
S&P/ASX 200 Tipped To Rise
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open higher Thursday.
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The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open higher Thursday.
The ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index climbed 0.9% on Wednesday, despite a fall from Commonwealth Bank of Australia (ASX:CBA).
Shares of education business Ipd Education Ltd (ASX:IEL) bounced 16% following the release of its half year report.
Commonwealth Bank of Australia (ASX:CBA) shares went floppy on news that the bank’s profit was flat, year-over-year.
Carsales.Com Ltd (ASX:CAR) shares rose 1% this morning after the company announced strong profit results.
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open higher on Wednesday, following the Dow Jones Industrial Average (INDEX:.DJI) upwards.
The ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index slumped 3.2% on Tuesday, following Commonwealth Bank of Australia (ASX:CBA) and BHP Billiton Limited (ASX:BHP) shares lower.
Macquarie Group Ltd (ASX:MQG) shares fell 4.5% on Tuesday despite guiding for a 10% jump in full-year profit.
Magellan Financial Group Ltd (ASX: MFG) will be a focal point following the release of its half-year financial report and the takeover deals for Airlie Funds Management and Frontier Partners.
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