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| | ... at $4.885 after its full year profit came in ahead of expectations, despite a two per cent fall in full year profit. Mr Shamu said iron ore stocks had also edged higher despite a pullback in iron ore prices. Fortescue Metals was up nine cents at $5.93 ... |
| | | ... at $4.885 after its full year profit came in ahead of expectations, despite a two per cent fall in full year profit. Mr Shamu said iron ore stocks had also edged higher despite a pullback in iron ore prices. Fortescue Metals was up nine cents at $5.93 ... |
| | | ... US, where the major indices shrugged off disappointing jobs numbers to finish more than one per cent higher on Friday. Mr Shamu said traders were starting to feel more positive after several weeks of weakness on equities markets. "There is just a generally ... |
| | | ... record highs. "We're rallying from that optimism from another solid session for US markets along with Europe," he said. Mr Shamu said a key event for the local market on Thursday would be the release of official private sector capital expenditure figures ... |
| | | ... bit more direction as to what some of these comments mean for credit markets and confidence in China going forward," Mr Shamu said. China's October property prices will be released on Monday and could also affect the ASX. All domestic market sectors ... |
| | | ... $1.19 to $34.70. "They are both down about three per cent or so, so that's more than enough to weigh on the market," Mr Shamu said. But, Mr Shamu said, the market had received a positive lead from the US and could move into positive territory later in ... |
| | | ... (jobs) number suggests they (the US Federal Reserve) probably won't start tapering (easing economic stimulus) this year," Mr Shamu said. "That's more than enough to see the market extend this little rally." The major miners, gold stocks and big banks ... |
| | | ... defaulting on its debt. "Investors are just growing tired of the wait and see approach with the US government shutdown," Mr Shamu said. "It has looked like the two parties are so far apart from reaching a solution, and the more it continues the more ... |
| | | ... for the nine months to June, citing strong revenue growth and productivity gains for the seven per cent increase, but Mr Shamu said analysts were still disappointed about the lack of cash flow. "Any slight disappointment will probably see a sell-off," ... |
| | | ... improve much further." A slight weakness in the US dollar also helped the local market get off to a good start on Thursday, Mr Shamu said. "The market has taken that in its stride," he said. Mr Shamu said he believed slower growth in China was helping ... |
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