Market wrap - middayBY AAP | WEDNESDAY, 28 FEB 2007 12:29PMThe Australian stock market made a slight recovery by noon today after plunging more three per cent at the opening mirroring the global reaction to the massive sell-offs in China and the US. At 1212 AEDT, the benchmark S&P/ASX200 index had been stripped of 2.45 per cent of its value, or 148.1 points to 5845.7, while the all ordinaries had given up 2.5 per cent or 150.4 points to 5827.2. |
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Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
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