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| | | ... million and said it would target underlying earnings growth of up to 15 per cent. BHP Billiton firmed two cents to $40.02 and Rio Tinto gained 36 cents to $71.18. Major banks reversed course during the morning and were trading around 0.4 per cent higher. ... |
| | | | ... stocks pulled the overall market lower. "The banks have basically knocked about 20 points off the index on their own, BHP and Rio another 10 points," he said. Commonwealth Bank of Australia (CBA) and AXA Asia Pacific Holdings (AXA APH) started trading ... |
| | | | ... traded. Australian Stock Report resources analyst Stan Shamu said a key reason for the turnaround in trading had been miner Rio Tinto saying it was comfortable with the proposed resource rent tax. "One of the main reasons for the miners being stronger ... |
| | | | ... in that is the finance sector," Mr Chatterton said from Brisbane. "The four major banks have not gone on with it. "BHP and Rio are obviously a bit better, while across the board the materials sector is performing a bit better." BHP Billiton was up 31 ... |
| | | | ... trade, with miners outperforming the broader market. BHP Billiton was up 76 cents, or 1.89 per cent, at $41.06, while rival Rio Tinto had advanced $1.57, or 2.21 per cent, to $72.72. Rio was the second best performing stock on the S&P/ASX50 behind investment ... |
| | | | ... stocks on the S&P/ASX50 in red figures at 1018 AEST. One of those was BHP Billiton, down five cents at $40.07. Rival miner Rio Tinto had advanced 29 cents to $70.90. On Wall Street, the Dow Jones industrial average closed down a slender 0.01 per cent ... |
| | | | ... and Macquarie Group up 14 cents at $39.88. Resources stocks were up a little, with market heavyweight BHP Billiton and rival Rio Tinto both up about a quarter of a per cent. |
| | | | ... higher by the miners and the banks. BHP Billiton was up 1.71 per cent at 1212 AEST, by 67 cents at $39.55, while its rival, Rio Tinto Ltd, experienced a comparable rise, up by $1.17 at $69.40. The major banks were up by as much as 2.5 per cent, led by ... |
| | | | ... strong production figures and said its petroleum and iron ore divisions both had achieved annual production records. "BHP and Rio are up and I think that's after BHP's above-expectations report yesterday," Mr Kimber said. "We liked everything they had ... |
| | | | ... about the global economy's short-term outlook. At 1203 AEST, BHP Billiton was up 74 cents, or 1.93 per cent, at $39.04. Miner Rio Tinto jumped $1.85, or 2.78 per cent, to $68.35. Burrell Stockbroking associate Peter Wright said the local market was trading ... |
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