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Australian Market Report of June 16, 2010: Guinness Peat Group (ASX:GPG) to Demerge Its Australia Business
JUNE 16, 2010 13:30 - Article Views: 4,667
The Australian share market delivered a strong opening on Wednesday as Wall Street's rally overnight boosted confidence in local market. S&P/ASX200 index rose 1.4 per cent in early trade, driven by resources, industrial and financial stocks. The Australian shares yesterday closed slightly lower with light volumes while Asia markets were mostly flat. |
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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 January 18: Reverse Loss after CBA Profit Upgrade
JAN 18, 2010 09:30 - Article Views: 5,121
The Australian shares closed with little change on Friday. The market rebounded from early losses as a surprise guidance upgrade by Commonwealth Bank pushed the financial sector higher in late trade. The benchmark S&P/ASX200 index gained 1.6 points to 4899.6, while the broader All Ordinaries index added 0.1 point to 4929.5. |
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Australian Market Report of October 16: Market Boosted by Higher Oil Prices
OCT 16, 2009 13:00 - Article Views: 7,187
US stocks climbed to a 2009 new high on Thursday, as the oil prices surge buoyed energy companies. New York crude oil futures rose more than 3 per cent to a one-year high of US$77.58 a barrel after the government said US gasoline reserves fell sharply last week. The financial and IT stocks retreated over mixed economic data and corporate outlook. |
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Australia Market Report of September 8: Growth Forecast Turnaround
SEP 8, 2008 13:00 - Article Views: 6,989
On Friday, the Australian share market fell more than 2% as major banking and resources stocks felt the impact of renewed concerns about the health of the global economy. The benchmark S&P/ASX200 finished down 102.4 points, or 2.06% to 4877.1. The broader All Ordinaries lost 101.4 points, or 2.01% to 4949.5. |
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