Food & Beverage

Australian Market Report of February 8: Massive Losses after Bad Leads

🕔2/8/2010 9:30:56 AM

The Australian share market dropped sharply to a three-month low on Friday follwoing the plummet in overseas stocks and commodities prices. About A$31 billion was wiped from the value of stocks after the massive selling in Australian shares. At the close, the benchmark S&P/ASX200 index fell 107.3 points, or 2.32 per cent, to close at 4514.3, while the broader All Ordinaries index lost 111.4 points, or 2.4 per cent, to 4532.7.

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Australian Market Report of February 3: Encouraged by Positive Earnings

🕔2/4/2010 9:30:18 AM

Australian stocks rose Wednesday following encouraging earnings result from media group News Corp. At the close, the benchmark S&P/ASX200 index gained 42.6 points, or 0.9 per cent, at 4647.9, while the broader All Ordinaries index rose 44.4 points, or 1 per cent, to 4673.2.

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Asian Markets Overview of February 3

🕔2/3/2010 1:30:48 PM

Asian shares were lifted on Tuesday after strong U.S. manufacturing data. Japan's Nikkei index ended 1.63 percent higher, after Toyota's plans to fix millions of vehicles equipped with faulty accelerators in North America and Europe. Australian shares climbed as metals prices rose, but Australian dollar was pulled down by RBA's unexpected decision to keep interest rate unchanged.

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Australian Market Report of February 1: Big Loss in January

🕔2/1/2010 9:30:26 AM

The last trading day of January ended with a sharp loss on Friday. Australian shares plunged more than 2 per cent while the market was clouded with negative sentiment. At the close, the benchmark S&P/ASX200 index was down 103.7 points, or 2.2 per cent, to 4569.6, while the broader All Ordinaries index fell 100.8 points, or 2.1 per cent, to 4596.9. For the month, a 6.2 per cent, or A$85 billion in value, was wiped off from the market.

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Australian Market Report of January 28: Broad market Sell-off

🕔1/28/2010 9:30:08 AM

The Australian sharemarket sharply fell on Wednesday with all sectors in the red. At the close, the benchmark S&P/ASX200 index lost 73.3 points, or 1.6 per cent, at 4644.6 points, while the broader All Ordinaries index fell 73.1 points, or 1.5 per cent, to 4670.

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Asian Markets Overview of January 25

🕔1/25/2010 1:30:24 PM

US shares tumbled sharply for a third straight day on Friday as continued worries about the White House's plan to limit bank risk-taking. Google's disappointing earnings also hit the tech stocks. For the week, the Dow dropped 4.1 per cent, the S&P 500 lost 3.9 per cent and the Nasdaq tumbled 3.6 per cent.

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Fufeng Group Ltd (HKG:0546) Glutamic Acid and MSG Industry - The end of hard times - the strong gets stronger

🕔1/21/2010 2:59:41 PM

The previous analysis in different dimensions including degree of production concentration, strength of industry barrier and the business model lead a conclusion that there are now clearly recognisable tiers in China's glutamic acid & MSG industry. Fufeng stands out of its peers.

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