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All Ords 5719.90  51.70 (0.91%)
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As at May 25, 2015 - 04:38 PM
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Australian Indices

Industrials (XNJ) 4952.30 68.10 1.39%
Materials (XMJ) 9481.00 96.20 1.03%
Financials (XFJ) 6468.80 56.50 0.88%
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FMG 2.173 0.060 2.840 %
HSO 2.804 0.070 2.560 %
JHX 17.282 0.410 2.430 %
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Corporate deals push market higher

The market has closed higher as investors take advantage of recent falls and react to several merger and acquisition deals.

Tokyo stocks up 0.74% at 15-year high

The Nikkei 225 index at the Tokyo Stock Exchange added 0.74 per cent to close at 20,413.77 and a fresh 15-year high.

Skilled shares soar on merger talks

Workforce provider Skilled Group is back in merger talks with its rival Programmed Group, sending its share price soaring.

Metgasco seeks govt compensation

Coal seam gas explorer Metgasco wants the NSW govt to reach an out-of-court compensation deal following the legal battle over a drilling licence.

Cairns casino looks towards improvements

The Reef Casino Trust is looking towards new marketing initiatives and a partial revamp after the abandoned takeover bid by Aquis.

Oz Minerals bets on commodity cycle

Oz Minerals boss Andrew Cole says the miner is taking advantage of the current weakness in the resources sector as it hunts for new acquisitions.


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