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| | ... given all 20 stocks on the S&P/ASX20 were trading lower. "We are all suffering Greek indigestion at the moment," Mr Heffernan said. "You don't have to be Nostradamus to know that it's the Greek situation that is really hurting the market." The spot price ... |
| | | ... and strategist Michael Heffernan said. "That is light years in front of the period that we had last year." Also, Mr Heffernan said the past couple of weeks had featured a numerous companies going ex-dividend, which had acted as a drag on the market. ... |
| | | ... eurozone, boosting the euro. "There's nothing really that should have set the market down if you look at if objectively," Mr Heffernan said. "It's probably a bit of profit taking after a pretty good run." However, he added, a drop in gold prices overnight ... |
| | | ... environment, there had been an improvement in the second quarter of fiscal 2012 versus the first quarter of the year. Mr Heffernan said the result exceeded market expectations. At 1039 AEDT, the company's shares were six cents higher, or 2.3 per cent ... |
| | | ... and highest close since May 2008. Australian shares followed the positive lead and traded higher on Friday morning, Mr Heffernan said. "Certainly, when you look across the market, there's a lot of green everywhere," he said. By 1200 AEDT, the benchmark ... |
| | | ... and Fortescue) coupled with some good figures from China could see some good gains in the resources space," said Mr Heffernan. At 1203 AEDT on Tuesday, the benchmark S&P/ASX200 index was up 44.2 points, or 1.1 per cent, at 4,191.4, while the broader ... |
| | | ... the retail spending over there at the start of the Christmas season was better than what one might have hoped for," Mr Heffernan said. "That has tended to nullify continuing concerns out of Europe, although the European markets were okay on Friday. "But ... |
| | | ... a disappointing day. "We're retracting due to the contagious European disease that's affecting the whole world," Mr Heffernan said. "The Germans have to become a bit more flexible in their approach," referring to European leaders' stumbling efforts to ... |
| | | ... on the debt rescue plan agreed to last week. "That takes a bit of the gloss off the interest rate cut yesterday," Mr Heffernan said. "It is just the Greeks shooting themselves in the foot again, more or less. "But, nevertheless, it frightens the horses ... |
| | | ... more sectors up than there are down at the moment, which points to a bit of resilience given all that's going on," Mr Heffernan said. But losses by the big banks were offsetting other sectors' gains, he said. Commonwealth Bank was the worst performer ... |
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