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ABB Grain Limited

Provision of grain marketing and financial products to grain growers.

News

Australian Market Report of September 30: US Consumer Confidence Dropped

🕔9/30/2009 1:00:54 PM 11697

Wall Street closed lower overnight after American consumer confidence reading in September dropped unexpectedly. The weakness in US technology stocks, which had been a leader for much of Wall Street's six-month rally, yesterday led a fall in the market. The Conference Board's consumer confidence index dipped in September to 53.1 from 54.5 in August as people worries about job market.

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Australian Market Report of September 10: Wall Street Extended Gaining Streak

🕔9/10/2009 1:00:19 PM 11935

Overnight US stocks rose for a fourth consecutive session led by industrial stocks. But market sentiment were dented after Federal Reserve report showed that consumer spending was still soft and retail sales were flat. The report also said labour market conditions remained weak across all districts.

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Australian Market Report of September 9: Stronger Commodities Prices

🕔9/9/2009 1:00:00 PM 11546

US stocks rose overnight as commodities prices jumped. Kraft Foods' US$16.7 billion takeover bid for Cadbury boosted the market confidence on a rebound in merger and acquisition activities, despite Kraft's offer was rejected.

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Australian Market Report of July 7: Low Trading before Earnings Season

🕔7/7/2009 1:00:13 PM 10164

Yesterday, the Australian stocks closed lower led by weakness in mining and energy sectors following the drop in oil prices. The benchmark S&P/ASX200 index lost 44.5 points, or 1.16 per cent, to 3,783.7 points, while the broader All Ordinaries index was 42.4 points, or 1.11 per cent lower, to 3,784.2 points. Analysts expect the market remains low trading volume as the investors were nervous ahead of the reporting season.

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Australian Market Report of June 25: Imminent Recovery Unlikely

🕔6/25/2009 1:00:08 PM 12222

The Australian shares Wednesday closed slightly higher ahead of the US Federal Reserve's monetary outlook meeting. The benchmark S&P/ASX200 index gained 10.1 points, or 0.27 per cent, at 3807 points, while the broader-based All Ordinaries index rose 9.2 points, or 0.24 per cent, to 3802.2 points.

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Australian Market Report of June 3: In Recovery Mood

🕔6/3/2009 1:00:15 PM 12069

Yesterday the Australian share market was bolstered by favorable local and overseas economic data. The benchmark S&P/ASX200 index gained 60.9 points, or 1.56 per cent, to 3955.3 points, while the broader All Ordinaries index surged 60.2 points, or 1.55 per cent, at 3948.1 points.

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Australian Market Report of May 21: Seeking Capital Raising at Discount

🕔5/21/2009 1:00:16 PM 12229

The Australian shares closed marginally higher on Wednesday despite weak lead from Wall Street and steep quarterly contraction in Japan. The resources stocks were higher on stronger commodities prices. The benchmark S&P/ASX200 was up 7.3 points, or 0.19 per cent, at 3824.6, while the broader All Ordinaries gained 8.3 points, or 0.22 per cent, to 3808.9. Investors are expecting some pullback in recent trading sessions and seeking more fund raisings at discount on the market.

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Australian Market Report of May 20: Ignoring Weak Lead From The US

🕔5/20/2009 1:00:12 PM 11952

The Australian share market yesterday ended stronger despite the negative lead from Wall Street. The benchmark S&P/ASX200 was up 81.7 points, or 2.2 per cent, at 3817.3, while the broader All Ordinaries gained 79.0 points, or 2.1 per cent, to 3800.6. Today the local market could be buoyed by the rising commodities prices.

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Australian Market Report of February 26: Aussie Shares at Five-year Low Point

🕔2/26/2009 1:00:22 PM 13620

Australian share closed at their five-year low point. The benchmark S&P/ASX200 was down 0.1%, or 4.1 points, at 3327.5, while the broader All Ordinaries index also fell 0.1%, or 3.5 points, at 3281.5.

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Australian Market Report of November 28: A Quiet Day

🕔11/28/2008 1:00:12 PM 9381

On Thursday, the Australian share market closed higher for a fourth day with around 1.4 per cent stronger led by the big miners as commodities surged. The benchmark S&P/ASX200 index closed up 48 points, or 1.36 per cent, at 3588, while the broader All Ordinaries gained 48.6 points, or 1.4 per cent, at 3528.2. Analysts said the market seems to be a little quiet with less participation, except for some fluctuation after BHP's decision of dumping its takeover bid for Rio Tinto.

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Company Data

    Principal Sector
  • Consumers 
  • Principal Industry
  • Foods 
  • Listed
  • 2002/07/22 

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