Commodity Brokers News
Brokers Tip The Banks, Property Trusts
Tuesday October 28, 1997
The volatility in the Australian sharemarket is leading investors to seek out high-yielding stocks with secure earnings such as banks and property trusts which are most sheltered from the instability in Asia. The two traditionally high-yielding sectors have suffered less than the whole market siShares Down For Fifth Straight Day
Wednesday October 15, 1997
An anxious sharemarket fell for the fifth day running yesterday as investors awaited the release of economic data from the United States, due late last night. Brokers said several factors weighed heavily on the market, creating uncertainty and a reluctance to take big positions in the market. Metal Price Fears Drag Stocks Down
Tuesday October 7, 1997
Resource stocks again had the most influence on a quiet market yesterday, with falling commodity prices sending the producers lower. Metal stocks were undermined by further drops in commodity prices, with zinc hitting a five-month low on the London Metal Exchange. The fall was blamed on delayed oShares Down In Listless Trading
Tuesday October 7, 1997
Weaker commodity prices and profit-taking in top industrial stocks led the Australian sharemarket lower yesterday despite overnight gains on Wall Street. The All Ordinaries index fell 15.4 points, or 0.56 per cent, to 2754.3 in what brokers described as a quiet day. The All Resources index feNews Archive
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