InvestSMART - Shares Guide

Weekly Market Outlook

U.S. stocks rallied on Friday, capping the first three-month gain for the Standard & Poor’s 500 Index since its record in 2007, as commodity, transportation and financial shares jumped on speculation the global economy is recovering.

The Dow Jones Industrial Average rose 96.53 points, or 1.2 percent, to 8,500.33, while the Standard & Poor’s 500 Index added 1.4 percent to 919.14. Three stocks climbed for each falling on the New York Stock Exchange.

This week, Australia's Reserve Bank will be ruling on rates on Tuesday. Prior to this announcement, today will see company profits and inventory numbers for the March quarter, May retail sales and the latest TD Securities/MI inflation gauge. The RBA also updates its commodity index.

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My Alerts

My Alerts is an email-based service designed to keep you up-to-date on investment information tailored to your requirements.

You can use this feature to keep an eye on your portfolio, your watchlists of favourite shares and funds and monitor your TrailCap account.

My alerts can be set up to send an email into your inbox on a particular day of the week or every day.

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The FREE Essential Guide to Trading Foreign Currency

An educational booklet which helps you learn what influences movements in a currency.

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The FREE Essential guide to Small Business Insurance

An educational booklet that explains how to choose the right insurance for your business.

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Company	Closing date	Floating date	Issue price
Azurn International Ltd	12/06/2009	29/06/2009	$0.20
Shenhua International Limited	15/06/2009	29/06/2009	$0.50
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Company	Update	Current price	Brokers	Buy, Hold, Sell	Research report
Amcor Limited	1/06/2009	$5.11	10	Hold
ASX Limited	1/06/2009	$34.64	10	Hold
Alumina Limited	1/06/2009	$1.35	10	Hold
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Company	Date of change	Quantity	Change Type	Research report
Envestra Limited (ENV)	29/05/2009	12,885	Acquired
Reward Minerals Ltd (RWD)	29/05/2009	40,000	Acquired	-
Diatreme Resources Limited (DRX)	29/05/2009	100,000	Acquired	-
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Company	Comment	Dividend per share	Franking	Ex-dividend date	Payment date
Newhaven Hotels Limited (NHH)	2009 Final Year Result	2 ¢	100%	2/06/2009	22/06/2009
CSR Limited (CSR)	2009 Final Year Result	1.5 ¢	100%	3/06/2009	3/07/2009
Village Roadshow Limited (VRL)	2009 Half Yearly Result	3.75 ¢	100%	3/06/2009	1/07/2009
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Seems it's a recession, technically

The Age 1/06/2009 | THE Australian economy is expected to meet the unofficial definition of "recession" this week with its second consecutive quarter of negative growth.

Note backs claim against Merrill

Sydney Morning Herald 1/06/2009 | INSIDER trading allegations made against the giant US investment bank Merrill Lynch by David Waterhouse have been supported in a witness statement from a Sydney accountant, Anthony Tighe. In a separate witness statement provided for the court, MrWaterhouse says he met executives of Merrill Lynch and a subsidiary, Berndale Securities, on January 14 last year and was told the company's head office would soon make an "awful" announcement.

Insider trading allegations backed

The Age 1/06/2009 | INSIDER trading allegations made against Merrill Lynch by David Waterhouse, of the Sydney racing family, have been supported in a witness statement from Sydney accountant Anthony Tighe.

Grab a red light special

Sun Herald 31/05/2009 | The sharemarket is down but which broker will help you bag a bargain? David Potts reports.

What the brokers are betting on

Sun Herald 31/05/2009 | The pros are keeping a keen eye on the following smaller stocks, writes Penny Pryor.

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