Trade drifts as mining shares retreat in volatile session
A list heavy with mining and oil stocks shows overall weakness for the session. Traders cited broad selling across miners with Western Mining and related producers easing and several explorers retreating. Bank of New South Wales and National Bank eased, while Sench Petroleums jumped.
MENTIONED IN THIS ARTICLE
Mruken Wam South
Mi Lyell
Feta Wallewatic
MIM Fs
Magellan Se
Eitu
MA OM Se
SLAM
Ampol
Sench Petroleums
Bank of Naw
National Bank
Adelaide
Devleen
Stock Exchange Trade Steady as Markets React
Stocks showed limited movement amid a quiet session as traders weighed economic signals and corporate results. Major indexes held near prior closes with utilities and tech shares contributing to modest gains, while material and energy sectors lagged.
APM profits rise as packaging unit lifts earnings
Australian Paper Manufacturers reports a 9.7 percent rise in profit to 7.4 million for the December half, with gains helped by the packaging group. Book value of tin freehold land increases to 6.278 million after a jump in profits from 6.777 million to 7.44 million. A dividend of 4 cents per share is planned. Revenue for the period improves due to demand in pulp, paper and paperboard amid a better economy, despite initial disruptions.
MENTIONED IN THIS ARTICLE
Austalian Paper Manufacturers Ltd
Nev Mitten
Neady
Salen
Beeath Tal
Hi Eas
Mareville
Hein Apelin
Ynererse
Iran
Avetlian
Sutchdiarjee
Weta
Sharshollers
Ath Magee
Three day IMF talks make progress on world currency plan
Paris reports that a three day IMF deputy committee meeting narrowed differences on a new currency system. Jeremy Morse says an outline for reforms may be drafted for December, with aims to stabilize balance of payments and strengthen multilateral cooperation.
MENTIONED IN THIS ARTICLE
Paris
International Monetary Fund
Fretarm
Jeremy Morse
Mone
Prent
Tules
Sinserauinn
Governen Timer
London Finance Timex India Downgraded After One-Day Dip
London finance data shows Timex India slipping 12.4 points to 465.8 in a single day trade following a brief operation. Market watchers note mixed signals as the index moves lower.
Share Options Brokers Rethink Amid Market Shifts
Brokers evaluate share option strategies as market conditions shift. Key players consider client needs, risk controls, and regulatory guidance while adjusting portfolios to balance potential gains and liabilities.
Unclear OCR reads on mining site and workers
Fragmentary text describes a copper, red, and zinc mine at Wontar with references to mining operations, people, and dates. The legible portions mention Talus, Ansteaita My cample, and a six week period in March. Details are obscured by garbled OCR.
MENTIONED IN THIS ARTICLE
Wontar
Jka
Oil index rises after two day downdraft
Oil index gains 0.98 to 231.88 following a two day decline as traders reassess supply and demand data and adjust positions. Analysts cite renewed risk appetite and studio forecasts supporting a modest rebound in crude prices.
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Sles
Cor
Indus
Baerey Mahoneon Lock Exchange
al Las
Yester
Wesern Mining
Jay Teed
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Dureau
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Hanover
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Ewe
Eae
Aes
Saas
Dell
Mse
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Seren A
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Lid
Ashe
Wien
Piigomb
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London
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Walt Smurthy