Tag: Futures markets
NAB debt provisions cause shares to tumble
The National Australia Bank has made provisions for a possible loss of $830 million on debt-related investments because of the global credit crunch and the slump in the United States housing market.[MORE]
Market plummets 3pc in early trade
Australian shares have plummeted after falls on Wall Street and bad news from NAB.[MORE]
Economists predict 2pc drop on local market
Economists are predicting heavy falls on the Australian share market today, following news from United States car-maker Ford of a $9 billion loss in three months.[MORE]
Ford losses weigh on global markets
United States stocks have fallen more than 2 per cent after disappointing economic news and a big slump in profit from Ford, the country's third largest car-maker.[MORE]
Oil slump drags miners lower
Another slide in the price of oil has led the mining sector lower on the Australian share market.[MORE]
Falling oil price boosts global markets
Another fall in the price of oil overnight has boosted Wall Street.[MORE]
Market ends higher on banking surge
A fall in the price of oil drove the Australian share market to its highest level in three weeks today.[MORE]
Market up 1pc after oil price slumps
Australian shares rose by more than 1 per cent this morning after an overnight fall in the price of oil. [MORE]
Oil price drop boosts US market
There was a late rally on Wall Street overnight as oil prices fell more than $US3 a barrel. [MORE]
Market retains gains despite bank losses
Despite a moderately sharp fall in early trade, the Australian share market managed to cling to most of Monday's gains.[MORE]
Financial sector drags market down
The Australian share market is lower with the financial sector rocked by a fresh bout of pessimism.[MORE]
Banks weigh on share market
Financial stocks led the Australian share market lower this morning, after yesterday's strong performance.[MORE]
Modest falls on US market
Stocks on Wall Street fell modestly overnight, as investors consolidated gains from the past week's rally and digested Bank of America's better-than-expected earnings.[MORE]
Bankers, miners propel market gains
The Australian share market was sharply higher this morning after better-than-expected news from the United States financial sector. [MORE]
Dollar remains high
Trade was mixed on Wall Street overnight but the Australian dollar remained strong against the greenback.[MORE]
Qantas shares close steady in weak market
Qantas has announced another move to remain competitive during tough times for the aviation industry.[MORE]
Miners, banks drag market lower
The financial sector on the Australian share market has fallen after worrying profit results from United States bank Merril Lynch. [MORE]
Qantas shares up slightly
Qantas shares have risen slightley after the airline announced that it was shedding about 5 per cent of its workforce.[MORE]
Wall St sees further gains as oil prices slide
Sharply sliding oil prices and more encouraging profit results from the US banking sector have generated big gains again on Wall Street.[MORE]
Local market lifts on Wall St results
There was been a burst of positive sentiment in the Australian banking sector today, after some good news out of the United States overnight.[MORE]
Markets up as Wall St fears ease
Fears over the health of the US financial system have eased slightly after America's fifth-largest bank Wells Fargo posted surprisingly strong results.[MORE]
Market gains likely in early trade
Further gains look likely on the Australian share market today after a big recovery on Wall Street, but the Australian dollar continues to retreat.[MORE]
Wall Street recovers as investors ignore inflation figures
There has been a strong recovery on Wall Street with a continuing decline in oil prices, bargain-hunting and some encouraging profit results prompting investor interest.[MORE]
Local market bounces back
The Australian sharemarket has closed higher for the first time this week.[MORE]
Dollar buoyant after new high
The Australian dollar remained above 98 US cents in trade today, as fears over the health of the US financial system weighed on the greenback. [MORE]
