Real Estate General

Australian Market Report of February 16: Cautious ahead of EU Meeting

🕔2/16/2010 9:30:38 AM

Australian shares dropped on Monday as investors were nervous ahead of the EU meeting over Greek debt. Trading was quiet in local market while most Asian bourses were closed for Lunar New Year on Monday, Wall Street also closed because of a public holiday. At the close, the benchmark S&P/ASX200 index fell 16.6 points, or 0.4 per cent, at 4545.5, while the broader All Ordinaries index shed 18.4 points, or 0.4 per cent, to 4570.4.

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Australian Market Report of February 15: Clawed Out a Weekly Gain

🕔2/15/2010 11:31:08 AM

The Australian sharemarket eased some early gains and closed slightly higher on Friday. This was the first weekly gain in five weeks while the global markets had been shadowed by China's monetary tightening, worries on US economic recovery stability and sovereign debt issue in Euro zone.

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Asian Markets Overview of February 12

🕔2/12/2010 1:30:14 PM

Asian markets were higher Thursday. Hong Kong's Hang Seng Index gained 1.9 per cent and South Korea's Kospi advanced 1.8 per cent. China's Shanghai Composite closed flat with thin trade ahead of the upcoming Lunar New Year, despite a slower than CPI growth eased worries of rate increase.

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Australian Market Report of February 12: Job Data Unexpectedly Improved

🕔2/12/2010 9:30:55 AM

The Australian shares were stronger after an unexpectedly improved employment data. The market was also helped by a rise in Rio Tinto shares on expectation that it would follow its BHP Billiton in reporting upbeat earnings. At the close, the benchmark S&P/ASX200 index closed 40.9 points, or 0.91 per cent higher, at 4554.3 points while the broader All Ordinaries index rose 42.8 points, or 0.94 per cent, to 4575.8 points.

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SAI Global (ASX:SAI) Delivers Earnings Per Share Growth of 23.9% After a Record First Half

🕔2/11/2010 9:45:46 AM

SAI Global Limited (ASX:SAI) today announced a record half-year net profit after tax of $13.7M, representing an increase of 33.2% over the corresponding period.
A strong contribution from the property services business which includes a sizeable contribution from Espreon, together with continued organic growth, more than offset the adverse impacts of the stronger Australian dollar and the weaker trading conditions experienced by the standards training and automotive assurance businesses.

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Australian Market Report of February 10: Investors Sentiment Weak

🕔2/10/2010 9:30:44 AM

Australian shares fell on Tuesday led by financials sector as investors remained concerns over Europe's financial health. At the close, the benchmark S&P/ASX200 index was down 16.3 points, or 0.4 per cent, at 4505.1. The broader All Ordinaries index fell 18.1 points, or 0.4 per cent, to 4520.7.

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Asian Markets Overview of February 9

🕔2/9/2010 1:30:26 PM

Asian shares mostly declined yesterday on uncertainty about the sovereign debt issue in Greece, Spain and Portugal. Japan's Nikkei stock average sank 1.1 percent to a two-month low at the close. South Korea's Kospi fell 0.9%, while Hong Kong's Heng Seng Index lost 0.6%. But Singapore's Straits Times Index gained 0.4.

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