RBA left cash rate unchanged

Rba Left Cash Rate Unchanged

At its meeting today, the Board decided to leave the cash rate unchanged at 4.25 per cent.
Information becoming available since the December meeting confirms that economic conditions in Europe were weakening late last year, with risks still skewed to the downside. Reflecting this, most forecasters have lowered their forecasts for world [...]

ASX market plummets below 4000

Share losses have accelerated in afternoon trade, pulling the S&P/ASX200 index below 4000 points, after fragile investor confidence took another hit from a downgrade in the US credit rating.
In afternoon trade, the benchmark S&P/ASX200 index was down 108.1 points, or 2.6 per cent, at 3997.3, dropping below 4000 points for the first time since July [...]

Shares opened 2 per cent down

FEARS the US economy is faltering sent the Australian stock market into a tailspin this morning with about $25 billion wiped off the accounts of superannuation holders and investors.
Australian shares dropped almost 2 per cent or 100 points in a horror day of trading as investors worried the sovereign debt problems in Europe will worsen [...]

ASX market drop 28 billion on Greek debt fears

THE Australian share market is teetering on the brink of a correction after a vicious sell-off wiped nearly 10 per cent off the value of local stocks in the past two months. A massive $28 billion was ripped out of the Australian share market yesterday, as a fresh wave of fear about the global economic [...]

Wall St losses impact Australian sharemarket

AUSTRALIAN shares have opened lower due to a weak lead from Wall Street and concerns about Europe’s debt woes, and forex traders found more reason to sell the local currency.
The benchmark S&P/ASX 200 index was down 10 points, or 0.2 per cent, at 4633 points, while the broader All Ordinaries had fallen 10.6 (0.2 per [...]

Resource stocks have pushed the Australian market lower by FNN

Despite positive leads The Australian share market opened weaker and has fallen point 7 per cent at noon. Resource stocks have pushed the market lower, and the Australian dollar surpassing 110 US cents has put a dampener on the market. The S&P/ASX200 index is down 41 points and is 4,782 at noon. On the futures [...]

Stock market lower at noon

The Australian stock market was lower at noon, giving up ground during the morning following a flat start and despite a flat to positive lead from offshore.
At 1200 AEDT, the benchmark S&P/ASX200 index was 15.9 points lower at 4,868.3 points.
Meanwhile, the broader All Ordinaries index had fallen 17.6 points, or 0.35 per cent, to 4,954.8 [...]

Share Market pull back from morning, but stay stable

STOCKS were firmer at noon, with the energy and gold sectors leading the market higher. However, stocks pulled back from their morning peak as banking stocks dipped into red figures by noon.
At 12.10pm AEST, the benchmark S&P/ASX200 index was up 11.6 points, or 0.23 per cent, at 4952.2 points, while the broader All Ordinaries index [...]

ASX left on the outer as exchanges face future

The alliances being forged by stock exchanges around the globe reveal a fundamental power shift that threatens an isolated ASX.
AT 8.30am on April 1, a small London-based trader that specialises in high-frequency trading strategies reported it had successfully executed 120 individual equities trades on a Chi-X trading platform at the speed of light.
The company’s chief [...]