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Sims Metal Management Limited

ASX:SGM ISIN:AU000000SGM7

 Global ferrous and non-ferrous metal recycling, resource recovery and industrial services.

  

News

Australian Market Report of May 6, 2010: Downer EDI (ASX:DOW) Wins NBN Design Contract

🕔5/6/2010 1:30:04 PM 13526

Australian shares extended their losses today as the debt issues in Euro zone continued to perplex the global stock markets. The Australian stocks joined the slump in Asian region this morning with a 1.4 per cent fall in S&P/ASX200 index at opening. Japan's Nikkei 225 shed more than 3 per cent in early trade, after the market closed for public holiday for three days.

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Australian Market Report of February 19: Earnings Results Mixed

🕔2/19/2010 9:30:20 AM 15914

The Australian sharemarket fell on Thursday as investors digested some mixed earnings results. Investors also managed to take profit for the market after two days gains. At the close, the benchmark S&P/ASX 200 index lost 13 points, or 0.28 per cent, to 4654.9, while the broader All Ordinaries index gave up 12.9 points, or 0.28 per cent to 4673.9.

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Australian Market Report of December 22: Gains Trimmed by Banks and Retailers

🕔12/22/2009 9:30:10 AM 14390

The Australian sharemarket ended slightly lower on Monday after a positive start driven by a resources sector buoyed by higher commodity prices. The pullback was led by major banks, and consumer staples. At close, the benchmark S&P/ASX200 index was down 6.4 points, or 0.14 per cent, to 4644.1, while the broader All Ordinaries gave up 6.1 points, or 0.13 per cent, at 4665.8.

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Australian Market Report of November 20: A Drop in Risk Appetite

🕔11/20/2009 1:00:08 PM 11213

US stocks fell for the second day after a downgrade of technology companies such as Intel. Energy and materials shares also showed losses as commodities prices tumbled.

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Australian Market Report of August 28: US Economy Shrank at A Slower Pace

🕔8/28/2009 1:00:31 PM 16973

Wall Street closed with an eighth consecutive gain on Thursday, as a series of financial firms rose and energy stocks rallied on the rebound of crude oil prices. The US government figure for GDP showed that the US economy shrank at a 1 per cent annual pace in the second quarter, better than analysts' forecast of 1.5 per cent decline.

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Australian Market Report of July 3: Surprised by US Unemployment Data

🕔7/3/2009 1:00:18 PM 17445

Yesterday the Australian market posted a marginal rise as investors were cautious ahead of US jobs data in June. The benchmark S&P/ASX200 index was 3.3 points, or 0.09 per cent higher, at 3877.3 points, while the broader All Ordinaries index gained 2.9 points, or 0.07 per cent, to 3875.2 points.

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Australian Market Report of May 7: Eyes on Stress Test of the US Banks

🕔5/7/2009 1:00:58 PM 17064

Yesterday Australian shares closed lower on concern about the health of US banks. The benchmark the S&P/ASX200 index fell 0.6%, or 23.3 points, at 3867.1, while the broader All Ordinaries index was down 0.6%, or 22.1 points, at 3840.1.

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Australian Market Report of May 4: Market Digested Mixed News

🕔5/4/2009 1:00:42 PM 15314

The Australian shares were marginally lower on Friday. On Friday the benchmark S&P/ASX200 ended 10.9 points, or 0.3%, lower at 3769.6, while the broader All Ordinaries fell 6.8 points, or 0.2%, to 3737.9.

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Australia Market Report of October 24: Gains of the Week Gone

🕔10/24/2008 1:00:39 PM 9932

During yesterday's trading, Australian stocks closed lower for the second consecutive day on Thursday, falling by more than 4%. The market was dragged down by big losses in the resources sector amid renewed fears of a global economic slowdown. The two days drop gave up all the gains early this week.

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Australia Market Report of October 8: Aussie Dollar to Face Selling Pressure

🕔10/8/2008 12:30:59 PM 8405

Overnight Wall Street closed more than 5% down on growing fears that the spiralling credit crisis would drag the US economy into a recession. While the global financial crisis deepened, RBA cut the interest rate by a full percentage point, double the amount that had been expected.

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Company Data

    Headquarters
  • Executive Head Office
    110 Fifth Avenue, Seventh Floor
    New York 10011
    USA
  • Telephone
  • +1-212-604-0710 
  • Fax
  • +1-212-604-0722 
  • Principal Sector
  • Materials 
  • Principal Industry
  • Materials 
  • Listed
  • 1991/11/14 
  • Homepage
  • www.simsmm.com

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