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AU Evening Wrap: Australian Shares Close Steady as Financials and Real Estate Stocks Rise
Australian shares close steady as financials and real estate stocks rise. Among the 11 sectors of the ASX 200, health is the worst performer, dropping 1.0%.
QBE to Shrink US Business to Boost Long-Term Performance: Is It a Buying Moment?
Australia's largest insurer announced its decision to withdraw from $US500m of North American middle-market business in a market update on Wednesday.
AU Morning Wrap: ASX Flat with Energy Sector Gain; Helia Shares Stumble
ASX flat with energy sector gain; Helia shares stumble. Stocks to watch: Helia Group, Downer EDI, Beach Energy.
AU Evening Wrap: Australia Shares Rise 1.0% as RBA Holds Rates
Australia shares rise 1.0% as RBA holds rates. All eleven sectors close higher,
RBA June Interest Rate Decision Preview: How Does RBA Balance Inflation Control with Economic Growth?
The Reserve Bank of Australia(RBA) will likely hold its fifth consecutive meeting on Tuesday, keeping its key policy rate unchanged. Most economists expect the RBA to cut interest rates for the first time in the last quarter of the year.
AU Evening Wrap: Australia Shares Slip 0.3% as Commodity Stocks Fall
ASX 200 closed 0.3% lower at 7700.3, slipping to a fourth decline in five sessions on continued weakness in commodity stocks.