Markets
Stocks climb to two-month high
4:42PMSamantha WoodhillThe local bourse has notched up its fifth positive close in a row, it best winning streak since late March.
ALP ‘attacks’ force ASIC retreat
11:02AMJohn DurieCredit Suisse’s John O’Sullivan has withdrawn his candidacy to head ASIC, citing “disturbing, personal” Labor attacks.
The code for tech success
12:00AMGlenda KorporaalEntrepreneur Bobby Yazdani is still working out if he will tip a stock at this year’s Sohn Hearts & Minds conference.
Miners weigh on ASX at noon
12:39PMRebecca GredleyThe sharemarket was steady at midday as falls by miners offset gains in most other sectors.
AMP throws in stock-pick towel
12:00AMDavid RogersAMP Capital is shaking up its equities business to focus on low-cost investing through automated trading.
Westpac digs in on interest-only
12:00AMMichael RoddanWestpac has defended its exposure to interest-only home loans, with CEO Brian Hartzer comfortable with the risks.
AMP Capital in equities shakeup
2:52PMSamantha Woodhill, David RogersAMP Capital will overhaul its $12bn Australian equities unit to focus more on a lower-cost, computerised strategy.
ASX hits seven-week high
Samantha WoodhillLocal stocks ended 0.6 per cent higher after global growth prospects brightened and as the Aussie dollar strengthened.
ASX gains ground to noon
Rebecca GredleyLocal stocks were over 0.6pc higher at midday, with gains led by a strong information technology sector.
Chinese tourist numbers to soar
Glenda KorporaalThe number of Chinese tourists coming to Australia is expected to triple by 2026.
ASX 200 TOP GAINERS & LOSERS
Company Name | Price | Change | %Change | |
---|---|---|---|---|
IPH Limited | 5.60 | +0.44 | UP | +8.5271% |
Bapcor Limited | 5.46 | +0.21 | UP | +4.0% |
Nine Entertainment Co. Holdings Limited | 1.46 | +0.04 | UP | +2.8269% |
ALS Limited | 8.47 | +0.23 | UP | +2.7913% |
Fairfax Media Limited | 1.01 | +0.03 | UP | +2.5381% |
FlexiGroup Limited | 1.56 | -0.06 | Down | -3.4162% |
Whitehaven Coal Limited | 3.77 | -0.11 | Down | -2.8351% |
HT&E; Limited | 1.80 | -0.04 | Down | -1.9126% |
Fortescue Metals Group Ltd | 4.87 | -0.09 | Down | -1.8145% |
Breville Group Limited | 11.61 | -0.19 | Down | -1.6102% |
12:00AM AEDT
AMP turns back on portfolio
David RogersAMP Capital has caved in to pressure on fees from index and computerised trading in the funds management industry.
Stocks end choppy session flat
Samantha WoodhillThe local bourse ended mixed following a weak lead from a lightly-traded session on Wall Street overnight.
Stocks edge higher at noon
Prashant MehraThe ASX crept higher to midday, building on two days of gains, despite a weak lead from overseas markets.
Tension hits merger activity
Cliona O’DowdGlobal mergers and acquisitions stumbled in the third quarter as geopolitical tensions took their toll.
Asset values could rise: Tribeca
Cliona O’DowdAs Sean Fenton sees it, the big risk in the market isn’t that asset prices are falling but that they could surge.
Global shares best for growth
David RogersAussie shares may be due for a rally, but further underperformance is likely.
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