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| | The Australian stock market was lower at noon on Friday, lead by losses in the materials and consumer staples sectors. At 1200 AEST, the benchmark S&P/ASX200 index was down 10.8 points, or 0.24 per cent, at 4,431.8 points, while the broader All Ordinaries ... |
| | | ... Australian Securities Exchange. On Wednesday, the Australian share market closed lower as investors sought safety in consumer staples and defensive stocks, leaving miners and banks weaker. The benchmark S&P/ASX200 index lost 32.1 points, or 0.73 per ... |
| | | ... cent. Energy stocks, which make up about 10 per cent of the S&P 500 index, dropped after oil fell. Shares of consumer staples companies, which are seen as safer bets in weak economies, rose. The Dow rose 5.67 points, or 0.05 per cent, to 10,625.83. The ... |
| | | ... resources sector while the financials were experiencing a drop after months of gains, Mr Sekely said. Strength in consumer staples stocks may be down to improving sentiment in the retail sector, he said. "I think the retailers generally are making positive ... |
| | | The $90 billion consumer staples sector is showing signs of strain and the number of distressed stocks are increasing, said Lincoln Indicators. The latest Health of the Market report by Lincoln Indicators noted that around 24 per cent of consumer staples ... |
| | | ... contracts. IG Markets research analyst Ben Potter said there had been broad-based gains led by the materials sector. "Consumer staples and financial servers also are bouncing back from some of the losses we saw yesterday," Mr Potter said. "The strong ... |
| | | ... contracts. IG Markets research analyst Ben Potter said there had been broad-based gains led by the materials sector. "Consumer staples and financial servers also are bouncing back from some of the losses we saw yesterday," Mr Potter said. "The strong ... |
| | | ... Mr Taylor said. "We're also seeing money flowing into the gold stocks but there's weakness among property and consumer staples." Westpac Banking Corporation said its full year profit declined 10.7 per cent. Its stock rose 19 cents to $25.62. Among the ... |
| | | ... announcement of taking over (hardware wholesaler) Danks, and having the joint venture with Lowes in the US," he said. Consumer staples were mixed after supermarket giant Woolworths announced it is to enter the hardware sector with a takeover offer for ... |
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