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Market Report

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Language: English
Category: Business / Unknown
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Keep up to date with the Australian market report from leading finance commentator Michael Pascoe. Get the information you need with a morning report and an afternoon wrap covering all the major news and market movers.


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Market Report Friday September 5 - PM

What a day, what a dollar, but it's a little strange that it was the banking sector that lead the market down 2 per cent....

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[ Fri, 05 Sep 2008 07:47:07 GMT ]



Market Report Friday September 5 - AM

The weakening global economic story gathers pace on Wall Street, knocking 345 points off the Dow and smashing our dollar as well....

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[ Thu, 04 Sep 2008 22:39:57 GMT ]



Market Report, Thursday September 4 - PM

Down all over the shop today - but why the financials followed resources lower is not clear....

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[ Thu, 04 Sep 2008 07:50:09 GMT ]



Market Report Thursday September 4 - AM

More of the same - commodities down, financials up, leaving Wall Street somewhat stuck in the middle. There's been an amazing collapse in US vehicle sales though - maybe they're learning at last....

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[ Wed, 03 Sep 2008 22:24:20 GMT ]



Market Report Wednesday September 3 - PM

More of the same - resources stocks slammed while the rest firmed. And the national accounts numbers didn't tell us anything we didn't already know....

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[ Wed, 03 Sep 2008 07:04:24 GMT ]



Market Report Wednesday September 3 - AM

Commodity prices plunged taking the Aussie dollar down with them while the US dollar rallied - pointing to another session here of weak resources stocks and everything else firm....

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[ Tue, 02 Sep 2008 22:41:13 GMT ]



Market Report Tuesday September 2 - PM

Resources finished down but the rest of the market was up, buoyed by the interest rate cut. Our dollar meanwhile is in the low 84s....

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[ Tue, 02 Sep 2008 07:13:30 GMT ]



Market Report Tuesday September 2 - AM

Oil prices fall as Gustav weakens and the US dollar surges, pushing our dollar, commodity prices and resources stocks lower....

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[ Mon, 01 Sep 2008 22:19:13 GMT ]



Market Report Monday September 1 - PM

A good effort by the local market to finish flat today, while our trade surplus comes rolling in - just as the RBA expects....

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[ Mon, 01 Sep 2008 07:36:56 GMT ]



Market Report September 1 - AM

It's the start of RBA-interest-rate-cut week - and the end of the Wall Street holiday season with its light volumes....

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[ Sun, 31 Aug 2008 22:10:12 GMT ]



Market Report August 29 - PM

Four companies reported combined losses today of more than $5 billion - but it was a good day for the market in general and banks in particular....

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[ Fri, 29 Aug 2008 07:49:17 GMT ]



Market Report Friday August 29 - AM

Wall Street jumped, oil fell and US GDP is better than expected, but we have some 'interesting' corporate results today....

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[ Thu, 28 Aug 2008 22:22:56 GMT ]



Market Report Thursday August 28 - PM

AMP announces a drop in first-half profit, Centro shares jump up ahead of its annual results and local stocks close higher as gold, oil and base metal prices boost resources stocks....

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[ Thu, 28 Aug 2008 08:05:11 GMT ]



Market Report Thursday August 28 - AM

Strong durable goods order figures eases US economic concerns and sends Wall Street higher, oil rises above $US118 on weather worries, and Fannie Mae is in a management restructure, as the mortgage provider's CFO and chief risk officer step down....

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[ Wed, 27 Aug 2008 22:27:21 GMT ]



Market Report Wednesday 27 August - PM

The overall market was flat, but with plenty of individual stories as the profit announcements - and devaluations - keep rolling in....

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[ Wed, 27 Aug 2008 07:52:27 GMT ]



Market Report Wednesday August 27 - AM

Wall Street was quiet but slightly positive, leaving it to the currencies to swing the most and oil traders to worry about Hurricane Gustav, while we await another welter of major profit results....

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[ Tue, 26 Aug 2008 23:21:33 GMT ]



Market Report Tuesday August 26 - PM

Rio reckons China is about to surge again, our market made a mighty comeback from a 100-point loss, but the Australian dollar is diving again....

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[ Tue, 26 Aug 2008 07:11:04 GMT ]



Market Report Tuesday August 26 - AM

Wall Street dropped 2 per cent, but on very light volume. Our tone today should be set by the welter of major profit reports....

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[ Mon, 25 Aug 2008 22:26:02 GMT ]



Market Report Monday August 25 - PM

A particularly positive day, the all ords up 1.6 per cent, with even Babcock and Brown managing a rise....

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[ Mon, 25 Aug 2008 09:22:16 GMT ]



Market Report, Monday August 25 - AM

A positive lead from Wall Street and an extremely volatile session for the Aussie dollar, but it's more on the Babcock and Brown saga that should provide spice this week....

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[ Sun, 24 Aug 2008 22:27:23 GMT ]



Market Report Friday August 22 - PM

The resources sector gave the market a firm end to a turbulent week. Good heavens, even Babcock and Brown firmed today....

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[ Fri, 22 Aug 2008 07:58:57 GMT ]



Market Report Friday August 22 - AM

Wall Street ends the session in the black as high oil prices boost energy shares. Oil ticks over $US121 a barrel on Russia-US tension and investment bank Lehman Brothers loses two senior executives as analysts raise the prospect of a hostile takeover....

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[ Thu, 21 Aug 2008 22:29:41 GMT ]



Market Report Wednesday August 21 - PM

The banks took the market down 1% but Babcock and Brown's result and belated and not-very-convincing attempted makeover held the most interest - and biggest percentage loss....

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[ Thu, 21 Aug 2008 07:43:52 GMT ]



Market Report Thursday August 21 - AM

A mildly positive lead from Wall Street overnight which will help our market concentrate on the mass of profit reports out here today. And what is happening at Babcock and Brown....

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[ Thu, 21 Aug 2008 02:17:29 GMT ]



Market Report Wednesday August 20 - PM

Babcock & Brown's chairman and CEO to step down, media reports say, James Hardie's first quarter profit falls 96%, and local stocks rise 1.3% amid a busy day of corporate announcements....

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[ Wed, 20 Aug 2008 07:51:59 GMT ]



Market Report Wednesday August 20 - AM

Wall Street went south again on weak financial stocks and greenback, which lifted gold and oil prices, but we have plenty of profit results to watch today....

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[ Tue, 19 Aug 2008 22:11:12 GMT ]



Market Report Tuesday August 19 - PM

Ouch! The Australian market followed Wall Street instead of taking BHP's advice. Down went the all ords by 2.2 per cent, but the basket case of the day was the Babcock and Brown empire....

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[ Tue, 19 Aug 2008 07:22:45 GMT ]



Market Report, Tuesday August 19 - AM

Wall Street returned to worrying about financial stocks and that took 1.5 % off the market, but the oil price fell again despite a softer greenback....

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[ Mon, 18 Aug 2008 22:13:57 GMT ]



Market Report Monday August 18 - PM

The market tried going in both directions before finishing with a slight gain, but the real news is a bumper profit and strong outlook from BHP....

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[ Mon, 18 Aug 2008 07:36:37 GMT ]



Market Report, Monday August 18 - AM

A week choc full of corporate starts with the big one today: BHP. There's also the little matter of diving precious metals prices and weaker oil....

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[ Sun, 17 Aug 2008 21:58:59 GMT ]


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