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Market Reports

Market Wrap: China data drags down ASX

06 Jan 2014 - China data drags down ASX. Takeover talk surrounds Commonwealth Property Office Fund (ASX:CPA) and Warrnambool Cheese & Butter Factory Co (ASX:WCB).

Midday: Energy stocks slip on lower oil price

06 Jan 2014 - Energy stocks slip on lower oil price. Cardno Limited (ASX:CDD) pulls back after announcing its chief will retire from March.

Outlook: Aus shares set for slight rise

06 Jan 2014 - Aus shares set for slight rise. Aurora Oil & Gas Limited (ASX:AUT) will cut spending on shale wells this year by slashing drilling on its own operated acreage.

Market Wrap: ASX new year spark fades

03 Jan 2014 - ASX new year spark fades. Last year’s best performing stock Twenty-First Century Fox Inc (ASX:FOX) firms after selling its stake in Star China TV.

Midday: ASX retreats from 2013 highs

03 Jan 2014 - ASX retreats from 2013 highs. Aurora Oil & Gas Limited (ASX:AUT) predicts production will jump about 47 per cent over 2014.

Outlook: ASX set to surrender 2014 gains

03 Jan 2014 - ASX set to surrender 2014 gains. Molopo Energy Limited (ASX:MPO) rises after tying-up the sale of its Texas assets.

Market Wrap: ASX posts golden start to 2014

02 Jan 2014 - ASX posts golden start to 2014. Woodside Petroleum Limited’s (ASX:WPL) plans for developing its Browse liquefied natural gas project are dealt a blow.

Midday: Aus shares leap into 2014

02 Jan 2014 - Aus shares leap into 2014. Shares in Buccaneer Energy Limited (ASX:BCC) take a tumble after sealing deals to sell certain assets and lower operating expenses.

Outlook: ASX starts 2014 trading year

02 Jan 2014 - ASX starts 2014 trading year. Sydney-based stockbroker Charlie Aitken lists James Packer’s Crown Resorts Limited (ASX:CWN) as among his stock picks for 2014.

Market Wrap: ASX posts 15% gain over 2013

31 Dec 2013 - ASX posts 15% gain over 2013. The Australian share market has posted a 15 per cent gain over the year, but ended the last session of the year in the red.

Outlook: Aus shares set to slip into NYE

31 Dec 2013 - Aus shares set to slip into NYE. A look at how 2012's best performer Maverick Drilling and Exploration Limited (ASX:MAD) and worst performer Aveo Group (ASX:AOG) fare…

Market Wrap: ASX continues to climb in 2013

30 Dec 2013 - ASX continues to climb in 2013. Shares in Forge Group Limited (ASX:FGE) rocket more than 50 per cent as it gears up to start work on a $830 million contract for the R…

Midday: Blue chips boost Aus shares

30 Dec 2013 - Blue chips boost Aus shares. Fortescue Metals Group Limited (ASX:FMG) reports a fatality at its Christmas Creek site.

Outlook: ASX set to widen 2013 rally

30 Dec 2013 - ASX set to widen 2013 rally. As the year draws to an end bank shareholders should be feeling happy with the sector having outperformed the benchmark index by 13.5 per…

Market Wrap: ASX trims a week of Xmas gains

27 Dec 2013 - ASX trims a week of Xmas gains. Myer Holdings Limited (ASX:MYR) is dealt a Boxing Day blow with the department store retailers site crashing and remaining shut down.

Midday: Aus shares buoyed by fresh US records

27 Dec 2013 - Aus shares buoyed by fresh US records. Takeover target Warrnambool Cheese & Butter Factory Co. (ASX:WCB) is reportedly getting eyed up by Chinese investors.

Outlook: ASX to cast aside holiday hangover

27 Dec 2013 - ASX to cast aside holiday hangover. Myer Holdings Limited's (ASX:MYR) website crashes as one of the biggest days of shopping in Australia gets fired up.

Market Wrap: Aus market rises in pre-Christmas rally

24 Dec 2013 - Aus market rises in pre-Christmas rally. National Australia Bank Limited (ASX:NAB) enters into an enforceable undertaking with ASIC following an inquiry into an Octob…

Outlook: Aus shares set for Santa rally

24 Dec 2013 - Aus shares set for Santa rally. Shell may sell up to $US30 billion of assets next year and its $US7 billion stake in Woodside Petroleum Limited (ASX:WPL) could be up …

Market Wrap: ASX cruises higher into Xmas week

23 Dec 2013 - ASX cruises higher into Xmas week. Newcrest Mining Limited (ASX:NCM) could face a class action from shareholders concerning its massive write-down in June.

Midday: Wall St records lift Aus shares

23 Dec 2013 - Wall St records lift Aus shares. Goodman Fielder Limited (ASX:GFF) rises after the food manufacturer inks a $17 million deal to sell its biscuit business to Green’s.

Outlook: Aus shares tipped to lift

23 Dec 2013 - Aus shares tipped to lift. Warrnambool Cheese & Butter Factory Co (ASX:WCB) expects to double its half-year earnings in fiscal 2014.

Market Wrap: ASX soars as Santa rally roars

20 Dec 2013 - ASX soars as Santa rally roars. Leighton Holdings Limited (ASX:LEI) and Watpac Limited (ASX:WTP) reveal new contract awards, capping off a busy week of announcements.

Midday: Aus shares climb as gold tumbles

20 Dec 2013 - Aus shares climb as gold tumbles. Shares in Anittel Group Limited (ASX:AYG) surge after BigAir Group Limited (ASX:BGL) announces its intention to buy the information …

Outlook: Aus shares set for slight gains

20 Dec 2013 - Aus shares set for slight gains. Incitec Pivot Limited (ASX:IPL) has signed a new gas supply agreement for its Phosphate Hill fertiliser manufacturing plant that will…

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