trusts weaker,” he said. “I think the onl…
Australian share market is reportedly remained in the red at noon, pulled down by some mining companies.On the Sydney Futures Exchange, the December share price index futures contract was 154 points lower at 4,211 on a volume of 16,525 contracts. CommS…
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