Oxiana/OZ Minerals Encouraging Quarterly
Oxiana says second quarter copper output in Laos fell 19% after a fire at a plant disrupted production.
Oxiana says second quarter copper output in Laos fell 19% after a fire at a plant disrupted production.
Our market is down 46 today not helped by a series of really crappy after hours results on Wall Street overnight. The Dow Futures are currently predicting a 103 point fall in the US tonight, our futures suggested a 32 point fall this morning.
A relief rally if we've ever had one yesterday as virtually anything that had been hammered in the past few weeks by nervy investors, were chased by the same investors now after perceived 'value'.
Inflationary price pressures continue to buffet the broader Australian economy.
After an initial burst of enthusiasm in yesterday's euphoric trading, investors went cool on the 2008 annual results from Goldman Sachs JBWere associate, Djerriwarrh Investments Ltd.
Yet another earnings upgrade statement from Flight Centre.
Every month Merrill Lynch polls big investors around the world to see what they were thinking and posts the results on its US website.