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KarmelSonix Ltd

  

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Australian Market Report of December 11: Prospect for Further Rate Hikes

🕔12/11/2009 9:30:04 AM 13242

The Australian market declined for a fifth consecutive session on Thursday, even after a stronger-than-expected labour force report. The falls were led by resources shares and consumer discretionary. At the close, the benchmark S&P/ASX200 index dropped 31.2 points, or 0.7 per cent, at 4606.7 points, while the broader All Ordinaries index lost 29.7 points, or 0.6 per cent, to 4622.9 points.

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