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Advanced Magnesium Limited

  

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Australian Market Report of January 19: Upbeat Mood on Banks

🕔1/19/2010 9:30:25 AM 13381

The Australian share market shrugged off the concerns over US investment bank JPMorgan and closed slightly higher on Monday. Australian banks rose as the upbeat mood continued in this session after Commonwealth Bank's profit upgrade on Friday. The benchmark S&P/ASX200 index advanced 11.5 points, or 0.23 per cent, to 4,911.1 points, while the broader All Ordinaries index gained 6.6 points, or 0.13 per cent, to 4,936.1 points.

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Australian Market Report of June 16: Lower US Stocks and Commodities Prices

🕔6/16/2009 1:00:40 PM 14847

The Australian shares closed lower as weaker commodities prices weighed on the resources sector. The benchmark S&P/ASX200 index fell 30.5 points, or 0.75 per cent, at 4031.7 points, while the broader All Ordinaries index shed 31.1 points, or 0.77 per cent, to 4030.4 points.

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