(RTTNews) – Australia’s sharemarket is expected to move higher at Tuesday’s open, as world markets react positively to the latest word of agreement for relieving the Eurozone’s sovereign debt issues.Broadly higher commodity prices are expected to give the key mining sector a boost.Australia’s market posted its fourth consecutive gain on Monday.The benchmark S&P/ASX200 index added [...] [...]
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(RTTNews) – Gains are expected for the New Zealand and Australia markets at Thursday’s opens. Traders saw Wall Street move broadly higher overnight, while concerns about Greek debt eased slightly after reassuring remarks from German Chancellor Angela Merkel and French President Nicolas Sarkozy.Both markets closed lower on Wednesday, largely in reaction to a reduction in [...] [...] (RTTNews) – Higher opens are expected Friday for the New Zealand and Australia sharemarkets, as new efforts to bolster Europe’s banking community lifted Wall Street and market in Europe overnight.The European Central Bank announced joint action with the Federal Reserve and other central banks to assure liquidity of the troubled European banks.New Zealand’s market closed [...] [...] (RTTNews) – Weak opens are expected Friday for the New Zealand and Australia sharemarkets. Traders saw Wall Street move broadly lower on Thursday despite a strong start. The markets awaited key employment data from the government and another speech from Federal Reserve Chairman Ben Bernanke on Friday.New Zealand’s sharemarket rose for a fourth straight session [...] [...] (RTTNews) – Mixed to higher opens are expected Thursday for the New Zealand and Australia sharemarkets.Wall Street provides another positive lead, albeit a small one.New Zealand’s sharemarket posted its third straight gain on Wednesday.The benchmark NZX-50 index added 5.34 points or 0.16 percent to close at 3.323.07.Shares of telecom giant Telecom Corp of NZ fell [...] [...] Mixed to higher opens are expected Thursday for the New Zealand and Australia sharemarkets. Traders look to bounce back and seek bargains after Wednesday’s losses through most of the region. Wall Street provides its third straight positive lead. New Zealand’s was the only major stock market in the Asia/Pacific region to manage a gain on [...] [...] Rising fears about the European economy and the viability of European banks are expected to push the New Zealand and Australia sharemarkets lower at Friday’s open. Wall Street reacted to the Euro issues with a sharp plunge Thursday. New Zealand’s sharemarket ended a six-session winning streak with a modest decline on Thursday. The benchmark NZX-50 [...] [...] Mixed opens are expected Thursday for the New Zealand and Australia sharemarkets. Traders saw Wall Street closed mixed after trading in a broad range on Wednesday. New Zealand’s sharemarket advanced for a sixth straight session on Wednesday. The benchmark NZX-50 index rose 16.36 points or 0.50 percent to close at 3,290.10. The list of the [...] [...] The Australian market is down sharply in the red on Friday with investors going on a selling spree following a massive sell-off on Wall Street overnight amid fears of a recession on the back of a series of disappointing economic reports. Financial, mining, energy and industrial stocks are mostly down with sharp losses. Consumer discretionary [...] [...] |
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