Insurance

Australian Market Report of November 26: Fragile Sentiment Unchanged

🕔11/26/2008 1:00:01 PM

Yesterday, benefited from the US government's bailout plan on Citigroup, the Australian market benchmark S&P/ASX200 share index had its best day in more than 11 years, jumping 5.8%, or 198.3 points, to 3623.4, while the broader All Ordinaries index was up 5.5%, or 186.6 points, to 3575.4. Analysts say the market sentiment remains fragile as fundamental problems have not changed, although world governments are taking action to stimulate economy.

Read Full Article▸

Australian Market Report of November 25: Economists Anticipate 125 Point Rate Cut

🕔11/25/2008 1:00:12 PM

Yesterday Australian shares closed slightly higher after staging a late-afternoon rally as Washington promised to shore up Citigroup. Miners surged while banks pared their losses. The benchmark S&P/ASX200 index rose 0.25%, or 8.6 points, to close at 3425.1, while the All Ordinaries index was up 0.1%, or 1.9 points, at 3388.8. Analysts anticipate the markets a stronger performance with the good news.
The December Share Price Index futures contract on the Sydney Futures Exchange was up 144 points, or more than 4%, at 3600 in recent trading.

Read Full Article▸

Australian Market Report of November 24: Surge Amid Bear Market

🕔11/24/2008 1:00:59 PM

The Australian stock market staged a late rally on last Friday, with the benchmark S&P/ASX200 index closing up 63.6 points, or 1.9 per cent, at 3,416.5, while the broader All Ordinaries index gained 54.3 points, or 1.63 per cent, to 3,386.9. Market is struggling to recover with some "bear market rally" although the fundamental problems remain. Analysts said the recent fluctuation is because of uncertainty and the political factors are important at this stage.

Read Full Article▸

Australian Market Report of November 11: Stimulant Effect Passed

🕔11/11/2008 1:00:12 PM

Yesterday the Australia share market was buoyed on hope that China's economic stimulus plan would increase demand for resources. Mining and energy sectors rose on the news. The benchmark S&P/ASX200 index gained 56.5 points, or 1.4%, at 4,107.8 while the broader All Ordinaries index had advanced 53.4 points, or 1.3%, to 4,060.

Read Full Article▸

Australia Market Report of October 29: Relief Period Comes after Rally

🕔10/29/2008 1:00:14 PM

This morning shortly after open the Australia market has joined the rally with S&P/ASX200 up 4.3%, or 162.7 points, to 3957.3 points. Yesterday Australian shares suffered their fifth consecutive day of losses, hitting fresh four-year lows, as falls by the big banks eclipsed gains by miners. At the close, the benchmark S&P/ASX200 share index was down 14.6 points, or 0.4%, to 3794.6, recovering from an earlier drop of as much as 2.2%. Analysts expected the next few weeks ahead a relief period.

Read Full Article▸

Winsure Insurance Group To Service Australian Broker Market

🕔3/14/2008 12:21:04 PM

Insurance brokers working with commercial clients will have a wider choice of product and service solutions following the formation of the Winsure Insurance Group Pty Ltd ("Winsure").

Read Full Article▸

Calliden Group Limited ASX: CIX - Investor Briefing - Mr Nick Kirk, MD and CEO

🕔7/9/2007 2:17:00 PM

Calliden Group Limited (ASX: CIX) - Investor Briefing - Mr Nick Kirk, MD and CEO; Boardroomradio is pleased to announce that Calliden Group Limited (ASX: CIX) has published an audio file.

Read Full Article▸