ASX Market Archive

All Ordinaries Index delayed 20 min

Advertisers

Click Here To Advertise

Forex Trading

Weekly Market Snapshot - 13/08/10

Australian shares rose strongly on Friday, led by strong gains in the resource sector, helping to regain some of the market's weekly loss.

The S&P/ASX200 index finished up 58.7 points, or 1.3 cent, at 4459.6 points, while the All Ordinaries index gained 58.5 points, or 1.3 per cent, to 4480.9 points.

The ASX200's loss for the week was about 2.3 per cent. A string of solid earnings during the week was overshadowed by gloomy corporate outlooks.

Weekly Market Snapshot - 27/08/10

The Australian Stock Market recovered losses in the morning trade to finish 0.3 percent higher on Friday, helped by banks.

For the week, the market lost 1.4 percent, its third straight negative week after a string of weak U.S. data raised fears about a fresh slide into recession.

Sentiment was subdued ahead of a probable downward revision in U.S. second-quarter economic growth on Friday and a speech by Federal Reserve chief Ben Bernanke at a top-level gathering of the world's central bankers in Jackson Hole.

"The double-dip is a nagging concern at the back of everyone's minds, but at the same time there is still a fair amount of demand for the bulk commodities that Australia is producing," Argonaut director of research Ian Christie said.

Figures next week should show Australia once again outperformed most developed economies in the second-quarter with modest growth, helped by demand for its exports.

Weekly Market Snapshot - 03/09/2010

The benchmark S&P/ASX 200 closed up 37 points(0.8%), at 4532.7 on relatively light trading volume on Friday's close.

The S&P 200 hit a four week high of 4552.7 before before falling back slightlt to close the week at 4532.7

Friday's close was the fifth straight close in the last 6 trading days.. The Australian share market is expected to open higher when trade resumes on Monday after a better than expected US jobs report eased concerns about the American economy.

The September futures contact is tipping the local market to open 50 points higher on Monday after Wall Street finished higher on Friday. Economic data in the US on Friday night came in better than expected with private employers in the US adding 67,000 jobs during August, while the unemployment rate rose 0.1 percentage points to 9.6 per cent, the US Department of Labor said.

The S&P 500 index added 1.32 per cent on Friday for a 3.75 per cent increase on the week ending September 3.

...................................................................................................................................................................................................................................

Weekly Market Snapshot - 10/09/2010

On the Australian Share Market on Friday, the benchmark S&P/ASX 200 index closed down 21.9 points, or 0.48 per cent, at 4,560.3 points, while the broader All Ordinaries index fell 20.6 points, or 0.45 per cent, to 4,600.7 points.

The Australian share market is expected to open higher on Monday in the wake of gains on US markets on Friday night.

Wall Street ended higher as a better than expected wholesale inventory report boosted confidence in the US economy.

The DJIA index gained 47.53 points, or 0.46 per cent, to 10,462.77.

The S&P 500 index added 5.37 points, or 0.49 per cent, at 1109.55 points, and the Nasdaq rose 6.28 points, or 0.28 per cent, to 2242.48 points.

Weekly Market Snapshot - 24/09/2010

On the Australian Share Market on Friday, the benchmark S&P/ASX 200 index closed down 31.7 points, or 0.7 per cent, at 4,601.9 points, while the broader All Ordinaries index fell 28.5 points, or 0.46 per cent, to 4,651.5 points.

The biggest losers were gold stocks with the gold sector finishing down 1.9%