Market wrap - middayBY AAP | WEDNESDAY, 11 JUL 2007 1:04PMThe Australian share market remained lower at noon, but banking stocks were keeping it relatively sturdy after Wall Street fell more than one per cent last night and most commodity prices weakened. Local nickel stocks have been hit hard, as the base metal continued its rapid decline from record highs earlier this year. Nickel fell eight per cent last night alone. |
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Featured Profile
Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.
