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ASX dips into the red for the year

2014-11-20 09:48:35| Grocery - Topix.net

The Australian sharemarket fell to a four week low and back into the red for the year as the large cap miners succumbed to iron ore weakness and the retail giants were also hammered. The S&P/ASX 200 index fell 52.6 points, or 0.98 per cent, to the day's low of 5316.2 on volume 12 per cent above average as BHP Billiton, Rio Tinto, Woolworths and Wesfarmers all lost around 2 per cent as tumbling iron ore prices signalled strengthening domestic global growth headwinds.

Tags: the year red dips

 

Grim day for ASX as iron ore miners crash

2014-11-12 10:39:25| Automakers - Topix.net

"The worst performers have been the materials sector on the back of the falling iron ore price. BHP is down, Rio is down.

Tags: day iron ore crash

 
 

ASX not back in the black yet

2014-11-05 08:48:07| Grocery - Topix.net

A rebound in Woolworths shares and a bumper profit result from the Commonwealth Bank combined to nearly push the local stockmarket into the black but in the end were not enough to offset a bigger fall in the resources sector. The benchmark S&P/ASX200 fell just 2 points to 5519.

Tags: back black yet asx

 

Markets Live: ASX ahead by a nose

2014-11-05 05:43:25| Grocery - Topix.net

Shares climb thanks to a bounce in the big miners and after retailers were buoyed by strong consumer spending data and a steady RBA rates decision. And here are today's winners and losers ... pick a r are appearance from a bluechip among the worst .

Tags: live ahead markets nose

 

Markets Live: ASX defies odds

2014-10-17 11:11:01| Toys - Topix.net

Amid a spike in global volatility, the ASX200 closes higher to post its biggest weekly gain in two months, as investors snap up sold-down stocks, including the big banks. Indonesia's president-elect Joko Widodo plans to r aise the price of subsidised gasoline and diesel by around 50 per cent within two weeks of taking office, a move that will save the government nearly $US13 billion next year, an adviser to Widodo told Reuters.

Tags: live markets odds asx

 

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