Dexus Property Group
Australian shares posted a strong gain on Wednesday while Wall Street and Asian markets picked up on a brightened outlook and higher commodities prices. The local market was also lifted by a bunch of upbeat profit results. At the close, the benchmark S&P/ASX200 index surged 100.1 points, or 2.2 per cent, at 4667.9, while the broader All Ordinaries index jumped 96 points, or 2.1 per cent, to 4686.8.
Wall Street Monday rebounded from a three-day losing streak as investors were optimistic about the merger and acquisition market after Xerox agreed to buy business services provider Affiliated Computer Services in a US$6.4 billion deal. Analysts' upgrades also boosted Cisco, Citigroup and other firms in both the technology and financial sectors.
On Wednesday, the Australian stock market closed marginally higher as figures showed that economic growth slowed to a crawl in the September quarter. The benchmark S&P/ASX200 index rose 5.6 points, or 0.16 per cent, to 3,533.8, while the broader All Ordinaries added 3.1 points, or 0.09 per cent, to 3,476.5. In recent weeks, the Australian share kept see-sawed during the trading day. In a short term investors remained cautious to any trigger on the market, while the impact for low interest rates and government stimulus may need some time to work.
Db Rreef Trust (ASX: DRT) - 2007 Full Year Results - Mr Victor Hoog Antink, CEO; Db Rreef Trust (ASX: DRT) present the following audio webcast regarding "2007 Full Year Results". You may also download this audio webcast to your computer or portable audio player.