Real Estate General

Asian Markets Overview of December 23

🕔12/23/2009 1:30:16 PM

US stocks ended higher overnight on a bigger-than-expected rise in existing home sales for November. The used-home sales jumped 7.4 per cent, having increased more than double the economists' expectations.

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

🕔12/22/2009 9:30:10 AM

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 December 17: Disappointing Economy Growth Result

🕔12/17/2009 9:30:22 AM

The Australian sharemarket gave up early gains on Wednesday after the GDP figures released by Australian Bureau of Statistics showed a disappointing result in economy growth. At the close, the benchmark S&P/ASX200 index was 11.6 points lower, or 0.2 per cent, at 4661.9, while the broader All Ordinaries slashed 11.7 points, or 0.2 per cent, at 4676.1

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Australian Market Report of December 16: Up in Quiet Trade

🕔12/16/2009 9:30:43 AM

The Australian sharemarket Tuesday closed higher in a quiet trading day as Dubai debt fears eased. The local market was also inspired by an earlier report about energy giant Exxon's US$30 billion takeover bid of XTO and the forecasts by the Australian government commodity forecaster ABARE for iron ore and coking coal exports. At the close, the benchmark S&P/ASX200 index rose 19.5 points, or 0.4 per cent, at 4673.5, while the broader All Ordinaries gained 19.6 points, or 0.4 per cent, to 4687.8.

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Australian Market Report of December 11: Prospect for Further Rate Hikes

🕔12/11/2009 9:30:04 AM

The Australian market declined for a fifth consecutive session on Thursday, even after a stronger-than-expected labour force report. The falls were led by resources shares and consumer discretionary. At the close, the benchmark S&P/ASX200 index dropped 31.2 points, or 0.7 per cent, at 4606.7 points, while the broader All Ordinaries index lost 29.7 points, or 0.6 per cent, to 4622.9 points.

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Australian Market Report of December 10: Resources Stocks under Pressure

🕔12/10/2009 9:30:02 AM

The Australian share market fell for the fourth consecutive day dragged by resources stocks. The local shares dropped sharply at in early trade amid the global debt jitters. The disappointing growth figures from Japan also weighed on the local market. At the close, the benchmark S&P/ASX200 index fell 32.7 points, or 0.7 per cent, at 4637.9, while the broader All Ordinaries lost 33.8 points, or 0.7 per cent, to 4652.6. The Aussie dollar also fell below 91 US cents today.

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Australian Market Report of December 4: Flat Leads from Overseas

🕔12/4/2009 1:00:56 PM

US shares fell on Thursday as the services sector index declined unexpectedly in November. The contraction also hurt sentiment ahead of the release of unemployment figure.

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