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Australian Market Report of January 27: Expected to Stabilize After US Housing Data
JAN 27, 2009 13:00 - Article Views: 7,143
On Friday, the Australian share market closed down to a near five-year. The benchmark S&P/ASX200 index was down 144.1 points, or 4.13 per cent, at 3,342.7 while the broader All Ordinaries index fell 131.6 points, or 3.83 per cent, to 3,300.3. The market is expected to stabilize today after the good leads from US and European stock markets. |
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Australian Market Report of December 2: Recession Fears Come True
DEC 2, 2008 13:00 - Article Views: 5,378
Yesterday, the S&P/ASX-200 share index fell about 1.6%, or 61.3 points, to 3681.2, while the broader All Ordinaries lost 53.7 points, or 1.5%, at 3619. Some US economic research institutions admitted the recession actually started last December, and now the questions are how bad and how long it will be. |
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