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Australian Market Report of April 29, 2010: Remained Weak Despite Wall Street Rebounded
APR 29, 2010 13:30 - Article Views: 4,308
Today Australian shares continued their losing streak in early trade, despite a positive lead from Wall Street. Yesterday the Asian and Australian market declined massively on the back to credit ratings downgrades for Greece and Portugal. Australian market's decline today was led by financial shares. |
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Australian Market Report of February 17: Gained on Encouraging Westpac Earnings
FEB 17, 2010 09:30 - Article Views: 4,092
The Australian sharemarket closed higher Tuesday. Financial stocks were boosted as Westpac's strong earnings result provided a positive sign for the banking sector and Australia's economy. The benchmark S&P/ASX200 index was up 22.3 points, or 0.5 per cent, at 4567.8, while the broader All Ordinaries index gained 20.4 points, or 0.4 per cent, to 4590.8. |
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Australian Market Report of November 19: Looking For Renewed Direction
NOV 19, 2009 13:00 - Article Views: 5,230
Wall Street broke its winning streak and closed lower overnight after a disappointing report showed US housing starts fell 10.6 per cent in October and permits fell 4.0 per cent. The tumble suggested that the real estate sector is still under pressure. |
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Australian Market Report of October 12: Watching the US Earnings Results
OCT 12, 2009 13:00 - Article Views: 8,637
Dow index hit a fresh 2009 high on Friday after the earnings season kicked off. Upbeat forecasts on IT giants IBM and Intel fueled the market's growing expectations over a profit recovery. S&P's 500 and Nasdaq both gained more than 4.5 per cent for the week. |
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Australian Market Report of August 25: Take a Breather after Rally
AUG 25, 2009 13:00 - Article Views: 9,752
US stocks ended flat overnight in light trade volumes as the market was awaiting the economic data this week. The Dow Jones Industrial Average edged higher to its highest close in more than nine months. |
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Australian Market Report of August 13: US Economy Stabilizing
AUG 13, 2009 11:15 - Article Views: 8,658
US stocks surged overnight as the Federal Reserve said the economy was leveling out, and it left interest rates unchanged at the end of its two-day policy meeting. |
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Australian Market Report of June 11: Concern on Rising Oil Prices
JUNE 11, 2009 13:00 - Article Views: 7,197
The Australian shares Wednesday posted a strong gain boosted by miners and banks. The upbeat data on consumer confidence and housing finance also helped to lift the local market. The benchmark S&P/ASX200 index rose 89.5 points, or 2.27 per cent, to 4024.4, and the broader All Ordinaries index surged 82.7 points, or 2.1 per cent, at 4016.3. |
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Australian Market Report of June 4: Hit by Lower Oil Prices
JUNE 4, 2009 13:00 - Article Views: 7,359
The Australian market rose through the 4,000 level on Wednesday, led by property stocks as data showed the economy had avoided a recession. The benchmark S&P/ASX200 surged 61.9 points, or 1.56 per cent, to 4,017.2, while the broader All Ordinaries was 61.2 points, or 1.55 per cent higher, at 4,009.3. |
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Australian Market Report of February 3: 45-Year Low Cash Rate Expected
FEB 3, 2009 13:00 - Article Views: 8,366
Yesterday the Australian market ended lower. The benchmark S&P/ASX200 index was down 43.3 points, or 1.2%, at 3497.4 while the broader All Ordinaries index fell 34.6 points, or 1%, to 3443.5. The market is watching RBA's rate cut decision and earnings reports to be released today. |
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