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| | | The Australian share market remained lower at noon but gains in large local resource stocks minimised the impact of a negative lead from Wall Street. At 1200 AEST, the benchmark S&P/ASX200 index was down 25.2 points to 6746.7 and the All Ordinaries ... |
| | | | ... all time highs... Strange things are going on at the moment." Jarvis said the market was being driven by strong resource stocks. "The strength today is back through the resources," she said. At 1214 AEST Rio Tinto was up $2.69 to $112.80 and BHP Billiton ... |
| | | | The Australian sharemarket soared to new intraday highs today, buoyed by strong resource stocks and a solid lead from the US equity markets which rallied to new records overnight. At 1205 AEST, the benchmark S&P/ASX200 index was up 45 points to 6722.8 ... |
| | | | ... 31.06 points at 2,596.36. Prices closed firmer on the London Metal Exchange on Friday, adding impetus to local resource stocks. Mining giant BHP Billiton in early trading this morning rose 37 cents to $38.79 and Rio Tinto was $1.16 stronger at $94.68. ... |
| | | | ... volatility dies down. If you are looking to add, add at the quality end of the market." That meant looking at blue chip resource stocks, like BHP, he said. "There's long term belief in the commodities story: the demand for commodities will continue to ... |
| | | | ... last night by Rio Tinto to put a bid in for Alcan," Mr Whiting said. "That's sparked a bit of excitment among the resource stocks today and they've driven the market higher, particularly BHP and some of the mid-capped miners like Zinifex and Oxiana. ... |
| | | | ... results. The Australian stock market closed at a record high, largely on the back of an excellent performance by resource stocks and a strong banking sector. At the close, the benchmark S&P/ASX200 index was up 49.5 points to 6400.6, while the all ordinaries ... |
| | | | ... been no major declines. "Commodities were okay, so with that background it should be a reasonable day... "The resource stocks will grab the attention. "This time of year is one characterised by a lack of economic and corporate news so you're going on ... |
| | | | ... collateral. Continued weakness in the US sub-prime market is expected to pose a continued risk for stocks. Australian resource stocks are also expecting a dip on the back of rumours that the Chinese government will effect further tightening of monetary ... |
| | | | ... 500 Index climbed 9.94 points to 1,532.91. The Nasdaq Composite Index advanced 27.30 points to 2,626.71. Local resource stocks were higher, with stronger commodities prices on the London Metals Exchange providing a boost. BHP Billiton gained 41 cents ... |
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