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Markets

All Ords 5312.70  123.00 (2.37%)
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As at Dec 19, 2014 - 04:38 PM
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Australian Indices

Industrials (XNJ) 4310.70 138.90 3.33%
Materials (XMJ) 8583.50 257.60 3.09%
Financials (XFJ) 6172.10 153.00 2.54%
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Top Market Movers

MIN 7.366 0.620 9.190 %
AWC 1.819 0.145 8.660 %
DOW 4.537 0.300 7.080 %
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Top finance news

No oil price conspiracy: Saudi chief

Saudi Oil Minister Ali al-Naimi is confident world prices will improve after the recent slide.

Gina Rinehart's beef interests grow

Australia's richest person, Gina Rinehart, has bought land and cattle in NSW, expanding her presence in the beef industry.

Storm clouds ahead for Incitec

Chemical company Incitec Pivot is facing some headwinds including rising gas prices and weaker demand for explosives, shareholders heard at its AGM

Santos secures $1b for a rainy day

Energy giant Santos has secured $1b in new debt from the ANZ Bank ahead of a potential balance sheet shakeup in 2015 as GLNG comes online

Downer EDI wins $2b Adani contract

Engineering group Downer EDI has won a $2 billion contract to provide services to Adani's massive Carmichael mine.

NAB lifts business customer satisfaction

National Australia Bank has lifted business customer satisfaction levels after lagging behind its major rivals.

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