Search

News

Shares close 10pts lower

Australian shares finished lower on Monday, hurt by disappointing earnings results from logistics giant Brambles and engineering group Worley Parsons.

Shares open 14pts lower

The Australian share market has opened slightly lower as Wesfarmers goes ex-dividend and logistics firm Brambles unveils a weaker-than-expected half-year profit.

Morning Headlines

Stamp duty battle in WA election

Gold steady as equities rally loses steam

Gold prices have eased but have notched a weekly gain as investors opted for the safe-haven qualities of bullion due to uncertainty about US and European politics as well as the direction of stock markets.

Oil steady, but down for week on glut fear

Oil prices have ended steady on the day but lower on the week, with US crude notching its first weekly decline in five weeks, as the market weighed rising US drilling and record stockpiles against efforts by major producers to cut output to reduce a global glut.

$A back below 77 US cents

The Australian dollar is lower against its US counterpart, slipping back below the 77 US cent mark.

Shares close 10pts lower

Australian shares fell as losses across healthcare, resource and energy companies offset gains in some banking and real estate stocks amid another batch of company earnings results.

Shares open 4pts lower

The Australian share market has opened flat, as strength in the industrials and IT sectors bolsters local shares against falls on Wall Street overnight.

$A falls back below 77 US cents

The Australian dollar is lower, dropping back below the 77 US cent mark, despite the US dollar weakening against a basket of currencies.

Morning Headlines

Capital gain tax splits Coalition

Gold up on $US fall, political uncertainty

Gold has risen as the US dollar has weakened following a 10-day winning streak and investors take the opportunity to buy bullion as a hedge against political uncertainty in the United States and Europe.

Market closes up 7.2pts

A big drop in Telstra shares following a disappointing half-year profit result has weighed upon a relatively flat Australian share market in another busy day of company earnings reports.

Gold firms despite strong data, rate talk

Gold has risen as the dollar comes off its highs, shrugging off earlier pressure from stronger-than-forecast US inflation and retail sales that added to expectations for near-term US interest rate rises.

Oil prices slip after US stockpiles soar

US crude prices have slipped in choppy trade, even as record high US crude and petrol inventories fed concerns about a glut.

$A higher against $US

The Australian dollar is higher against its US counterpart and the yen and euro, performing strongly following positive earnings reports.

Morning Headlines

Budget crisis puts CGT in play

Wall Street in record-high territory

Wall Street pushed further into record-high territory, with the S&P 500 notching a seven-session winning streak, helped by a round of robust economic data and ongoing optimism that President Donald Trump will cut corporate taxes.

Shares close 53pts higher

Strong investor demand for financial stocks, thanks to Commonwealth Bank's record first-half profit, has pushed the share market to its highest level since mid-2015.

Shares open 49pts higher

The Australia share market has risen sharply, with gains broad based on the back of solid first-half corporate earnings reports.

$A down against $US

The Australian dollar is lower against its US counterpart which reached a three-week peak against a basket of currencies.

Pages