Aussie Share Market gains $100B in 2 Days
Investors can take a breath as the Australian share market recovers some ground after a tumultuous week.
The controversial ban on short trading by the ASX assisted the recovery.
Australia's biggest company BHP Billiton jumped 12% in value.
-
- Share:
-
-
-
-
-
-
Reach -
Credibility
-
News Stories
- News Source: Adelaide Now | about 1 year agoMore than $51 billion in value was added to the market yesterday alone, with the All Ordinaries index jumping 4.3 per cent to 5050.1. It was boosted by a ban on the controversial practice of short selling, which allows traders to profit when shares...
- News Source: The Age | about 1 year agoTHE All Ordinaries Index had its biggest two-day rally in 21 years after regulators banned short-selling and the US Government proposed a $US700 billion ($A840 billion) plan to avert a financial meltdown. But the start of trading was delayed for an...
- News Source: Australian Broadcasting Corporation | about 1 year agoThe ASX 200 climbed 4.5 per cent to 5,020.5, while the All Ordinaries index gained 209.4 points to 5,050.1. The surge follows the Australian Securities and Investments Commission's move to ease market turmoil by extending a ban on most forms of short-...
- News Source: Androscoggin News | about 1 year agoThe Australian share market surged as the US Treasury plan to restore calm to the financial system begins working its way through Congress in what could become a contentious fight this week. The benchmark S&P/ASX200 index gained as much as 4.45%,...
- News Source: Inquirer.net | about 1 year agoAsian shares are set to surge Monday as the US government's plan to shore up ailing financial systems saw Wall Street finish a week of upheaval on a wave of confidence. The main US indexes rose at least 3.0-4.0 percent on Friday, a two-day rally that...
Blogs
>
- Blog Source: intermexfreemarket.blogspot.com22 (Bloomberg) -- Asian stocks surged, led by financial and commodity companies, after the US government proposed buying $700 billion of bank assets and Australia and Taiwan restricted the short sale of equities. ...
- Blog Source: netmillionare.blogspot.comTaiwan's financial regulator banned short selling of 150 stocks after the market lost a third of its value in 2008. In Australia, traders won't be allowed to transact covered short sales, in which stock is borrowed to bet on share price ...
- Blog Source: business.presslogs.comBut National Australia Bank’s head of research, Peter Jolly says it could also put pressure on the Reserve Bank of Australia to keep cutting interest rates. Mr Jolly said the RBA would want to head off a rise in mortgage rates that ...
- Blog Source: nzcapitalist.blogspot.comAs I write this the Australian Sharemarket is opening and most stocks are well up on their Friday close....ANZ and BHP are up 11 - 12% What I think may happen is something like this, and using the ANZ bank as an example. ...
- Blog Source: www.classicfm.co.zaOne is that in the Australian share markets, the financial sector is actually very large. The major banks, for example, and financial institutions actually have a very high weighting in the All Ordinaries Index, which is our share ...
- Blog Source: netmillionare.blogspot.comIt doesn't care how big or small their customer is. Cash is cash. Business is business. And business is good. The company has reported half-year revenue of $72.8 million, over 20% greater than the original forecast. ...
Images
>
-
Image Source: www.marketmasters.c...... Australian All Ordinaries ...Image Source: www.marketmasters.c...... Australian All Ordinaries Index.
Videos
>
- Video Source: youtube.comStock and share market, Can ...Video Source: youtube.com
- Video Source: youtube.comAustralian stock/share market-...Video Source: youtube.comwww.tradingandinvesting4u.com...Australian stock/share market-Trading and ...
- Video Source: youtube.comTrading and Investing ASX,...Video Source: youtube.comwww.tradingandinvesting4u.com Trading and Investing ASX,Australian stock-...
- Video Source: www.truveo.comAussie share market doing okVideo Source: www.truveo.comThe Australian share market has rallied this morning after a $900 billion ...
- Video Source: youtube.comAustralian stock/share market-...Video Source: youtube.comwww.tradingandinvesting4u.com...Australian stock/share market-trading and ...
- Video Source: youtube.comMarket Report - Asia Recovers ...Video Source: youtube.comWorld no. 1 mining firm BHP Billiton was higher ahead of earnings results ...
Post a Comment Comments: 0
Reported by southnet
Cell phones use report code: Most Popular Reports
Related Allvoices Reports
Site Links
Site Topics
Contributions
- Report Your News
- Add your voice and contribute via your cellphone - check out how to Report News via Your Cellphone
- Blog Widget
- Widget for Blog Owner
