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| | | ... Network to deliver Australia 3.0". The Australian share market closed higher on Monday, clawing back most of its losses from Friday's three per cent plunge, as investors piled into banking stocks after fears eased over Dubai's debt woes. The benchmark ... |
| | | | The Australian sharemarket had rebounded from Friday's losses and was firmly in the black at noon, driven by gains in banking and resources stocks, amid expectations Dubai's debt woes will be contained. At 1203 AEDT, the benchmark S&P/ASX200 index was ... |
| | | | ... Ltd as well as Progen Pharmaceuticals Ltd and Territory Resources Ltd. Australian stocks fell almost three per cent on Friday, as fears about Dubai's debt woes hammered the financial sector and wiped $38 billion off the market's value. The benchmark ... |
| | | | ... it was important to determine the exposure of Australian companies to the moratorium before reacting. "This is a black Friday for investors," Ms Chan said. "It's been a blow to market sentiment and confidence has been shaken. "I'm not going to pre-empt ... |
| | | | The Australian markets have received strong, negative leads from overseas for trading on Friday, despite Wall Street being closed for a holiday. At 0731 AEDT on the Sydney Futures Exchange, the December share price index contract was 41 points lower ... |
| | | | ... holiday on Thursday. "The market's a little bit boring at the moment with Thanksgiving in the US tomorrow and the half day on Friday," he said. "So, as expected, there are low volumes and that's going to be the story for the rest of the week." Mr Kimber ... |
| | | | ... over the weekend had boosted that sector. "The market is trading stronger today, trying to get back some of gains lost on Friday," Ms Saly said. "Retail is holding up very well today with Harvey Norman a particular stand-out." Shares in Harvey Norman ... |
| | | | Australian markets have received negative leads overall from overseas since Friday's local session. At 0807 AEDT on the Sydney Futures Exchange, the December share price index contract was down seven points at 4,694. In economics news on Monday, the ... |
| | | | ... 4,698, on volume of 11,443 contracts. IG Markets research analysts Ben Potter said he expected more selling than usual on Friday after the lack of confidence felt in the US overnight. "They're still pretty weak, as expected, as we saw broad-based falls ... |
| | | | Australian shares are likely to slump on Friday after US equities fell on a stronger dollar and more signs of a subdued US economic recovery. Metals prices were higher, but the oil price fell. At 0654 AEDT on the Sydney Futures Exchange, the December ... |
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