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| | | ... index futures contract was down 50 points at 4,160 points, with 12,771 contracts traded. IG Markets market strategist Stan Shamu said the Australian market was experiencing a broad-based sell-off in early trading, based upon weakness in US and European ... |
| | | | ... closing bell, the Dow Jones Industrial Average was up 28.23 points (0.22 per cent) to 12,980.30. IG Markets analyst Stan Shamu said the market had been driven higher by gains among the major miners following strong commodity price gains. "We're seeing ... |
| | | | ... absence of a catalyst, it seems like markets will continue to consolidate after recent gains," IG Markets' strategist Stan Shamu said. "We expect to see initial weakness in the resource space after a fairly tough night for commodities." At 1028 AEDT ... |
| | | | ... shed $1.38 to hit $61.78. "Some traders are saying that the 'bubble has burst,'" said IG Market's market strategist Stan Shamu. Shares in Bluescope Steel are in a trading halt as it seeks to sell shares not taken up in a recent $600 million bout of capital ... |
| | | | ... cent chance of a rate cut, so any move to hold rates at current levels could push shares lower, IG Markets analyst Stan Shamu said. Resources stocks were lower, with miner Rio Tinto down 0.7 per cent, or 47 cents, to $66.53 a share, while BHP Billiton ... |
| | | | ... pump dollar liquidity into the international banking system to avert a global financial crisis. IG Markets strategist Stan Shamu said it had been expected that markets would consolidate at some stage following the several days of rises. "It has certainly ... |
| | | | ... at the moment and staying on the sidelines, with share trading volumes thin all week, IG Markets market strategist Stan Shamu said. The night's events included a sell-off of commodities, including gold and silver, with oil prices also plunging and giving ... |
| | | | ... index futures contract was 100 points lower at 4237 points, with 20,415 contracts traded. IG Markets market strategist Stan Shamu said global markets were clearly focused on Italy at the moment. "They're the Eurozone's third biggest economy. Some say ... |
| | | | ... waiting for European Union nations come up with a solution for tackling the eurozone debt. IG Market market strategist Stan Shamu said many investors were taking a "wait and see" approach ahead of a second EU summit on Wednesday, with French and German ... |
| | | | ... contract was 16 points higher at 4,545 points, with 20,087 contracts 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 ... |
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