Trends - Westpac Banking Corp - Business Recorder

Westpac Banking Corp

Westpac flags higher expenses in quarterly update

SYDNEY: Westpac Banking Corp on Monday posted a quarterly cash profit of A$1.8 billion ($1.15 billion), in line with...

Published 28 Aug, 2023 06:27am

Markets

Australia’s ANZ looks beyond housing as rate hikes hit margins

Australian lender ANZ Banking Group Ltd said it was diversifying beyond a residential mortgage market gripped by...

Published 05 May, 2023 09:28am

Markets

Australia's Westpac suffers protest vote at AGM, chairman apologises for share slide

SYDNEY: Australia's Westpac Banking Corp was hit with a so-called "first strike" vote against executive pay plans at...

Published 15 Dec, 2021 10:05am

Markets

Australia shares slip as heavy losses in banks offset strong miners

Australian shares flitted in and out of positive territory to edge down on Tuesday, as losses in the financial ...

Published 09 Nov, 2021 10:03am

Business & Finance

Australian share close higher as CBA boosts financials

Australian shares closed more than 1% higher on Monday, as top lender Commonwealth Bank boosted financials, and...

Published 04 Oct, 2021 02:12pm

Markets

Financials lift Australian shares higher; miners drop on subdued iron ore

Miners were also one of the biggest drags, shedding as much as 1.4% due to a fall in iron ore prices

Published 09 Aug, 2021 10:47am

Markets

Australia, NZ shares rise tracking Wall Street on stimulus boost June

Financials climbed more than 0.9%, snapping a two-day losing streak, as the so-called "Big Four" banks gained.

Published 25 Jun, 2021 09:34am

Markets

Australian central bank cancels bond operation as banks report outages

Representatives of Australian banks did not immediately respond to separate requests for comment.

Published 17 Jun, 2021 11:44am

Markets

Westpac lifts Australian shares higher, miners and oil firms cap gains

In New Zealand, the benchmark S&P/NZX 50 index rose as much as 0.4% to 12,776.60, hitting its highest level since Feb. 18 and rising for a fourth straight session.

Published 03 May, 2021 12:02pm

Markets

Australia, NZ dollars weaken ahead of US central bank meeting

US intermediate-dated Treasury yields rose on Monday after the Treasury Department sold $121 billion in debt to mixed demand, but benchmark 10-year yields were only 1 basis point higher at 1.570%.

Published 27 Apr, 2021 12:12pm

Business & Finance

Fitch raises outlook for Australia's 'Big Four' banks as economy rebounds

However, the ratings agency warned that risks to the forecast would remain until the vaccination programme is completed.

Published 12 Apr, 2021 02:21pm

Markets

Dollar set for best week in three months as pandemic recoveries diverge

The dollar was little changed at 105.55 yen on Friday after earlier edging as high as 105.70 for the first time since Oct. 20.

Published 05 Feb, 2021 11:48am

Markets

Australia, NZ dollars up as yield spreads widen in their favour

The RBA will be buying bonds at a faster pace than the government is selling them, while also expanding its balance sheet more quickly than the US Federal Reserve.

Published 04 Feb, 2021 11:31am

Markets

New Zealand shares fall most in a week; Australia closed

New Zealand-listed shares of Westpac Banking Corp and Australia and New Zealand Banking Group were among the top drags, losing 1% each.

Published 26 Jan, 2021 10:10am

Markets

Australian dollar slips after bleak Dec retail sales data, NZ$ weakens

Westpac on Thursday ditched its call for two more rate cuts from the Reserve Bank of New Zealand (RBNZ) and forecast rates would be held at 0.25% for the foreseeable future.

Published 22 Jan, 2021 10:55am

Markets

Australian, NZ shares higher

SYDNEY/WELLINGTON: Australian shares ended firmer on Tuesday, as mining and financial stocks recovered from sharp...

Published 20 Jan, 2021 04:29am

Markets

Australia shares jump 1%, led by gains in mining and financial stocks

Australia recorded another day with no new locally acquired cases on Tuesday.

Published 19 Jan, 2021 10:56am

Markets

Australia, New Zealand dollars buoyed by risk-on mood

New Zealand government bonds fell slightly, sending yields about half a basis point higher across the curve.

Published 19 Jan, 2021 10:06am

Markets

Australia, NZ dollars firm, keen to say bye bye to Brexit

The news took a toll on safe haven bonds with Australian 10-year futures falling 6 ticks to 98.9600, implying a yield of 1.04% and back toward a recent low at 98.9200.

Published 24 Dec, 2020 08:57am

Markets

Australian shares track Asian peers higher on likely Brexit trade deal

The mining sub-index rose as much as 1.4%. Mining giant BHP Group climbed 2.3% while peer Rio Tinto added more than 1%.

Published 24 Dec, 2020 08:51am

Business & Finance

Westpac's chairman hopes bank will return to 'consistent' dividends

While dividends at Australia's so-called 'Big Four' banks have been constrained by a regulatory limit imposed in light of the pandemic, Westpac was the only one to not pay an interim dividend earlier this year.

Published 11 Dec, 2020 11:57am

Business & Finance

Australia's Westpac to sell Pacific businesses for $312 million

Westpac expects the sale to Papua New Guinea-based Kina Securities Ltd to boost its core capital by 3 basis points, but is writing in an expected loss of A$230 million from the deal.

Published 07 Dec, 2020 10:11am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 18	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 18 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 18 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 18 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 18 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 18 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 18 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 18 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 18 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 18 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 18 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 18 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 18 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 18 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 18 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 18 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 18 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 18 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 18 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 18 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 18 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 18 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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Westpac Banking Corp

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