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| | | The Australian sharemarket was about 1.5 per cent higher at noon with stronger resources stocks leading gains across all sectors. At 1200 AEST, the benchmark S&P/ASX200 index was up 70.1 points, or 1.51 per cent, at 4720.5 while the broader All Ordinaries ... |
| | | | The Australian sharemarket was flourishing at noon, with solid gains across the board, in particular the banks and miners. At 1200 AEST, the benchmark S&P/ASX200 index was up 94.2 points, or 2.07 per cent, at 4634.5 while the broader All Ordinaries ... |
| | | | The Australian sharemarket at noon has slipped back from early highs, weakened by the slump in Telstra shares and worse than expected housing data. At 1200 AEST, the benchmark S&P/ASX200 index was up 19.1 points, or 0.42 per cent, at 4550.2 while the ... |
| | | | The Future Fund rode the latest quarter market recovery when it gained 5.1 per cent in the three months to June, but posted a 4.2 per cent loss for the financial year (ex Telstra). The fund's Telstra shares of around two billion gained 4.9 per cent ... |
| | | | The $58 billion Future Fund has sold 684.4 million Telstra shares or 34 per cent of its Telstra holdings to institutional investors. The Future Fund sold the shares at a price of $3.47 (gross proceeds $2.37 billion) through an underwritten sale to the ... |
| | | | The Australian share market is expected to open lower after US stocks slumped on concerns about the level of bad loans held by banks following Bank of America's earnings report. Gold miners may gain after the precious metal advanced on Monday while ... |
| | | | The cost of trading Asian and Australian equities rose by 150 per cent last year compared to a year ago after bid-ask spreads widened to abnormal levels during the credit crisis, according to research. Trading cost data and analysis provider ITG released ... |
| | | | The Federal Government's Future Fund suffered a 5.86 per cent loss for the quarter and reduced its $31 billion cash holding by 10 per cent, according to its latest portfolio update. For the first six months of the 2009/09 financial year, the fund lost ... |
| | | | The Australian share market was in the red at noon with lower base metals prices overnight weighing on mining stocks and as profit takers capitalised on solid gains earlier in the week. At 1201 AEDT, the benchmark S&P/ASX200 index was down 39.7 points ... |
| | | | The Australian sharemarket bounced back at noon as strong resources stocks helped the market shrug off a negative lead from Wall Street. At 1200 AEDT, the benchmark S&P/ASX200 index was up 20.8 points, or 0.58 per cent, at 3,625.1, while the broader ... |
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