Midday Market Roundup 13/11/2008
The market is having another shocker – down 153 or 4% - on the back of heavy falls on Wall Street overnight. Resources are doing most of the damage – down 6.5% overall – BHP down a big 8% and RIO down 4.7%. All the big four banks are struggling as well. Macquarie Group down 7.4%. Asciano which fell 70% on Monday is up 40.9% today.