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BHP

BHP and Rio ready to rally?

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Submitted by Financial Adviser on Mon, 06/11/2012 - 14:28
One way or another, resources companies including BHP Billiton (BHP), Rio Tinto (RIO) and Fortescue Metals Group (FMG) may yet again get their moment in the sun next fiscal year.
 
But how long it will last will hinge upon the mettle of policy makers in Beijing, Brussels and Washington.
 
It has been an awful quarter for equity markets around the world. Investors are easily spooked by headlines, selling once-prized shares for safer bets such as US Treasuries.

Sharemarket Wrap 23 March 2012

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Submitted by Financial Adviser on Fri, 03/23/2012 - 17:24

The All Ordinaries index lost 4.2 points to end the day 0.1% lower at 4,360.7.

Sharemarket Wrap 8 Feb 2012

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Submitted by Financial Adviser on Wed, 02/08/2012 - 17:31

The All Ordinaries index gained 18.8 points to end the day 0.43% higher at 4,363.7.  S&P/ASX200 was up 16.5 points to 4290, still unable to break through the upside resistance.

Sharemarket Wrap 2 Feb 2012

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Submitted by Financial Adviser on Thu, 02/02/2012 - 20:29

The All Ordinaries index gained 42.2 points to end the day 1% higher at 4,333.2.

Sharemarket Midday Wrap 31 Jan 2012

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Submitted by Financial Adviser on Tue, 01/31/2012 - 12:32
Australian stocks have opened slightly higher after mixed leads from offshore bourses kept investors wary ahead of the start of the local earnings season.
 
Wall Street ended lower after US gross domestic product (GDP) data missed expectations - despite recording its fastest growth rate since the first quarter of 2010 - and more disappointing earnings results weighed on sentiment.
 

Market Overnight 12 January 2012

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Submitted by Financial Adviser on Thu, 01/12/2012 - 09:45

U.S. stocks improved from a weak opening to close near flat after economic conditions improved as 2011 drew to a close, according to the Federal Reserve’s latest survey(beige book) economic conditions released on Wednesday.

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