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News.com.au (Free subscription) | 11/19/2008
... record intraday peak of 6873.2 recorded on November 1, 2007. Aequs Securities institutional dealer Ric Klusman said the market on Tuesday was down in all major sectors. "The market is down 70 points," Mr Klusman said. "We're down 22 per cent in eight days. The US is down 5 per cent. "There are not many bright spots at all, and it's looking worse. "The US is looking terrible overnight....
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Sky News (Free subscription) | 10/23/2008
... is just disgraceful. There is no light at the end of the tunnel yet," said institutional dealer Ric Klusman.In shares were down 7%.Its currency, the won, has sunk more than any other Asian currency during the crisis with many households and small businesses deep in debt.
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News.com.au (Free subscription) | 10/23/2008
... the day. The broader All Ords lost more than 180 points to 3939, or 4.4 per cent.Aequs Securities' Ric Klusman said markets were down thanks to a "falling world recession"."The market is just disgraceful. There is no light at the end of the tunnel yet," said Mr Klusman.With mounting evidence that a global recession is unavoidable, the mining giants led the slide in the Australian...
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Chanel News Asia (Free subscription) | 10/23/2008
... There is no light at the end of the tunnel yet," said Aequs Securities institutional dealer Ric Klusman. Panic-selling returned to global stock markets on Wednesday, with the leading Dow Jones industrial index shedding 5.69 per cent, as fears of global recession stalked investors. News that world leaders are to meet in Washington next month at a summit to discuss the global financial crisis...
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News.com.au (Free subscription) | 10/22/2008
The benchmark S&P/ASX200 was down 89.6 points, or 2.08 per cent, at 4,212.9, while the broader All Ordinaries lost 83.9 points, or 1.97 per cent, to 4,167.5.Aequs Securities institutional dealer Ric Klusman said a weak night on American indices and large falls in commodity prices were adversely influencing the market."The two that are copping it today are predominantly BHP and Rio. They're the...
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Courrier Mail (Free subscription) | 10/16/2008
... per cent, down from 10 per cent this year and 11.9 per cent in 2007.However, institutional dealer Ric Klusman said Chinese growth could go as low as 6 per cent. "If that is the case, even though they have reasonably strong growth it is still a big negative," he said.Also yesterday, Russian nickel giant OAO Norilsk Nickel said it would leave its out of action and would review its other local...
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The Australian (Free subscription) | 10/16/2008
... 7 per cent after the massive , which had its biggest fall since the October 1987 crash. director Richard Morrow said the trading conditions were “dismal”. “We are being buffeted around by international forces and it’s hard to find a bright spot in the market,” said Mr Morrow. One thing that was increasing, he said, was the number of positive announcements to the stock exchange as companies sought...
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The Australian (Free subscription) | 10/10/2008
... the worst weekly performance since the crash of 1987. Aequs Securities institutional dealer Ric Klusman said investor confidence in global financial markets had evaporated. "The market) really doesn't want to go anywhere," Mr Klusman said. The massive sell-off in local shares came as Asian markets went into freefall after carnage in the US overnight and further weakness in European...
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The Australian (Free subscription) | 10/09/2008
... the worst weekly performance since the crash of 1987. Aequs Securities institutional dealer Ric Klusman said investor confidence in global financial markets had evaporated. “(The market) really doesn’t want to go anywhere,” said Mr Klusman. “There’s a complete lack of confidence in anything at the moment.” The massive sell-off in local shares came as Asian markets went into freefall...
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Law Blog - WSJ.com (Free subscription) | 10/09/2008
"Although I don't think the problems are over by a long shot, I think these interest rate cuts and cash being injected around the world at the moment will add a little bit of confidence to the market. If we stabilize for a few days, we might see some recoveries," said Ric Klusman, an institutional dealer with Aequs Securities in Sydney. "It's going to take us two to three years to get out of...
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icWales (Free subscription) | 10/08/2008
... gain yesterday after the country’s central bank cut its key interest rate by one percentage point.Ric Klusman, an institutional dealer with Aequs Securities, said the effect of the Reserve Bank of Australia’s rate cut had worn off.“We’re not seeing any respite today; we’re actually under severe pressure,” Mr Klusman said. “The US futures are already down again in Asia, so people are...
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Times of India (Free subscription) | 10/08/2008
... sharply lower. "We're not seeing any respite today; we're actually under severe pressure," said Ric Klusman, an institutional dealer with Aequs Securities in Sydney. "People are very, very nervous that Europe will get belted tonight as they didn't see a lot of the late losses in the US session, and people just think it's going to get worse," he added. In New York Tuesday, the Dow lost more...
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Houston Chronicle (Free subscription) | 10/08/2008
... sharply lower."We're not seeing any respite today; we're actually under severe pressure," said Ric Klusman, an institutional dealer with Aequs Securities in Sydney."People are very, very nervous that Europe will get belted tonight as they didn't see a lot of the late losses in the U.S. session, and people just think it's going to get worse," he added.In New York Tuesday, the Dow lost more...
