Last updated: October 12, 2017

Stocks climb to two-month high

The information boards at the Australian Stock Exchange (ASX) show the market down more than 1% in Sydney, Wednesday, May 4, 2016. (AAP Image/Dean Lewins) NO ARCHIVING

The local bourse has notched up its fifth positive close in a row, it best winning streak since late March.

ALP ‘attacks’ force ASIC retreat

AIEF Compendium and Annual Report Launch

Credit Suisse’s John O’Sullivan has withdrawn his candidacy to head ASIC, citing “disturbing, personal” Labor attacks.

The code for tech success

Supplied Editorial

Entrepreneur 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

The information boards at the Australian Securities Exchange (ASX) in Sydney, Wednesday, June 21st, 2017. (AAP Image/Craig Golding) NO ARCHIVING

The sharemarket was steady at midday as falls by miners offset gains in most other sectors.

AMP throws in stock-pick towel

AMP throws in stock-pick towel

AMP Capital is shaking up its equities business to focus on low-cost investing through automated trading.

Westpac digs in on interest-only

Banks

Westpac has defended its exposure to interest-only home loans, with CEO Brian Hartzer comfortable with the risks.

AMP Capital in equities shakeup

AMP logo on side of building

AMP Capital will overhaul its $12bn Australian equities unit to focus more on a lower-cost, computerised strategy.

ASX hits seven-week high

The information boards at the Australian Securities Exchange (ASX) in Sydney, Wednesday, June 21st, 2017. (AAP Image/Craig Golding) NO ARCHIVING

Local stocks ended 0.6 per cent higher after global growth prospects brightened and as the Aussie dollar strengthened.

ASX gains ground to noon

The information boards at the Australian Securities Exchange (ASX) in Sydney, Wednesday, June 21st, 2017. (AAP Image/Craig Golding) NO ARCHIVING

Local stocks were over 0.6pc higher at midday, with gains led by a strong information technology sector.

Chinese tourist numbers to soar

A man takes a photograph of a woman front of the Sydney Opera House in Sydney, Thursday, Oct. 6, 2016. NSW's net debt will be wiped out following a bumper budget surplus of $4.7 billion for the last financial year, Treasurer Gladys Berejiklian. (AAP Image/Mick Tsikas) NO ARCHIVING

The 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

AMP turns back on portfolio

AMP Capital has caved in to pressure on fees from index and computerised trading in the funds management industry.

Stocks end choppy session flat

The information boards at the Australian Securities Exchange (ASX) in Sydney, Wednesday, June 21st, 2017. (AAP Image/Craig Golding) NO ARCHIVING

The local bourse ended mixed following a weak lead from a lightly-traded session on Wall Street overnight.

Stocks edge higher at noon

The information boards at the Australian Securities Exchange (ASX) in Sydney, Wednesday, June 21st, 2017. (AAP Image/Craig Golding) NO ARCHIVING

The ASX crept higher to midday, building on two days of gains, despite a weak lead from overseas markets.

Tension hits merger activity

p19wgmar. Saturday October 27 has the highest number of auctions scheduled for Melbourne in past two years.  21 Terrara Road, Vermont, goes under the hammer. Around 100 people attended the auction. There was only 1 bidder on the day. The property was passed in at 2 million dollars.  Generic auctioneer shoot.

Global mergers and acquisitions stumbled in the third quarter as geopolitical tensions took their toll.

Asset values could rise: Tribeca

Tribeca Investment Partners

As 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

Global shares best for growth

Aussie shares may be due for a rally, but further underperformance is likely.

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