The Australian share market strongly rebounded in early trade today, despite a flat lead from Wall Street. The benchmark S&P/ASX200 index was up about 2.2 per cent shortly after the market opened.
The Australian shares opened slightly higher today while bargain hunting Friday helped Wall Street snap the losing streak. Today both the S&P/ASX200 index and All Ordinaries index gained more than 0.8 per cent shortly after the market opened.
Geodynamics Limited (ASX:GDY) is pleased to provide a Quarterly Activities Report for the period ending 31 March 2010.
Australian shares opened stronger this morning on bargain hunting, despite Wall Street overnight fell on worries over the effectiveness of the bailout plan for eurozone and fears over China's further move to tighten monetary policy. Yesterday China's data showing that inflation in the country is rising prompted declines in most Asian markets.
FINANCE AUDIO: Australian Power and Gas (ASX:APK) CEO James Myatt Speaks with Brian Carlton
Australian Power and Gas Company Limited (ASX:APK) today released its updated customer account numbers which have now exceeded 130,000 showing the continued strong growth of the company. Receipts from customers were A$86.7 million for the first three quarters of the financial year reflecting these levels of growth.
Fast growing energy retailer Australian Power & Gas (ASX:APK) has today been ranked number one on BRW's annual Fast Starters 100 list, after producing a revenue of A$72.7M in the list's qualification period through the financial year 2008-09. Companies must have started trading after June 30, 2005 and have at least 2 years of revenue to qualify.
