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| | | ... was that significant interest rate cut by the Fed. "The Australian market was just looking for an excuse to go up." Base metals also rebounded sharply following the Fed rate cut, helping the big miners. At 1212 AEDT, BHP Billiton had risen $2.76, or ... |
| | | | ... Wall Street were limited by a surprise 75 basis point cut in interest rates by the US Federal Reserve. Base and precious metals were higher overnight but oil fell. At 0809 AEDT on the Sydney Futures Exchange, the March share price index futures contract ... |
| | | | ... Indices for the December quarter. In equities, Macquarie Airports is to announce annual results for Sydney Airport. Botswana Metals Limited (ASX:BML) will list on the Australian stock exchange, in Melbourne at 1100 AEDT. Yesterday, the benchmark S&P/ASX200 ... |
| | | | The Australian stock market appears headed for further choppy trade with an uncertain lead from Wall Street, base metals in London down, and continued uncertainty over world market conditions. At 0743 AEDT, on the Sydney Futures Exchange, the March ... |
| | | | ... Australian share market is expected to open higher this morning, following positive leads from Wall Street and from base metals in London overnight. On the Sydney Futures Exchange at 0839 AEDT, the March share price index was UP 61 points to 6,027. In ... |
| | | | ... dipped 28 points to 5976 on volume of 10,484 contracts. The big miners were mixed after a simular performance from base metals in London on Friday. BHP Billiton was down two cents to $38.28, Alumina had shed 10 cents to $6.13 but Rio Tinto was up 20 ... |
| | | | ... guess the materials and energy sectors are off on the back of the commodity prices overnight. Oil prices and all the base metals took a bit of a beating and similarly with the gold price which was off quite substantially." Mr Wacher said positive retail ... |
| | | | ... open lower today after US stocks fell on scepticism about a plan by global central banks to revitalise credit markets. Metals in London were lower overnight. At 0809 AEDT, on the Sydney Futures Exchange, the December share price index was down 2 points ... |
| | | | ... Wall Street as US stocks rose after the Federal Reserve and other central banks sought to ease a global credit crunch. Metals in London were mixed overnight. At 0820 AEDT, on the Sydney Futures Exchange, the December share price index was up four points ... |
| | | | ... markets have taken that news quite badly," Mr Wacher said. As well softer commodity prices overnight, especially in base metals, had helped push down the resources sector. "But I wouldn't be surprised if there's trade up from here for the rest of the ... |
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