Programmed Maintenance Services Limited

ASX:PRG ISIN:AU000000PRG2

Provision of commercial painting maintenance services 
 
     

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Australian Market Report of November 25: Slower Pace of US Recovery

🕔11/25/2009 1:00:30 PM 14329

US stocks closed weaker overnight after the US Commerce Department lowered its estimates of third quarter GDP and consumer spending. US economic growth in the third quarter was revised down to 2.8 per cent, down from an early estimate of 3.5 per cent expansion. Investors also worried Chinese banking regulator's capital-adequacy requirements would force the nation's lenders to tighten bank lending in China.

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Australian Market Report of November 21: Below 3000 Points Possible

🕔11/21/2008 1:00:28 PM 9879

On Thursday, the Australian sharemarket closed more than four per cent weaker, dropping almost to five-year lows, with losses in all sectors. The benchmark S&P/ASX200 index was down 146.7 points, or 4.19 per cent, at 3,352.9 while the broader All Ordinaries index had shed 150.6 points, or 4.32 per cent, to 3332.6. Analysts predict the bottom is getting closer and lower than 3000 points is possible as market would be dragged down by the US and growing concerns on recession in Australia.

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Company Data

    Fax
  • (03) 9562 8413 
  • Principal Sector
  • Consumers 
  • Principal Industry
  • Business & Support Services 
  • Listed
  • 1999/10/01 

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