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Australian Market Report of June 11, 2010: AVJennings (ASX:AVJ) Sells Contract Building Division to Sekisui (TYO:1928)
JUNE 11, 2010 13:30 - Article Views: 3,573
The encouraging Asia and US economic news overnight gave a strong lift to Wall Street. The Australian shares delivered a firm opening on Friday and the market is expecting more upbeat data from China today. |
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Australian Market Report of January 22: China's Inflation Concern
JAN 21, 2010 17:24 - Article Views: 6,498
Australian sharemarket dropped on Thursday due to concerns that China's bank lending halt may hit the global economy recovery. Chinese government data showed that GDP increased by 8.7 per cent in 2009 but inflation surged towards the end of the year. The results fuelled the expectations that China will introduce more measures to slow inflation. At the close on Thursday, the benchmark S&P/ASX200 index was down 41 points, or 0.8 per cent, at 4827.2, while the broader All Ordinaries index lost 45.8 points, or 0.9 per cent, to 4849.6. |
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Australian Market Report of January 13: Resources Shares Dented by Alcoa Result
JAN 13, 2010 09:30 - Article Views: 5,929
Australian stocks declined yesterday on profit taking selling after US aluminium giant Alcoa reported its fourth quarter earnings result, which missed the market expectations. The resources sector drove the local shares lower. The benchmark S&P/ASX200 index closed down 51.2 points, or 1.03 per cent, at 4,899.5 points, while the broader All Ordinaries index lost 49.6 points, or one per cent, to 4,931.6 points. |
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Australian Market Report of December 16: Up in Quiet Trade
DEC 16, 2009 09:30 - Article Views: 5,201
The Australian sharemarket Tuesday closed higher in a quiet trading day as Dubai debt fears eased. The local market was also inspired by an earlier report about energy giant Exxon's US$30 billion takeover bid of XTO and the forecasts by the Australian government commodity forecaster ABARE for iron ore and coking coal exports. At the close, the benchmark S&P/ASX200 index rose 19.5 points, or 0.4 per cent, at 4673.5, while the broader All Ordinaries gained 19.6 points, or 0.4 per cent, to 4687.8. |
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Australian Market Report of November 23: Investors Moved to Safer Haven
NOV 23, 2009 13:00 - Article Views: 4,966
US equities fell for a third straight day on Friday as Dell's disappointing earnings result dragged the US stocks lower. Energy and materials companies were weighed down after European Central Bank president Jean-Claude Trichet indicated that supportive stimulus measures must soon be unwound, prompting traders to buy US dollar. |
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Australian Market Report of January 29: Market Cheer for "Bad Bank" Idea
JAN 29, 2009 13:00 - Article Views: 8,228
Yesterday the Australian shares ended higher led by banking sector. The benchmark S&P/ASX200 share index gained 1.5%, or 51.5 points, to 3495.5 points. The broader All Ordinaries index gained 1.3%, or 42.8 points, to 3435.1. |
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ASX S&P200
ASX:NMS
