Retail & Merchant Banking

Australian Market Report of April 21: Doubts over Banks' Profitability

🕔4/21/2009 1:00:29 PM

Yesterday, the Australian stocks closed slightly lower dragged by the major miners. The benchmark S&P/ASX200 index fell 0.2%, or 7.7 points, at 3769 points, while the All Ordinaries index was also down 0.2%, or 5.8 points, at 3722.3.

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Australian Market Report of April 20: Market Sentiment Pushed Up

🕔4/20/2009 1:00:38 PM

The Australian shares ended with little changes on Friday. The S&P/ASX200 index just added 1 point to 3776.7 points, while the broader All Ordinaries gained 2.5 points to 3728.1. The local market is likely to be lifted on the back of the stronger metals prices. Today Rio Tinto's Australian annual meeting will also be the market focus.

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Australian Market Report of April 16: Signs of Stability in the US

🕔4/16/2009 1:00:38 PM

Yesterday the Australian shares closed slightly lower as falls in financial stocks overshadowed the gains in big miners. The benchmark S&P/ASX200 index was down 0.1%, or 5.4 points, at 3747.5, while the broad-market All Ordinaries index fell 0.1%, or 4 points, at 3693.9.

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Australian Market Report of April 15: US Retail Sales Dented Sentiment

🕔4/15/2009 1:00:27 PM

Yesterday the Australian shares closed with a three months high, lifted by stronger banks and resources stocks. The benchmark S&P/ASX200 index was up 2.2%, or 81.3 points, at 3752.9, while the broader All Ordinaries index also gained 2.2%, or 80.5 points, at 3698. The financial sector was largely buoyed by the US bank Goldman Sachs’ first quarter earnings.

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Australian Market Report of April 9: Look to Improved Earnings Guidance

🕔4/9/2009 1:00:56 PM

Australian shares closed lowered yesterday as investors expected a further fall on US market. The S&P/ASX 200 fell 86.8 points, or 2.3 per cent, to 3619.5, while the All Ordinaries was down 81 points, or 2.22 per cent at 3567.5. The financial stocks may be hit by International Monetary Fund's forecast of increasing toxic assets.

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Australian Market Report of April 8: Refreshed Worries Weigh on the Market

🕔4/8/2009 1:00:38 PM

Yesterday the Australian share market is lower after the RBA's rate cut announcement. The S&P/ASX200 index fell 1.3%, or 50.3 points, at 3706.3, while the broader All Ordinaries index was down 1.3%, or 47.9 points, at 3648.9.

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Australian Market Report of March 31: Worries Over US Auto Sector

🕔3/31/2009 1:00:22 PM

Yesterday the Australian share fell on the weaker outlook in Europe and US markets. The S&P/ASX200 index ended the day down 1.8%, or 67.9 points, at 3604.4, while the broader All Ordinaries index lost 1.7%, or 61.4 points, at 3554.2.

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