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| | | ... fallen from morning highs heading into noon. "The market was set to run higher following the big runs in the US overnight," Ms Saly said. In the US on Monday, the Dow Jones Industrial Average was up 203.52 points, or 2.03 per cent. Ms Saly said the focus ... |
| | | | ... lift interest rates following the Reserve Bank decision to do so this week. "We expect other (banks) to follow suit," Ms Saly said. BHP Billiton was up 32 cents at $38.13 at 1213 AEDT and Rio Tinto was 60 cents higher at $61.35. "We're looking at Alumina ... |
| | | | ... driving a recovery to almost neutral territory. "Some of the banks are coming back and that's lending a bit of support," Ms Saly said. By 1202 AEST, National Australia Bank added eight cents to $29.62, Westpac was steady at $24.88, Commonwealth Bank ... |
| | | | ... a great day on the market catching up to that impressive session that we saw on Wall Street and in European markets," Ms Saly said. "We are seeing great gains among all the major sectors." At 1232 AEST, shares in mining giant BHP Billiton were up $1.49 ... |
| | | | ... announcements from Ansell, NIB Holdings and Newcrest Mining beat market expectations, which brought buyers into the market, Ms Saly said. Ansell's shares firmed eight cents to $9.48, NIB's jumped eight cents, or 8.51 per cent to $1.02, and Newcrest Mining ... |
| | | | ... "Really big losses in base metals is impacting the miners today after a great run last week. It's not that surprising," Ms Saly said. BHP Billiton was down 56 cents, or 1.47 per cent, at $37.48 at 1204 AEST while Rio Tinto had shed 40 cents, or 0.52 ... |
| | | | ... "Every day, it seems another company says they need capital, with Graincorp and Billabong the latest to join that queue," Ms Saly said. News that debt-laden Great Southern Ltd had entered administration was also driving investor sentiment lower, she ... |
| | | | ... Australian dollar lower. "The market fell further into the red immediately following the release of those GDP figures," Ms Saly said. "It was quite a shock for the market: many were expecting a rise in the fourth quarter. "It was down about one per cent ... |
| | | | ... downgrade from Boral and its share price is heavily under pressure but we're seeing the big miners hold up quite well," Ms Saly said. Australia's largest brick maker, Boral, had slumped 60 cents, or 14.71 per cent, to $3.48 at 1207 AEDT after slashing ... |
| | | | ... to slowing demand from China, however, this stimulus plans signals that next year, we may see a pick up in production," Ms Saly said. "The entire materials sector is certainly lifting the market and is up by 6.5 per cent. "We're also seeing some good ... |
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