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Australian Market Trades Higher; Banks, Miners Rally

3/18/2012 9:33 PM ET (RTTNews) – The Australian stock market is trading notably higher on Monday with investors picking up stocks from across various sectors amid renewed optimism about the global economy.Mining, financial, healthcare, industrial and information technology stocks are mostly trading higher. Energy and consumer discretionary stocks are also finding good support.The benchmark S&P/ASX [...] [...]

Australian Market Trades Weak

3/11/2012 9:31 PM ET (RTTNews) – Despite a positive lead from Wall Street on Friday, the Australian stock market is trading weak on Monday with investors indulging in some profit taking, cashing in on recent gains.Energy, healthcare and financial stocks are trading a bit weak, while mining, industrial and property trusts stocks are trading mixed. [...] [...]

Australian Market Advances On Wall Street Lead, Greece Optimism

3/8/2012 8:38 PM ET (RTTNews) – The Australian stock market is trading higher on Friday, tracking cues from the U.S. and European markets, where stocks posted strong gains overnight after Greece achieved the bondholder support for a crucial debt swap.Mining, energy and property trusts stocks are trading firm. Financial, consumer discretionary, industrial and healthcare stocks [...] [...]

Australian Market Advances On Wall Street Lead

3/7/2012 8:35 PM ET (RTTNews) – The Australian stock market is trading modestly higher on Thursday with investors tracking a positive lead from Wall Street and indulging in some strong buying in energy, mining, industrial and financial stocks.The benchmark S&P/ASX 200 index is up 20.3 points or 0.5 percent at 4,164. The broader All Ordinaries [...] [...]

Australian Market Advances On Wall Street Lead, Greece Optimism

3/8/2012 8:38 PM ET (RTTNews) – The Australian stock market is trading higher on Friday, tracking cues from the U.S. and European markets, where stocks posted strong gains overnight after Greece achieved the bondholder support for a crucial debt swap.Mining, energy and property trusts stocks are trading firm. Financial, consumer discretionary, industrial and healthcare stocks [...] [...]

Australian Market Drifts Lower On Economic Concerns

3/6/2012 8:30 PM ET (RTTNews) – The Australian stock market is trading notably lower on Wednesday with investors indulging in some heavy selling across the board, tracking cues from Wall Street where stocks plunged overnight amid worries about the global economic outlook. A lower than expected rise in Australian GDP growth is also contributing to [...] [...]

Australian Market Drifts Lower

3/5/2012 8:39 PM ET (RTTNews) – The Australian stock market is trading notably lower on Tuesday with investors treading cautiously and pressing some sales ahead of the central bank’s rate decision. A weak close on Wall Street overnight and worries about the eurozone economy are also weighing on sentiment to a notable extent.Mining, energy and [...] [...]

Australian Market Trades Weak On Wall Street Lead

2/29/2012 8:43 PM ET (RTTNews) – The Australian stock market is trading lower on Thursday with investors pressing sales, tracking cues from Wall Street where stocks ended weak overnight after the Federal Reserve Chairman refrained from discussing further quantitative easing.Mining, energy and healthcare stocks are mostly trading weak, while consumer staples and telecommunications are finding [...] [...]

Australian Market Trades Modestly Higher

3/1/2012 8:34 PM ET (RTTNews) – The Australian stock market opened on a firm note on Friday following a strong lead from Wall Street overnight. Despite paring some gains subsequently, the market is still trading in positive territory with modest gains.Shares from materials, industrial and healthcare sections are finding good support, while energy, information technology [...] [...]

Australian Market Pares Some Early Gains

2/16/2012 8:36 PM ET (RTTNews) – After opening on a strong note following a positive lead from Wall Street where stocks moved higher overnight on some upbeat economic data, the Australian stock market gave up some gains on Friday with investors taking some profits at higher levels. Still, with the mood remaining fairly bullish, the [...] [...]

Australian Market Trades Weak

2/14/2012 8:42 PM ET (RTTNews) – The Australian stock market is trading weak on Wednesday with investors pressing sales following a weak U.S. retail sales report. Worries about the European economy on the back of recent downgrades by ratings agency Moody’s Investors Service and concerns about Greek debt are also hurting sentiment to a notable [...] [...]

Australian Market Declines On Greek Worries

2/15/2012 8:43 PM ET (RTTNews) – The Australian stock market is trading notably lower on Thursday with investors pressing sales almost across the board, tracking cues from Wall Street where stocks faltered overnight amid renewed worries about the financial situation in Greece.Mining, energy, financial and consumer staples stocks are mostly trading notably lower. Industrial, healthcare [...] [...]

