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Sharemarket Wrap 17 July 2012

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Submitted by Financial Adviser on Tue, 07/17/2012 - 19:54

The All Ordinaries Index gained 32.1 points to end the day 0.8% higher at 4,175.3.

Sharemarket Wrap 17 April 2012

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Submitted by Financial Adviser on Tue, 04/17/2012 - 23:38

The All Ordinaries index ended the day 13.9 points lower to close at 4,368.6.

Mixed economic data from the United States and concerns about Spain sent Australian shares further into negative territory on Tuesday, slipping below the 4300 mark. 

Sharemarket Wrap 13 April 2012

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Submitted by Financial Adviser on Fri, 04/13/2012 - 23:27
The All Ordinaries index gained 42.1 points to end the day 0.97% higher at 4,403.8.
 

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.
 

Sharemarket Wrap 17 Jan 2012

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Submitted by Financial Adviser on Tue, 01/17/2012 - 17:14
The All Ordinaries index gained 68.8 points to end the day 1.63% higher at 4,277.7.
 
Fortescue Metals Group Ltd (FMG) gained 3.90% to close at $4.80 after it announced its December quarter production results. Total shipped tonnes rose 19% to 14.8mt for the quarter. The company recorded an annualised run rate of 59mtpa through the quarter with a standout December month result of 5.3mt approaching a run rate of 64mtpa. FMG also reported a reduction in average C1 cost to US$46.43 per wet metric tonne.
 

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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