Strategies that seek to deliver a pre-determined rate of return over a specified period of time are uncommon, but defined-return investing may be finding its place in the Australian market.
Global share markets are transfixed by the latest US debt ceiling crisis, and the Australian bourse is just like all of them – very much in wait-and-see mode. The S&P/ASX 200 index ended 35.5 points, or 0.5 per cent lower, at 7,199.2, after falling as much as 1.1 per cent, while the broader All Ordinaries…
The Australian sharemarket finished lower on Tuesday as investors digested the prospect of further tightening by the Reserve Bank, after the minutes of the central bank’s latest meeting mentioned the possibility of rate “increases,” with any potential move depending on how the economy and inflation pan out. Markets also assessed weaker-than-expected economic data from China,…
There was not much change in the major share market indices on Monday, but they did end in the green; the benchmark S&P/ASX 200 index regained a small loss in the morning to close up 10.4 points, or 0.1 per cent, at 7267.1 points; while the broader All Ordinaries index gained 7.3 points, or 0.1…
Despite four straight losing days, the Australian share market’s benchmark S&P/ASX 200 index finished in the black for the week of 8—12 May, with a 0.8 per cent gain on Monday doing all of the heavy lifting for an eventual 0.5 per cent weekly rise. The benchmark S&P/ASX200 index on Friday closed 4.8 points lower…
Australian shares closed slightly weaker on Thursday, with the benchmark S&P/ASX 200 index finishing down 3.8 points at 7,251, while the broader All Ordinaries fell 2.6 points to 7,449. In the materials sector, lithium producer Allkem was the focus of attention after its $15 billion merger announcement. The Brisbane-based company, which produces lithium in Argentina…
Many end-investors might assume that it is equities managers that are most at risk from whipsawing jerks in market sentiment, but fixed-income managers, too, can find themselves out of position very quickly, as something they did not see coming… comes.
The Australian sharemarket yawned on Wednesday when it came to factoring-in the Budget announced the previous night. The benchmark S&P/ASX200 index closed the session down 8.4 points, or 0.1 per cent, to 7,255, while the broader All Ordinaries index barely moved, down 4.4 points to 7,452. Some of the healthcare stocks rose, attributed to hopes…
After a strong session for global markets on Friday, Australian shares will take a positive lead into the new week – and month. The Australian benchmark index, the S&P/ASX 200, added 16.5 points, or 0.2 per cent, on Friday, to 7,309.2, but eased 53 points, or 0.7 per cent over the week. ASX futures trading…
After a poor lead from Wall Street, the S&P/ASX 200 index recovered some of its early losses on Wednesday to close 5.7 points lower at 7316.3, after Australian core inflation for the first quarter came in weaker-than-expected. The broader All Ordinaries index was down 9.4 points, at 7,502.8. Annual inflation fell to 7 per cent…
