Finance News (Page 536)

Nasdaq hits record, Iron ore lifts: Aus shares to continue rally

16 Oct 2017 - Market Outlook in 3 mins: Aus shares rally to continue. Wall Street hits more records amid earnings. Iron ore price and oil gain. S2 Resources (ASX:S2R) received approvals for drilling in at Pluto in Nevada and Vanguard All-World ex-US Shares ETF (ASX:VEU) paying a distribution of 38.02 cents per unit. Packed list of economic news for week. Six ex-dividends today.

Closing on a high: Aus shares close 0.34% higher

13 Oct 2017 - Market wrap: ASX200 closing 0.34% higher to 5,814. It has been a positive day of trade for the Australian share market. Almost all sectors closed higher, with Telcos the best performing up 0.8% and Utilities & Consumer Discretionary not far behind up & 0.7%. South32 has concluded its review of its underperfoming Illawara Metallurgical Coal operations at its Appin mine where its longwall utilisation rates were below industry average.