Tagged: ASX

ASX 200 posts record run of gains

By Anita Savage Telstra ended down more than 1 per cent at $6. 59 while Qantas also lost ground, closing at $2. 49. Virgin Australia rose 2. 25 per cent after reporting an increased...

Neil to leave OzForex helm

By Michael Roddan The online foreign exchange company announced the move today, saying that Mr Helm will remain in the role until a successor is appointed. “Neil has been instrumental in the growth of OzForex and...

ASX to push for 12-straight winning days

Telstra, another high-yielding stock, was at a 14-year high. "At the moment, markets are rallying from increased stimulus from central banks; earnings expectations have been wound back," Perpetual head of investment markets research Matt...

ASX extends rally as banks hit new highs

Since the start of the rally on January 21, the ASX200 has surged 9. 5 per cent higher. "We’ve had a very positive start to February and it’s following an adage which has become...

Markets Live: CBA rally drives ASX higher

The company returned to profitability last financial year and has been working to take costs out of the business in order to stay afloat in a continually challenging market. 1:39pm: UBS analyst James Coghill...

Markets Live: CBA rally steadies ASX

The bank also said it has followed CBA and Westpac in cutting the interest rate on its standard variable home loan rate by 25 basis points, the full amount of the RBA‘s cut, to...

DataRoom AM: IPOs aplenty

By Alexander Liddington-Cox The report is a welcome boost for the industry, which suffered a terrible hit to its reputation in 2009 when TPG listed Myer in a $2. 3 billion float, got into a scuffle with the Australian...

Vocus and Spark form NZ joint venture

By AAP Australian fibre network and datacentre company Vocus Communications has entered into an agreement with Kiwi telco Spark New Zealand to form a new construction joint venture, Connect 8. After an initial start-up...