Indonesia may spark China Aussie coal flip
JAKARTA, RAW – Indonesia’s state utility has secured an extra 7.5 million tonnes of coal supplies, helping to avert power outages, boost stocks and increase the chances of the government lifting its export ban soon. Indonesia, the world’s top exporter of the coal used in power plants and China’s largest overseas supplier, on Saturday announced…
Wall Street gains as Omicron fears ease
NEW YORK CITY, RAW – The Dow and the S&P 500 have hit record highs as worries about the Omicron variant of the coronavirus subsided and financial stocks gained while Ford jumped on an upbeat forecast for electric pick-up production. Equity markets across the globe bounced for the second straight day of trading in 2022,…
Aust shares climb on strong Wall St cue
SYDNEY, AAP – The Australian share market is firmly higher in its first trading session for the year as investors looked past surging local coronavirus cases and instead focused on strong gains on Wall Street. The benchmark S&P/ASX200 index was up 95.9 points, or 1.29 per cent, to 7540.5 points at 1200 AEDT on Tuesday….
ASX dips as IT, healthcare stocks sold
SYDNEY, AAP – Investors on the Australian share market have not started confidently on the second day of trade for 2022, mimicking mixed results on Wall Street. The ASX was lower by 0.27 per cent on Wednesday due to falls in healthcare and technology shares and looked unlikely to match Tuesday’s gain of almost two…
National housing boom ends 2021 on high
CANBERRA, AAP – House prices soared across the country in 2021 but the heat is coming out of Sydney and Melbourne as Australia heads into the new year. CoreLogic data shows values rose 22.1 per cent in calendar 2021 for a median home value of almost $710,000. Property prices in Sydney, where the median home…
CommSec Daily Download Tuesday 4 January 2022
Record closes for key US and European share indices will provide support for the Aussie market. Today’s Announcements: Vulcan Energy Resources (VUL) has been granted 5 further exploration licenses in Germany Momentum from the Dow Jones index and S&P reaching record highs to potentially support the ASX The ASX today may carry momentum seen in…
Latest on worldwide spread of coronavirus
WASHINGTON, D. C., RAW – EUROPE * The English Premier League said on Monday it had found 94 positive COVID-19 cases among players and staff in the last week, the first week-by-week decrease in positive results for eight weeks. * France on Monday reported 67,641 new confirmed coronavirus cases in a 24-hour period, a figure…
Apple first firm to hit $US3t market value
NEW YORK CITY, RAW – Apple has become the first company with a $US3 trillion ($A4.2 trillion) stock market value, lifted by investors’ confidence the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and virtual reality. On the first day of trading in 2022, the company’s shares…
Sprightly European stocks greet new year
LONDON, RAW – World stock markets have got 2022 off to a confident start after their third consecutive year of double-digit gains, while the US dollar, oil prices and benchmark government bond yields all made early moves higher. London’s traders were enjoying their final day of festive rest, but mainland Europe saw a lively start,…
More funding to root out pest plants
CANBERRA, AAP – More than $600,000 has been put aside for a plant pest surveillance program to help protect Australia’s farming industry. AUSPestCheck has collected more than three million records and helps farmers detect new pest incursions before they have the chance to spread more widely. The online cloud database provides information about the location…
