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| | | ... Australian share market was slightly lower at noon as weakness among the major banks outweighed strength among oil and resources stocks flowing from higher prices for oil and most base metals. Austock senior client adviser Michael Heffernan said the ... |
| | | | ... Australian share market closed lower yesterday, ending a four day rally, dragged down by the financial sector and resources stocks. A disappointing outlook from Macquarie Group weighed heavily on the bourse. The benchmark S&P/ASX200 dropped 41.3 points ... |
| | | | The Australian share 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 ... |
| | | | ... down 0.34 per cent, the blue chip S&P500 index barely changed and the Nasdaq technical index up slightly. But resources stocks may receive a boost from strong base metal prices in London overnight. The lead from the futures index in Sydney is mildly ... |
| | | | ... back of a strong lead from Wall Street. Base metals prices closed lower overnight which could weigh on local resources stocks. At 0758 AEST, on the Sydney Futures exchange, the June share price index was up 71 points to 5,666. Today, the Australian Bureau ... |
| | | | ... unclear the outlook for further rate cuts. Base metals prices closed lower overnight which could weigh on local resources stocks. At 0725 AEST, on the Sydney Futures exchange, the June share price index was down 30 points to 5,571. Today, Australian ... |
| | | | ... which is a traditional hedge against a falling US dollar," he said. Lower base metals prices were dragging local resources stocks downwards, particularly the big diversified miners, he said. At 1201 AEST, BHP Billiton dipped $1.62, or 3.69 per cent ... |
| | | | ... a weak lead from Wall Street overnight. Base metals prices closed lower in London which could weigh on local resources stocks. At 0720 AEST, on the Sydney Futures exchange, the June share price index was down 50 points to 5,575. Today, the Reserve Bank ... |
| | | | ... market peak in recent days," Mr Bishop said. "Some stocks are being held back on profit-taking, particularly in resources stocks and the banking sector. "With the banks reporting season on the way, we can expect more from ANZ and its sub prime exposure. ... |
| | | | ... Equities client adviser, David Halliday, said the market was taking strong leads from the resources sector. "The resources stocks are doing most of heavy lifting today and are having a hefty impact on index," Mr Halliday said. "It has also been aided ... |
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