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| World Markets |
| Index |
Value |
Change |
| NZSE40 |
2153.11 |
-53.58 |
| Australia - All Ords |
3050.90 |
-73.20 |
| US - Dow Jones |
11156.16 |
+158.23 |
| US - Nasdaq |
3854.18 |
-47.51 |
| US - S & P 500 |
1403.92 |
+4.50 |
| London - FTSE 100 |
Market |
Closed |
| Hong Kong - Hang Seng |
15846.13 |
-1226.69 |
| Japan - Nikkei 225 |
18542.55 |
-460.31 | |
| Dow Jones, Nasdaq and S&P 500 levels are at 8:00am NZST
|
New Zealand
Far from starting the new year in a blaze of glory, New Zealand shares
stumbled through day one of millennium trading knocked by international
unrest over a potential rise in US interest rates ... [more]
IT Capital says there is no new information explaining the recent near
doubling of its share price ... [more]
The first day of share trading in the new millennium for the New Zealand
Stock Exchange got off to a busy start yesterday with no apparent Y2K
glitches ... [more]
Otter Gold Mines says it has made a significant new gold find at its
Tanami joint venture project in Australia's Northern Territory ... [more]
Brierley Investments Ltd has announced the date for its final dividend for
the June 30 year. The company will pay the 3c per share, without tax
credits, on January 31 ... [more]
N.Z. Market Report. Interest rate worries in the United States spoiled
what was expected to be the start of a January rally on the New Zealand
sharemarket ... [more]
Australia
Australian Market Report. Investors got a wake-up call yesterday when
heavy selling wiped $15 billion off the local sharemarket, with the
technology sector hit hard ... [more]
For the stockmarket bulls, the fall in stock prices is either an
opportunity to buy more stock at a lower price or represents the start of
a more substantive decline in stock prices ... [more]
Trade in emerging internet play New Tel was halted yesterday on the
Australian Stock Exchange after its shares almost quadrupled in US trade
overnight ... [more]
The return on Internet stocks often seemed ludicrous in 1999, but as
investors were reminded by yesterday's record one-day fall on the US
Nasdaq - which echoed across the Australian tech sector - the premium
matches the risk ... [more]
AMP's pre-Christmas buying spree has spilled over into the new year,
following the investment giant's purchase of two NSW shopping centres for
a combined $52m ... [more]
Mr Richard Branson, the entrepreneur and adventurer, is working on secret
plans to rebrand his personal finance business, Virgin Direct, as a
dot.com company to take advantage of the Internet boom ... [more]
Commonwealth Bank has taken an important step in its global expansion
plans after announcing the creation of an international financial services
division in London ... [more]
The abrupt resignation on Tuesday of the chief executive officer of Baan,
Mary Coleman, has sent the company's shares tumbling by 30pc ... [more]
After sustained outperformance by growth stocks over the past several
years, the big picture investment approach last year favoured a shift to
value investing ... [more]
Sausage Software is combining with Telstra and St George Bank to market
and distribute its Business in a Box e-commerce packages to small and
medium businesses ... [more]
Atkins Carlyle has increased its takeover offer for Parbury and declared
the new 43 cents-a-share bid final, increasing pressure on Parbury's board
to reconsider its rejection of the offer ... [more]
World
U.S. Market Report. An updated report of the action on Wall Street ... [more]
Amazon.com's shares have slumped after it said losses would not fall,
despite a 150 per cent increase in pre-Christmas sales ... [more]
World Market Report. An updated report of the world's market movements ...
[more]
The Chinese government has moved to ease restrictions on private
enterprise, in a major ideological shift designed to boost economic growth
... [more]
Tumbling US markets and strong economic data from Germany have helped the
euro to extend its gains over the dollar ... [more]
|
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