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| | | ... downgrade of growth expectations from the Chinese government which continued to put pressure on resources-linked companies. The metals and minerals sector had fallen 1.21 per cent, while materials stocks were off 0.96 per cent, according to IRESS data. ... |
| | | | ... 4,265, with 6,895 contracts traded. The local market tracked the fall in offshore markets, and also lost ground after base metals prices and the Australian dollar fell in overnight trading, John Curtin, associate director with Patersons Securities, said. ... |
| | | | ... 23.06 points, or 0.75 per cent, to 3,078.3 points. Oil prices closed mixed in offshore markets overnight, while most base metals made gains, including copper, aluminium, nickel and tin. Local investors were reacting to the higher Australian dollar and ... |
| | | | ... miner BHP Billiton was 49.5 cents higher at $35.465, and Rio Tinto was up 83 cents at $65.95. Iron ore miner Fortescue Metals climbed 17 cents to $5.98. Oil and gas producer Santos was up 12 cents at $14.58, and Oil Search firmed three cents to $6.97. ... |
| | | | ... sector at the open, having risen 0.62 per cent according to IRESS data. However, those gains were offset by weakness among metals and minerals stocks (down 0.18 per cent) and in the materials sector (down 0.14 per cent). RBS Morgans Ipswich manager Tony ... |
| | | | ... American Chamber of Commerce in Australia luncheon in Sydney. In Australia, the market on Thursday closed lower after weaker metals prices weighed on mining stocks along with concerns about China's demand for commodities. The benchmark S&P/ASX200 index ... |
| | | | ... cents, or 1.45 per cent, at $35.66 and Rio Tinto had gained $1.43, or 2.22 per cent, at $65.78. Making news, Fortescue Metals Group will raise $US1 billion ($A954.29 million) through a bond issue to fund its major expansion plans. Fortescue shares were ... |
| | | | ... 12,837.33 points. They'd returned to risk assets, giving support to local stocks in most sectors, Mr Chatterton said. Fortescue Metals Group jumped 11 cents, or 2.07 per cent, to $5.42, while market heavyweight BHP Billiton gained 23 cents to $34.28 ... |
| | | | ... Forum. No major equities news is expected. In Australia, the market on Tuesday closed firmly in the red after weaker base metals prices and a downwards revision of China's economic growth target weighed on mining stocks. The benchmark S&P/ASX200 index ... |
| | | | Australian stocks were lower at noon as weakness in the materials and metals and minerals sector dragged the broader market into the red. At 1212 AEDT, the benchmark S&P/ASX200 index was down 41.3 points, or 0.95 per cent, at 4,221.7 points, while the ... |
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