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Australian Market Report of August 11, 2010
AUG 11, 2010 13:31 - Article Views: 3,075
The Australian stock market opened lower on Wednesday after US stocks dropped and oil and metals prices slipped overnight. |
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Australian Market Report of February 11: Gains Pared after China's Trade Data
FEB 11, 2010 09:30 - Article Views: 4,785
Australian shares gave up early gains after disappointing trade numbers from China raised concerns that Chinese economy is cooling. The market closed slightly higher as earnings reports from market heavyweights BHP Billiton and Commonwealth Bank helped the rise. At the close, the benchmark S&P/ASX200 index was 8.3 points higher, or 0.2 per cent, at 4513.4. The broader All Ordinaries index rose 12.3 points, or 0.3 per cent, to 4533. |
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Australian Market Report of October 21: Disappointing US Housing Data
OCT 21, 2009 13:00 - Article Views: 7,485
Wall Street declined overnight on a weak housing report, despite some strong earnings results. The Commerce Department said that construction starts on privately owned homes rose 0.5 per cent to 590,000, lower than expectations. |
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Australian Market Report of August 12: Renewed Concerns over US Economy
AUG 12, 2009 13:00 - Article Views: 7,431
US stocks fell overnight ahead of the Federal Reserve's latest decision on monetary policy and guidance on the outlook for recovery from the recession. The market was also weighed down by the worries that the banking sector has yet to fundamentally improve. |
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Australian Market Report of August 10: Signs of Long-term Recovery
AUG 10, 2009 13:00 - Article Views: 7,939
An encouraging employment report sent the US stocks to a more than nine months high on Friday. The Labor Department released a report that the country's unemployment rate unexpectedly dropped to 9.4 per cent, its first decline in 15 months. |
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Australian Market Report of May 18: Market Softened on US Economy Outlook
MAY 18, 2009 13:00 - Article Views: 11,261
Australian shares gained 1.3% on Friday but still lost 4.3% for the week. The benchmark S&P/ASX200 index was 49.8 points, higher at 3773.2 and the broader All Ordinaries index was also up 1.3%, or 48.1 points, at 3758.9. The local market is expected to soften on jitters over the US economy. |
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Australian Market Report of May 13: Market Took a Break after Rally
MAY 13, 2009 13:00 - Article Views: 8,653
Yesterday the Australian shares fell in a day of light trading as the market had a breather after a few weeks of rally. The benchmark S&P/ASX200 index were 1.2%, or 48.8 points, lower at 3877.2, while the broader All Ordinaries index was down 1.2%, or 46.9 points, at 3863.6. |
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Australian Market Report of May 8: Nervous about Stress Test Result
MAY 8, 2009 13:00 - Article Views: 6,680
Australian shares posted a strong gain yesterday. The better-than-expected employment data also boosted the stocks market. At the close, the benchmark S&P/ASX200 index rose 1.9%, or 71.6 points, at 3938.7, while the broader All Ordinaries index was up 1.9%, or 72 points, at 3912.1. |
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Australian Market Report of April 23: Market Seeking Direction
APR 23, 2009 13:00 - Article Views: 6,971
The Australian share ended slightly lower on Wednesday despite strong lead on Wall Street. The market is still seeking direction amid global volatility. The benchmark S&P/ASX 200 index was down 9.2 points, or 0.25 per cent, to 3668.2, while the All Ordinaries fell 5.9 points to 3627.2. |
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