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Economics

Market wrap - morning

BY AAP | TUESDAY, 15 MAY 2007 9:06AM

With takeover talk still running through global equity markets and a positive lead from New York, the local market is likely to open higher today. At 0806 AEST on the Sydney Futures Exchange, the June share price index contract was down 36 points to 6,331, on a volume of 1,212 contracts.

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