Wentworth Holdings Limited

 
 
    

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Australia Market Report of September 12: Speculating No Rate Cut in October

🕔9/12/2008 12:30:00 PM 12812

Yesterday the Australian sharemarket closed lower for the third consecutive day on concerns that Wall Street's latest banking woes would hit Australia. The four major banks deducted the most from the index with their major losses of more than 3% following Lehman Brothers' announcement overnight in New York of asset sales.
Yesterday, the benchmark S&P/ASX200 fell 91.2 points, or 1.85 per cent, to 4,814.3, while the broader All Ordinaries shed 89.9 points, or 1.81 per cent, to 4,871.5.

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Company Data

    Principal Sector
  • Real Estate 
  • Principal Industry
  • Real Estate 
  • Listed
  • 2000/03/22