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| | | ... Australian share market slumped to a two and half year low after heavy losses from the resources sector amid weaker commodity prices overnight and a poor lead from Wall Street. The benchmark S&P/ASX200 index fell 67.3 points, or 1.38 per cent, to 4820.4 ... |
| | | | The Australian stock market was languishing at a 32-month low at noon as fears of slowing global growth lowered commodity prices and hammered the resources sector. At 1200 AEST, the benchmark S&P/ASX200 index was down 92.7 points, or 1.9 per cent, to ... |
| | | | ... cusp of a recession. Unfortunately this time, inflationary pressures are coming from without, in the form of strong commodity demand from industrialising nations like China, India, Russia and oil exporting countries who have tonnes of cash to spend. ... |
| | | | ... market. "We started off with a head of steam but pricing has come back into line with the performance of both equity and commodity markets on Friday," Mr Halliday said. Market leader BHP Billiton fell 76 cents to $38.35 and Rio Tinto lost $1.91 to $119.69. ... |
| | | | ... Australia, the TD Securities inflation expectations report, the AIG's performance of manufacturing index and the RBA commodity price index are due for release. |
| | | | ... July is released. So to the Securities/Melbourne Institute inflation gauge for July and the Reserve Bank of Australia commodity price index for July. Australian shares closed firmly in the black yesterday for the second consecutive day, driven by a positive ... |
| | | | ... companies should outperform over the medium term, said Walsh. "Our portfolio continues to be well exposed to the bulk commodity producers, mining services, infrastructure, engineering leveraged companies, and the healthcare sector. We remain underweight ... |
| | | | Climbing commodity prices have pioneered the establishment of pure commodity funds and a debut Standard and Poor's rating for three new products. Ratings house Standard & Poor's Fund Services recently assigned four-star ratings to three new pure commodity ... |
| | | | ... morning and this follows NAB's announcement last week," Ms Chan said. "The big miners were doing reasonably well because commodity prices were firmer." ANZ flagged a $1.2 billion second half provision and said its cash earnings per share were expected ... |
| | | | ... dollar overnight and an accompanying sell-off in the US bond market. The equity market received support from falling commodity prices. Signs that demand is weakening sparked a decline in commodity prices led by a sharp drop in energy prices. Crude oil ... |
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