Market Report
Top miners lead recovery
6:07pm | Top miners lead market recovery as beaten-down bank stocks regain losses.
Around the market
| Nasdaq | 2321.8 | -10.74 | -0.46% |
| CAC | 47.84 | -0.87 | -1.79% |
| Hang Seng | 24148.43 | 126.75 | 0.53% |
| AUD/USD | 0.9095 | 0.0072 | 0.8000% |
Market News
Stocks slide on weak US lead
The Australian stock market closed in negative territory with global credit woes and slowing US economic growth weighing on the local bourse.
Aussie dollar opens stronger as US talks up rate cuts
The Australian dollar has opened stronger as the prospect of a wider interest rate differential between Australia and the United States grew overnight.
Latest Company Announcements
| 01:00 PM | ZOR | End of Day |
| 01:00 PM | GWR | Resignation of Directors |
| 01:00 PM | ABQ | Appendix 3B |
| 01:00 PM | ABQ | Appendix 3B |
| 01:00 PM | ABQ | Appendix 3B |
| 01:00 PM | GXY | Response to ASX Appendix 5B Query |
| 01:00 PM | AUJ | Update on status of transfer |
| 01:00 PM | AUJ | Extension of exploration period |
| 01:00 PM | AUJ | Escrowed securities |
| 01:00 PM | AUJ | Market Release: Pre-quotation Disclosure |
| 01:00 PM | AUJ | Corporate Governance statement |
| 01:00 PM | AUJ | Appendix 1A: ASX application and agreement |
PM Market Report
February 15with Michael Pascoe
The financials took the market down to finish the week, the all ords off 68 points. Beware the leveraged eleven.
Insider Tips
Investors left wondering
MALCOLM MAIDEN
It seems even good profit results are not enough to push some share prices higher.
Director's & Substantial shareholders Dealings
| 01:00 PM | SPT | Change in substantial holding |
| 01:00 PM | MPS | Becoming a substantial holder |
| 01:00 PM | OCE | Change in substantial holding |
Hot stock: AWE
Despite a surging oil price, shareholders in the oil-and-gas producer AWE have endured poor share price performance.
Currencies
Aussie dollar drops below US 90 cents
10:38am | The Australian dollar has opened lower, after dropping below $US0.9000 overnight as European markets reacted to developments in yesterday's Asian trading session.
| AUD/USD | Buys: 0.9095 | Sells: 0.9092 | 0.0072 | 0.8000% |
| AUD/EUR | Buys: 0.6193 | Sells: 0.6191 | 0.0031 | 0.5000% |