Australian Market Pares Early Gains

(RTTNews) – After a firm start and a subsequent rise to higher levels following a positive lead from U.S. and European markets, the Australian stock market faltered on Tuesday with a section of investors treading cautiously and trimming down positions. The benchmark S&P/ASX 200 index, which tumbled to 4,051.6 after rising to around 4,085, is [...] [...]

Australian Market Rallies On Eurozone Bailout Hopes

(RTTNews) – The Australian stock market is trading higher on Monday with investors indulging in some hectic buying across the board amid hopes of a likely solution to the European debt crisis. Financial, mining and industrial stocks are up with strong gains. Stocks from energy, consumer discretionary and property trusts sectors are also mostly trading [...] [...]

Australian Market Drifts Lower Amid Euro Zone Worries

(RTTNews) – The Australian stock market is trading notably lower on Friday with investors pressing sales amid lingering worries about the financial crisis in the euro zone and its impact on the global economy.Almost all the sectoral indices are down in negative territory with notable losses. Energy stocks are among the worst hit, followed by [...] [...]

Australian Market Trades Weak

(RTTNews) – The Australian market recovered some lost ground on Monday after a flat start and a subsequent fall amid selective buying at lower levels. The mood, however, continues to remain cautious following a weak lead from Wall Street and on lingering concerns about the European economy.Energy, mining and industrial shares are trading weak, while [...] [...]

Australian Market Trades Higher

(RTTNews) – After a sharp upmove and a subsequent mild retreat, the Australian stock market is trading notably higher on Wednesday with investors indulging in stock-specific activity. A strong close on Wall Street overnight and easing worries about euro zone debt are aiding the surge. Energy, mining, financial and consumer discretionary stocks are moving higher. [...] [...]

Australian Market Up Sharply On Wall Street Cues

(RTTNews) – The Australian stock market is trading sharply higher on Tuesday with investors going on a buying spree following the splendid gains posted by stocks on Wall Street overnight amid renewed optimism about a recovery in Europe. Mining, energy and financial stocks are moving up sharply. Several stocks from consumer discretionary, industrial and property [...] [...]

Australian Market Rallies Sharply On Strong Global Cues

(RTTNews) – The Australian stock market is trading sharply higher on Thursday with investors going on a buying spree, buoyed by a strong close in the U.S. and European markets on Wednesday amid easing worries about the financial situation in Europe.Mirroring hectic buying across the board, all the sectoral indices are up in green at [...] [...]

Australian Market Pares Some Gains After Bright Start

(RTTNews) – The Australian stock market moved up sharply in early trades on Wednesday with investors picking several front line stocks from across various sectors, tracking a positive lead from Wall Street where stocks moved higher overnight amid easing worries about the European economy. However, with investors turning a bit cautious at higher levels and [...] [...]

Australian Market Trades Weak On Wall Street Cues

(RTTNews) – The Australian stock market is trading weak on Friday with investors indulging in some selling in several front line stocks, tracking the fall on Wall Street where stocks declined overnight amid cautious trades ahead of the crucial jobs data.Consumer discretionary, industrial, mining and property trusts stocks are mostly trading weak. Financial, mining and [...] [...]

Australian Market Trades Higher

(RTTNews) – The Australian stock market is trading higher for the fourth straight session on Thursday, buoyed by expectations that the Federal Reserve will implement fresh stimulus measures to shore up the U.S. economy.In early morning trades, the benchmark S&P/ASX 200 Index is advancing 25.50 points or 0.59 percent to 4,322, while the broader All [...] [...]

Australian Market Trades Higher

The Australian stock market is trading notably higher on Wednesday with the overnight sharp rally on Wall Street aiding sentiment. Energy and consumer discretionary stocks are moving up sharply. Shares from financial, healthcare and information technology sectors are also mostly trading in positive territory with notable gains. The benchmark S&P/ASX 200 index, which rose to [...] [...]

Australian Markets Pares Some Gains After Buoyant Start

The Australian stock market rose sharply in early trades on Thursday with investors tracking the overnight rally on Wall Street and picking up stocks from across various sectors. However, with a section of investors choosing to tread cautiously at higher levels, the market gave up some early gains subsequently. Energy, consumer discretionary, financial and property [...] [...]

Australian Market Trades Lower

The Australian stock market is trading notably lower on Thursday with investors pressing sales in several front line stocks from across various sectors following a flat close on Wall Street overnight. The benchmark S&P/ASX 200 index, which declined to around 4,262, is currently trading at 4,272, down 31.9 points or 0.7 percent from its previous [...] [...]