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| | | ... pretty dangerous way to look at things." He said with over 65 per cent of the average Australian equities portfolio in financials and materials, Australians needed to diversify. "Our philosophy would be 'Don't run with the herd'," he said. |
| | | | ... 85.63 points to 5,760.3. TOKYO - The Nikkei average lost ground as a stronger yen continued to plague exporters and financials were hurt by negative sentiment caused by Merrill Lynch and its $US8 billion write-down. The index dropped 74.22 points at ... |
| | | | ... jettisoned 39.45 points to 1,500.63. The Nasdaq Composite Index fell 74.15 points to 2,725.16. LONDON - UK stocks fell as financials were hit by lingering fears about the global credit crunch. The FTSE 100 dropped 81.5 points to 6,527.9 points. FRANKFURT- ... |
| | | | ... this morning following a poor performance on Wall Street as US stocks were hammered by record high oil prices and the financials were hurt after Citigroup revealed a weak earnings report. At 0740 AEST on the Sydney Futures Exchange, the December Share ... |
| | | | ... materials sector is driving the gains today," Ms Saly said. "The banks are also stronger followed on that rate cut: we saw financials do well in the US, although there was a little bit of weakness in some of the investment firms towards the end of trade ... |
| | | | The Australian sharemarket was deep in the red at noon with the financials taking a beating amid renewed debt market concerns. At 1200 AEST, the benchmark S&P/ASX200 index had fallen 75.4 points to 6196 and the All Ordinaries had dropped 73 points to ... |
| | | | ... Nasdaq Composite Index fell 20.52 points to 2,581.66. LONDON - UK stocks fell as embattled lender Northern Rock pulled financials deep into the red for a third session in a row. The FTSE 100 index fell 106.5 points to 6,182.8. PARIS - The CAC-40 index ... |
| | | | ... Brambles and it's waiting for BHP's results, which will be out later today." Klusman said energy stocks and non-bank financials were driving the market. "There are not many drivers in the market today. It's getting a little bit of help from BHP, but ... |
| | | | ... tonight." Russell said that finance stocks were starting to bounce back after an improvement in the US market. "We saw the financials were one of the better performing sectors in the US last night and we are following suit here." US stocks ended mixed ... |
| | | | ... unusual, given it manages only $200 million. Managing director Rob Hopkins said Hokin's experience with diversified financials would strengthen the investment team, noting "We have worked with Andrew previously, so he is a known quantity". In his 13 ... |
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