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Australian Market Report of February 16: Cautious ahead of EU Meeting
FEB 16, 2010 09:30 - Article Views: 4,428
Australian shares dropped on Monday as investors were nervous ahead of the EU meeting over Greek debt. Trading was quiet in local market while most Asian bourses were closed for Lunar New Year on Monday, Wall Street also closed because of a public holiday. At the close, the benchmark S&P/ASX200 index fell 16.6 points, or 0.4 per cent, at 4545.5, while the broader All Ordinaries index shed 18.4 points, or 0.4 per cent, to 4570.4. |
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Australian Market Report of February 15: Clawed Out a Weekly Gain
FEB 15, 2010 11:31 - Article Views: 4,284
The Australian sharemarket eased some early gains and closed slightly higher on Friday. This was the first weekly gain in five weeks while the global markets had been shadowed by China's monetary tightening, worries on US economic recovery stability and sovereign debt issue in Euro zone. |
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Australian Market Report of January 13: Resources Shares Dented by Alcoa Result
JAN 13, 2010 09:30 - Article Views: 5,932
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 October 13: US Investors Confident about Earnings
OCT 13, 2009 13:00 - Article Views: 6,875
Dow Jones Industrial Average edged higher overnight towards the 10,000 points psychological level, helped by a market confidence on corporate earnings of blue chip companies. Energy stocks were also up on the back of a jump in crude oil prices. |
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Laurie Voyer appointed Managing Director of the Al Habtoor Leighton Group (ASX:LEI)
OCT 6, 2009 20:51 - Article Views: 3,525
Mr Riad T. Al Sadik, Chairman of the Al Habtoor Leighton Group (HLG), announced that Mr Laurie Voyer has been appointed as the new Managing Director of the Group. |
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Australian Market Report of September 15: Wall Street Resumed Gains
SEP 15, 2009 13:00 - Article Views: 7,948
Wall Street closed higher overnight on investors' buying in industrial and materials stocks. Meanwhile, the fears of trade dispute between the US and China was offset by the news that a Chinese wealth fund is in talks to take over a minority stake in the US power plant AES. |
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Australian Market Report of September 1: Sell-off in China Dented Sentiment
SEP 1, 2009 13:00 - Article Views: 7,033
Overnight Wall Street fell following a massive sell-off in Chinese shares, which plunged 6.7 per cent on Monday. The Shanghai Composite index has lost more than 20% of its value in one month. |
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Australian Market Report of August 14: Mixed Overseas Economic Data
AUG 14, 2009 13:00 - Article Views: 8,414
Wall Street finished higher in choppy trade as the upbeat economic data in Europe offset the news of disappointing retail sales in US. Wal-Mart's second-quarter earnings, above analyst's expectations, also helped to lift the market. |
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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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