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Markets Live: ASX rides high

2015-02-02 03:13:21| Biotech - Topix.net

Shares continue to climb as miners and energy stocks lead gains, with banks in support, while Kathmandu crashes on an earning update and JB Hi-Fi's profits dip. Oil has retraced some of Friday's gains , with the price of Brent crude falling $1.44, or 2.7 per cent, in Asian trade to $US51.55/barrel.

Tags: high live markets rides

 

Markets Live: Fortescue sinks

2015-01-27 02:55:12| Agriculture - Topix.net

Shares are up despite a steep fall in the iron ore price hitting miners as investors go for the security of bluechips such as CBA, Telstra and Woolworths. The appetite for dividend yield is set to keep growing , especially after the latest massive injection of easy money into global markets by the ECB sparked another bond market rally - making local yield plays like Telstra or CBA relatively attractive, Morgan Stanley says.

Tags: live markets sinks fortescue

 
 

Markets Live: Fortescue sinks

2015-01-27 02:35:03| Grocery - Topix.net

Shares are up despite a steep fall in the iron ore price hitting miners as investors go for the security of bluechips such as CBA, Telstra and Woolworths. The appetite for dividend yield is set to keep growing , especially after the latest massive injection of easy money into global markets by the ECB sparked another bond market rally - making local yield plays like Telstra or CBA relatively attractive, Morgan Stanley says.

Tags: live markets sinks fortescue

 

Markets Live: ASX through 5500

2015-01-23 07:40:49| Agriculture - Topix.net

Shares rallied hard in the wake of the bigger than expected monetary stimulus in Europe, with the ASX 200 closing above 5500, while the local dollar sunk below 80 US cents. The local bourse was a sea of green this week as investors cheered a larger than expected quantitative easing program from the European Central Bank, with the big miners and banks the prime beneficiaries.

Tags: live markets asx markets live

 

Markets Live: Modest rebound on ASX

2015-01-08 01:57:16| Grocery - Topix.net

Shares are trading higher, snapping two days of losses, but the gains are modest compared to overseas markets, while energy stocks are taking another hit. Hedge funds have applied a blowtorch to the retail and mining stocks , ensuring the two sectors are heavily represented on a list of the most-shorted stocks.

Tags: live markets modest rebound

 

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