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Australian Market Report of January 20: Nervous about US Banks' Earnings
JAN 20, 2010 09:30 - Article Views: 4,645
The Australian sharemarket closed lower on Tuesday led by financial stocks as investors were nervous ahead of earnings reports by US banks. At the close, the benchmark S&P/ASX200 index lost 49.9 points, or 1 per cent at 4861.2, while the broader All Ordinaries index fell 46.5 points, or 1 per cent, at 4889.6. |
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Australian Market Report of September 30: US Consumer Confidence Dropped
SEP 30, 2009 13:00 - Article Views: 8,808
Wall Street closed lower overnight after American consumer confidence reading in September dropped unexpectedly. The weakness in US technology stocks, which had been a leader for much of Wall Street's six-month rally, yesterday led a fall in the market. The Conference Board's consumer confidence index dipped in September to 53.1 from 54.5 in August as people worries about job market. |
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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 April 14: Hoping Earnings Improvement in US Banks
APR 14, 2009 13:00 - Article Views: 5,972
The Australian market is expected to rise after Easter holiday as metals prices were up overnight. On Thursday the benchmark S&P/ASX200 index gained 52.1 points, or 1.4%, at 3671.6, while the broader All Ordinaries surged 50 points, or 1.4% to 3617.5. |
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Australian Market Report of April 8: Refreshed Worries Weigh on the Market
APR 8, 2009 13:00 - Article Views: 7,468
Yesterday the Australian share market is lower after the RBA's rate cut announcement. The S&P/ASX200 index fell 1.3%, or 50.3 points, at 3706.3, while the broader All Ordinaries index was down 1.3%, or 47.9 points, at 3648.9. |
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Australian Market Report of February 25: Resilient to Bad Leads
FEB 25, 2009 13:00 - Article Views: 9,661
Yesterday the Australian shares were showing their resilience to the bad leads from overseas. The market ended with a modest drop after a rebound from the early losses. The benchmark S&P/ASX 200 ended down 0.6%, or 19.6 points, at 3331.6, while the broader All Ordinaries index also fell 0.6%, or 19.1 points, to 3285. |
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Australian Market Report of December 22: A Flat Week Expected
DEC 22, 2008 13:00 - Article Views: 4,189
On Friday, the Australian market closed marginally higher with rise on most sectors except energy stocks. The benchmark S&P/ASX200 index gained 34.5 points, or 0.96 per cent, at 3,615.7, while the broader All Ordinaries index rose 25.5 points, or 0.72 per cent, to 3,547.2. Low trading volumes are expected this week. |
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Australian Market Report of November 4: Good Start To November
NOV 4, 2008 13:00 - Article Views: 6,429
Yesterday the Australian share market closed about 5% higher on its first trading day of November with good lead from Wall Street on last Friday and the expectation of another RBA interest rate cut. It was the share markets' fourth consecutive stronger day adding A$51 billion to the value of stocks. |
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Australia Market Report August 26: Negative FY2009 Expectations Cloud Market
AUG 26, 2008 11:47 - Article Views: 4,888
The Australian share market closed higher yesterday on gains from the financial sector, and following a strong lead from Wall Street over the weekend. The benchmark S&P/ASX200 rose 83.5 points, or 1.69%, to 5014.9, while the broader All Ordinaries gained 79.9 points to 5090.1. |
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