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| | | ... down 56 cents at $13.78 and Macquarie Group was $1.61 lower at $56.89. The big diversified miners were weaker at 1203 AEST. BHP Billiton shed 12 cents to $46.75 and its takeover target Rio Tinto dipped $1.61, to $148.44. In the US overnight, the Dow ... |
| | | | ... 11,122 contracts. Aequs Securities institutional dealer Ric Klusman said the market fell after the weakness in the US, and BHP Billiton and Rio Tinto fell on the decline in commodities. BHP fell $1.70, or 3.5 per cent, to $46.91 and Rio Tinto slipped ... |
| | | | ... strong gains, as investors sold to take advantage of the higher price. "We're not buying at this level, but we're holding BHP. We also like Woodside, which is a good, long term company." BHP fell 62 cents, or 1.25 per cent, to $48.93 and Rio Tinto slipped ... |
| | | | ... for raw materials and it's frankly one of the reasons that over the long haul Australia has done so well and companies like BHP Billiton have [profited]." Malkiel said part of an investor's portfolio should be allocated to the emerging markets, but warned ... |
| | | | ... Lander said the driving force in the market continued to be the major resource stocks. "It's not just Chinese whispers boosting BHP (Billiton): this is still a resource based run," Mr Lander said. BHP Billiton advanced 93 cents, or 1.91 per cent, to ... |
| | | | ... its run higher at midday, as a rise in industrial metals boosted resources and more talk of the Chinese taking a stake in BHP Billiton pushed its share price up to $50 - the highest on record. At 1205 AEST, the benchmark S&P/ASX200 index was up 75 points ... |
| | | | ... an Australia Israel Chamber of Commerce lunch. The Australian market closed at a four month high yesterday after shares in BHP Billiton soared to a record peak on speculation that Chinese investors were circling the global miner. The benchmark S&P/ASX200 ... |
| | | | ... amid speculation that Rio Tinto's largest shareholder Chinalco, or another Chinese major, was preparing to take a stake in BHP Billiton. At 1202 AEST, BHP Billiton was 71 cents, or 1.46 per cent, weaker at $47.85 while its takeover target Rio Tinto gained ... |
| | | | ... shipment from Western Australia's Pilbara. Yesterday, the Australian stock market closed at a four month high after shares in BHP Billiton soared to a record peak on speculation that Chinese investors were circling the global miner. The benchmark S&P/ASX200 ... |
| | | | ... market inched back into the black after opening lower, as the heavyweight resources stocks jumped apparently on comments by BHP Billiton's head that the miner may be prepared to include a cash component in its bid for rival Rio Tinto. At the same time ... |
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