Premier Investments Limited

ASX:PMV ISIN:AU000000PMV2

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News

Australian Market Report of September 22: Awaiting US Monetary Policy Decision

🕔9/22/2009 1:00:55 PM 15245

Wall Street closed mixed on Monday ahead of the Federal Reserve's monetary policy meeting. The Federal Reserve is widely expected to leave the near-zero interest rate unchanged, but may begin scaling back some economic stimulus. Traders moved into technology and health care shares amid concerns the energy, materials and financials were overbought.

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Australian Market Report of August 10: Signs of Long-term Recovery

🕔8/10/2009 1:00:14 PM 17309

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 March 17: Wall Street Rally Ended

🕔3/17/2009 1:00:13 PM 13467

Yesterday the Australian market closed marginally higher as financial stocks surged. The benchmark S&P/ASX200 index gained 0.1%, or 3.2 points at 3348.4, while the broader All Ordinaries index was up 0.1%, or 2.6 points, at 3297.3. Australian shares may receive support from the stronger copper and oil prices, despite the falls on Wall Street.

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Australian Market Report of November 26: Fragile Sentiment Unchanged

🕔11/26/2008 1:00:01 PM 11608

Yesterday, benefited from the US government's bailout plan on Citigroup, the Australian market benchmark S&P/ASX200 share index had its best day in more than 11 years, jumping 5.8%, or 198.3 points, to 3623.4, while the broader All Ordinaries index was up 5.5%, or 186.6 points, to 3575.4. Analysts say the market sentiment remains fragile as fundamental problems have not changed, although world governments are taking action to stimulate economy.

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  • 1987/12/15