Investors to take heart from Wall Street rally 21st Apr 2008 THE sharemarket is expected to open higher today after US stocks surged on Friday as internet leader Google and heavy equipment maker Caterpillar released profits that defied Wall Street's modest expectations. [read more]
Shares dip as investors take profits 19th Apr 2008 THE Australian sharemarket dipped 1.6 per cent yesterday after Wall Street provided a lacklustre lead and energy and base metal prices fell overnight. [read more]
Strong opening burst trimmed back to size 18th Apr 2008 THE Australian sharemarket pared back big early gains to finish almost 1 per cent higher yesterday. The strong opening was inspired by investor confidence on Wall Street and rising commodity prices. [read more]
Strong start sustained through the session 17th Apr 2008 THE Australian sharemarket closed firmly in positive territory as a surging oil price helped energy stocks and encouraging news from some US regional banks boosted financial stocks. [read more]
Hope on interest rates offers fillip 16th Apr 2008 THE Australian sharemarket closed more than 1 per cent higher yesterday as energy stocks were buoyed by record oil prices overnight. [read more]
US jitters stain local bourse red 15th Apr 2008 THE sharemarket closed deep in the red yesterday as the ripples from a slump on Wall Street slump on Friday reached Australian shores. [read more]
April 13, 2008- Market Summary 14th Apr 2008 In our last report, we mentioned that the recent rally was welcomed by the bulls, but we also noted that the nearby resistance prevented us from determining whether the upward momentum would be able to continue. [read more]
Sellers hit gambling stocks 12th Apr 2008 THE sharemarket closed slightly lower yesterday, with the gambling companies Tabcorp and Tatts Group plunging after the Victorian Government decided to scrap the 14-year duopoly when current licences expire in 2012. [read more]
Credit concern permeates market 10th Apr 2008 THE Australian sharemarket closed lower after a weak lead from Wall Street, confirmation of declining domestic consumer sentiment and continuing concerns about the global credit squeeze. [read more]
Oil price fall helps transport stocks 2nd Apr 2008 THE Australian sharemarket closed marginally higher yesterday as investors bided time while the board of the Reserve Bank of Australia met but decided to keep official interest rates steady. [read more]
