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Australian Market Report of November 16: Encouraged by US Quarter Earnings
NOV 16, 2009 13:00 - Article Views: 6,104
On Friday, the US stocks were boosted by the encouraging earnings from major retailers and The Walt Disney Co. A record number of U.S. companies beat earnings expectations in the third quarter. This week a new round of economic data including retail sales, inflation readings and housing starts will be the focus after most corporate results already reported. |
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Australian Market Report of May 29: Helped by Rising Oil Prices
MAY 29, 2009 13:00 - Article Views: 9,268
The Australian share market closed lower with a broad-based selling off after Wall Street's tumble. The benchmark S&P/ASX200 index slumped 45.4 points, or 1.2 per cent, at 3755.7, while the broader All Ordinaries index lost 41.4 points, or 1.1 per cent, to 3753.9. |
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Australian Market Report of November 13: Aggressive Rate Cut Needed
NOV 13, 2008 13:00 - Article Views: 5,902
Yesterday, the Australian share market closed in the red for a second consecutive day with the broader All Ordinaries index ending 38.2 points lower, or 1%, at 3,883.6. The benchmark S&P/ASX200 share index yesterday lost 33.6 points, or 0.9%, to close at 3927.3. The industrial, materials, energy and consumer discretionary sectors sent the market lower. |
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Australia Market Report of August 14: Jobs Market and International Trade Pessimistic
AUG 14, 2008 12:02 - Article Views: 4,437
The Australian share market closed lower on Wednesday, largely attributable to volatility returning to the US financial sector and weaker resource stocks. |
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