Construction

Australian Market Report of January 6: On-going Upbeat Sentiment

🕔1/6/2010 9:30:10 AM

Australian market continued its gains on Tuesday as energy stocks had another strong day. The global markets rallied in the first trading day of this year while the upbeat manufacturing data from the United States, China and India boosted investor confidence over a global recovery in 2010. At the close, the benchmark S&P/ASX200 index surged 48 points, or 1 per cent, at 4924.3, while the broader All Ordinaries index increased 49.7 points, or 1 per cent, to 4939.5.

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Asian Markets Overview of December 23

🕔12/23/2009 1:30:16 PM

US stocks ended higher overnight on a bigger-than-expected rise in existing home sales for November. The used-home sales jumped 7.4 per cent, having increased more than double the economists' expectations.

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Australian Market Report of November 12: More Positive Expectations

🕔11/12/2009 1:00:50 PM

Wall Street maintained its positive run on Wednesday session as the Federal Reserve officials tipped that the central bank could keep interest rate at historical low level. The Chinese economic data released yesterday also added confidence to global recovery hopes. European markets also rallied on low interest rate expectations.

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Australian Market Report of October 22: Concerns over Financial Firms' Earnings

🕔10/22/2009 1:00:51 PM

US shares fell overnight led by Wells Fargo. A late sell-off in financial stocks was triggered after an analyst cut his investment rating on the company, saying the quality of its earnings was pretty poor. The Federal Reserve's latest beige book, showing weak consumer spending during late summer, also weighed down the market.

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Australian Market Report of October 13: US Investors Confident about Earnings

🕔10/13/2009 1:00:02 PM

Dow Jones Industrial Average edged higher overnight towards the 10,000 points psychological level, helped by a market confidence on corporate earnings of blue chip companies. Energy stocks were also up on the back of a jump in crude oil prices.

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Laurie Voyer appointed Managing Director of the Al Habtoor Leighton Group (ASX:LEI)

🕔10/6/2009 8:51:21 PM

Mr Riad T. Al Sadik, Chairman of the Al Habtoor Leighton Group (HLG), announced that Mr Laurie Voyer has been appointed as the new Managing Director of the Group.

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Australian Market Report of September 15: Wall Street Resumed Gains

🕔9/15/2009 1:00:52 PM

Wall Street closed higher overnight on investors' buying in industrial and materials stocks. Meanwhile, the fears of trade dispute between the US and China was offset by the news that a Chinese wealth fund is in talks to take over a minority stake in the US power plant AES.

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