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Market Reports

Midday: ASX stained red, gold gleam darkens

21 Jun 2013 - ASX stained red, gold gleam darkens. Rio Tinto Limited’s (ASX:RIO) Mongolian operations hit a hurdle after the government delays launching its $6.2 billion copper and…

Outlook: Aus shares set to plunge

21 Jun 2013 - Aus shares set to plunge. Intrepid Mines Limited (ASX:IAU) survives an attempted coup by a Hong Kong private equity group.

Market Wrap: Miners hammered as ASX tumbles 2%

20 Jun 2013 - Miners hammered as ASX tumbles 2%. As the mining downturn continues Fortescue Metals Group Limited (ASX:FMG) cuts shipment forecasts and Emeco Holdings Limited (ASX:E…

Midday: ASX sinks on US stimulus & China fears

20 Jun 2013 - ASX sinks on US stimulus & China fears. ANZ Banking Group (ASX:ANZ) brushes off claims it plans to axe up to 600 jobs.

Outlook: Aus shares set to reverse gains

20 Jun 2013 - Aus shares set to reverse gains. Telstra Corporation Limited (ASX:TLS) is reportedly telling contractors work cannot resume on the NBN rollout until they meet toughen…

Market Wrap: ASX closes at session high

19 Jun 2013 - ASX closes at session high. Transfield Services Limited (ASX:TSE) is awarded two contracts for works on the National Broadband Network in Victoria, with a total poten…

Midday: ASX 0.4% up at noon

19 Jun 2013 - ASX 0.4% up at noon. Whitehaven Coal Limited (ASX:WHC) shares rise after Nathan Tinkler sold 101 million shares to US investment firm Farallon Funds.

Outlook: Aus shares to lift at the open

19 Jun 2013 - Aus shares to lift at the open. Leighton Holdings Limited (ASX:LEI) appoints three new board members to replace the directors that resigned.

Market Wrap: Bank buys lead ASX fightback

18 Jun 2013 - Bank buys lead ASX fightback. Lend Lease Group (ASX:LLC) reassures investors its earnings will grow this financial year despite a restructure to deal with a slowing c…

Midday: ASX hovers in red zone

18 Jun 2013 - ASX hovers in red zone. Pacific Brands Limited (ASX:PBG) flags possible international expansion as part of a five-year plan to offset falling earnings in a bitterly a…

Outlook: Aus shares to move slightly higher

18 Jun 2013 - Aus shares to move slightly higher. Lend Lease Group (ASX:LLC) shares slump to their lowest point in seven months on news it will overhaul its Australian construction…

Market Wrap: ASX recovers on financials rally

17 June 2013 - ASX recovers on financials rally. Employment services firm Skilled Group Limited (ASX:SKE) acquires Darwin based marine contractor Broadsword for $75.5 million.

Midday: ASX slides to start week

17 June 2013 - ASX slides to start week. Lend Lease Group (ASX:LLC) shares slide after the property group warns shareholders construction output will be lower and flags reduced ear…

Outlook: Aus shares tipped for moderate drop

17 Jun 2013 - Aus shares tipped for moderate drop. Virtus Health Limited (ASX:VRT) plans to expand into Asia and grow at around four per cent annually over the long-term.

Market Wrap: ASX spikes 2% to erase weekly loss

14 Jun 2013 - ASX spikes 2% to erase weekly loss. ASX Limited (ASX:ASX) completes the first part of its capital raising targeting more than half a billion dollars.

Midday: ASX & AUD rally on Wall St gains

14 Jun 2013 - ASX & AUD rally on Wall St gains. Shares in News Corp (ASX:NWS) rise after the details of two splits are announced, the media companies new entities and its chief's d…

Outlook: Aus shares set to regain ground

14 Jun 2013 - Aus shares set to regain ground. Rio Tinto Limited (ASX:RIO) writes $592 million off its Tiwai Point aluminium smelter in New Zealand.

Market Wrap: Aus shares touch 2013 low

13 Jun 2013 - Aus shares touch 2013 low. Investors pile out of Lynas Corporation Limited (ASX:LYC) after the rare earths producer reveals it will set a new minimum price schedule.

Midday: ASX retreats into correction territory

13 Jun 2013 - ASX retreats into correction territory. Alacer Gold Corporation CDI (ASX:AQG) jumps after the gold producer reveals it is pursuing the sale of its Australian assets.

Outlook: Aus shares to dip ahead of jobs data

13 Jun 2013 - Aus shares to dip ahead of jobs data. Santos Limited (ASX:STO) says it's working closely with NSW regulators to correct practices after the NSW Government launched le…

Market Wrap: Aus shares close 0.7% down

12 Jun 2013 - Aus shares close 0.7% down. Wesfarmers Limited (ASX:WES) supermarket chain Coles faces federal court action from the Australian Competition and Consumer Commission ov…

Midday: ASX languishes, sentiment recovers slightly

12 Jun 2013 - ASX languishes, sentiment recovers slightly. James Hardie Industries PLC (ASX:JHX) appoints Matthew Marsh, a senior executive from GE, to replace outgoing CFO Russell…

Outlook: Aus shares to fall

12 June 2013 - Aus shares to fall. Graincorp’s Limited (ASX:GNC) capital expenditure budget may be about to get a boost, as Archer Daniels Midland seeks to sure up its takeover of …

Market Wrap: ASX 0.4% up, Virtus enjoys healthy debut

11 Jun 2013 - ASX 0.4% up, Virtus enjoys healthy debut. Gindalbie Metals Limited (ASX:GBG) soars more than 21 per cent after Chinese Ansteel agreed to extend bridging loans to a $1…

Midday: AUD hits 32 month low

11 Jun 2013 - AUD hits 32 month low. Worleyparsons Limited (ASX:WOR) is awarded an engineering services contract relating to the Kansanshi copper smelter development in Zambia.

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