Australian Stock Market

Australian Market Hurting After Wall Street Falls

admin_huliq — Sun, 22 Jun 2008 21:42:55 -0500

The stock market in Australia opened on Monday lower after the Wall Street fall on Friday injects fear in stock investors.

Financial sector losses weigh on Australian market

admin_huliq — Wed, 07 May 2008 03:16:14 -0500

The good gains made in the resources sector today have not been enough to overcome losses made by the banks and the overall market in Australia has closed lower.

Australian Market closes lower amid financial sector losses

seher — Thu, 27 Mar 2008 12:22:37 -0500

The Australian share market has closed weaker following a poor lead from Wall Street and losses in the financial and banking sectors.

Australian market closes 4.4pc higher after US slashes rates

seher — Wed, 23 Jan 2008 12:24:25 -0600

The turnaround on the markets today started off as dramatically positive as yesterday's losses were negative.

Banking, mining gains push market higher

Dinka — Fri, 30 Nov 2007 11:28:48 -0600

The Australian share market has closed higher because of gains in the banking and resources sectors. The All Ordinaries Index was up 86 points to 6,593 and the ASX 200 added 88 points to 6,533.

Credit woes continue to hamper market

Dinka — Thu, 22 Nov 2007 10:34:57 -0600

The Australian share market continued a disappointing week, losing ground for a third consecutive day on the back of persistent credit problems in the United States.

Oil, metal prices push Australian market to record high

Dinka — Mon, 29 Oct 2007 14:07:38 -0500

Higher oil and metals prices have helped the Australian share market bounce back from recent losses and end on a record closing high.

Mining, energy sectors boost Australian market

Dinka — Fri, 26 Oct 2007 10:25:01 -0500

The Australian share market enjoyed a strong day of trading with mining and energy stocks leading the rally because of strengthening global commodity and base metal prices.

Australian market slides on rates, credit fears

Dinka — Wed, 24 Oct 2007 12:02:04 -0500

The Australian share market dropped into the red at the close of today's session amid rising concerns of an interest rate rise and credit worries from the United States.

Australian share market slumps on new US credit fears

Dinka — Sun, 21 Oct 2007 22:45:59 -0500

The Australian share market fell by its largest amount in two months amid renewed concerns about credit markets. A warning by equipment company Caterpillar that the housing slump in the US was starting to spread to other parts of the economy saw US shares fall at the end of the week.

Australian market recovers from slump

admin_huliq — Thu, 18 Oct 2007 06:42:21 -0500

The Australian share market has shrugged off four days of losses to end the session 1.3 per cent ahead.

Australian Market falls in wake of US credit concerns

Dinka — Tue, 16 Oct 2007 11:54:26 -0500

The Australian share market has fallen more than 1 per cent as fresh concerns about credit markets continue to affect local stocks.