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| | | ... home by more bad news announcements from investment funds. Wall Street today achieved its best rally in four years, with stocks recouping more than US$360 billion in value and bargain hunters were out in force, buying up stocks made cheaper by a two-week ... |
| | | | A plunge on Wall St triggered by further jitters about the subprime mortgage market is likely to hit local stocks today, with the market expected to open the week sharply lower. At 0727 AEST on the Sydney Futures Exchange, the September share price ... |
| | | | ... pushed the world's biggest miner, BHP Billiton, higher, too. Shares in BHP rose 50 cents, or 1.38 per cent, to $36.75. US stocks rose on Thursday in another late-day rally as enthusiasm about strong earnings tempered nervousness about weakness in credit ... |
| | | | Another rally on Wall St is expected to push Australian stocks higher today, helping the market recover more of Wednesday's losses. At 0723 AEST on the Sydney Futures Exchange, the September share price index was up 66 points to 6,038 on a volume of ... |
| | | | ... trading accounts lost $48 billion in the biggest one-day fall since the September 11 terror attacks in 2001. High beta stocks were slaughtered, with trigger-happy investors, indiscriminately selling leaving some high profile casualties such as, Babcock ... |
| | | | ... contracts. Analyst Bill Bishop, from ABN Amro Morgans, said today's fall was unfortunate, but to be expected. "All the major stocks have fallen. The banks are all down, all the retailers are having a bloody shocking day, all the resources are getting ... |
| | | | ... market on robust profitability. The Nikkei added 0.03 per cent, or 5.49 points, to end at 17,289.30. HONG KONG - Hong Kong stocks rose 0.75 per cent, recouping some of their losses from last week's sell off, buoyed by strong mainland shares. The Hang ... |
| | | | ... 418.28 points at 17,283.81, the lowest close since May 1, having lost 874.12 points during the week. HONG KONG - Hong Kong stocks fell in their worst one-day percentage fall since March as investors unloaded shares across the board, following a global ... |
| | | | The Australian share market was a sea of red at noon today as stocks tumbled in line with the US market, which suffered its second worst trading day this year. At 1200 AEST, the benchmark S&P/ASX200 index had tumbled 134.5 points to 6124, while the ... |
| | | | ... Christopher Davis and Ken Feinberg, are highly regarded, contrarian and disciplined investors who focus on long-term held value stocks. AFM director John Donovan said: "With the Australian dollar so high, it's a great time to invest in US dollar securities." ... |
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