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Australian Market Report of February 6: Higher on Leads from US and UK

🕔2/6/2009 1:00:09 PM 17452

Yesterday the Australian shares closed slightly lower with the benchmark S&P/ASX200 index down 0.3%, or 9.3 points, at 3428.6, while the broader All Ordinaries index declined 0.3%, or 9.7 points, at 3372.6. The market opened higher after the positive lead from the US and UK, but could also be rocked by the earnings of NAB and News Corp.

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Australian Market Report of January 28: CPI Expected to Decrease

🕔1/28/2009 1:00:50 PM 17394

The Australian share market yesterday closed around 3% higher. The benchmark S&P/ASX200 index was up 101.3 points, or 3.03 per cent, at 3444, while the broader All Ordinaries index lifted 92 points, or 2.79 per cent, to 3392.3. With the positive lead of Wall St. the market is expected to continue its upward movement today.

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Australian Market Report of November 18: More Softened Results Expected

🕔11/18/2008 1:00:07 PM 12943

On Monday, the Australian share market fell to a four-year low as investors remained concerned about the continuing gloomy economic outlook. The big miners and the banks led the market lower, and all sectors were down. The benchmark S&P/ASX200 index was down 95.1 points, or 2.54 per cent, at 3,653, while the broader All Ordinaries index lost 86.5 points, or 2.32 per cent, to 3639.5. Analysts said the market was oversold on fundamentals, but more softened half-year results would be expected in recent days.

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Australia Market Report of October 20: More Turbulence No Surprise

🕔10/20/2008 1:00:44 PM 10053

Wall Street closed weaker on Friday with fluctuations that has become a standard in recent weeks and further turmoil overseas is likely to prompt fresh slides for Australia markets. Last Friday the Australia benchmark S&P/ASX 200 index lost 42.6 points, or 1.1%, to 3970.8, after rising as much as 3.4% in the morning. The broader All Ordinaries lost 43.3 points, or 1.1% to 3944.8.

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Australia Market Report of August 19: Commodities Boom is Ending

🕔8/19/2008 12:30:35 PM 6446

Yesterday the Australian share market nudged a little higher as gold and oil prices rose and investors anticipated a good profit result from BHP Billiton, which released its result after the market closed.

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