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| | | The Australian sharemarket is expected to open higher after US stocks gained overnight. Resource stocks may decline after commodity prices fell overnight, however. At 0706 AEDT on the Sydney Futures Exchange, the June share price index futures contract ... |
| | | | ... open higher after US stocks gained overnight on a stronger-than-expected Midwestern business activity report. Resource stocks may decline after base metal prices declined overnight. At 0700 AEDT on the Sydney Futures Exchange, the June share price index ... |
| | | | ... get rises in commodities of over two per cent, that's obviously going to be a big fuel injection to the major resource stocks that we've got here. "We see the big movers on the market are BHP and Rio." At 1215 AEDT, BHP Billiton had added 86 cents, or ... |
| | | | ... share market was stronger at noon after oil and gold reached record prices overnight, encouraging investors to buy resource stocks. The Australian market followed US equities, which advanced overnight also after credit rating agency Standard & Poor's ... |
| | | | ... and FoodStuffs Ltd. Yesterday, the Australian share market closed in positive territory buoyed by strong local resource stocks and a firm lead from Wall Street. The benchmark S&P/ASX200 index closed up 74.4 points, or 1.17 per cent, to 6444.5 and the ... |
| | | | ... Resources Ltd hold annual general meetings. Yesterday, the Australian share market closed in the red amid weaker local resource stocks and following a dismal performance on Wall St. The benchmark S&P/ASX200 index closed down 38.7 points, or 0.6 per cent ... |
| | | | ... market fell sharply yesterday as major banking stocks were pummelled on fears of further subprime writedowns and resource stocks fell on lower metal prices. The benchmark S&P/ASX200 index lost 109.8 points to 6425.4 and the All Ordinaries dipped 111.1 ... |
| | | | ... broker downgraded a major US institution related to suB-prime mortgage writedowns and lower base metal prices hit resource stocks. At 1200 AEST, the benchmark S&P/ASX200 index was 114.4 points lower at 6420.8, while the All Ordinaries dropped 114.5 points ... |
| | | | ... director and co-head of international and global small cap value strategies, Margaret Naylor. Naylor said Australian resource stocks appear cheap as they have high equity returns, but investors need to understand the implications of commodity prices. ... |
| | | | ... Smith said, while the usual suspects of resource and finance had kept the bourse in positive territory. "The two resource stocks and the four big banks, the usual story," he said. Mr Smith agreed that speculation of an interest rate cut in the United ... |
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