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WorleyParsons Limited
ASX:WOR ISIN:AU000000WOR2
News
Yesterday the Australian share market closed moderately stronger driven by an improvement in financial stocks. But actually Australia's big four banks have lost almost A$80 billion in share market value since reaching highs late last year. The financial stocks have been hit by specific issues which include fears of bad debts or how much the credit crunch will squeeze banks margins.
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