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Essay

Australian Stock Market Performance

Essay specific features

 

Issue:

Business

 

Written by:

Jody J

 

Date added:

February 1, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 469

 

Was viewed:

8917 times

 

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Essay content:

The index inched up 0.2 percent on the week. "I suspect the market was driven (lower) by investor fatigue and profit taking in the resources sector today as investors reacted to continuing hefty falls for uranium prices overnight," said Guy Hutchings, chief investment officer at MFS Investment Management Ltd...
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There's also lots of liquidity in the global financial system that is looking for a home," he said. The world's top miners led losses in Australia after signs of oversupply in Korea sent copper prices tumbling on Thursday BHP Billiton Ltd. lost 2.5 percent to A$30.71 while Fortescue Metals Group...
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