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Banks lead stocks lower at noon
27-August-08 Written by AAP The Australian share market was marginally lower at noon following a weakening of financial stocks. At 1200 AEST the benchmark S&P/ASX200 was 8.8 points, or 0.18 per cent lower at 4998.7, while the broader All Ordinaries had dropped 6.2 points, or 0.13 per cent to 5076.1. On the Sydney Futures Exchange, the September share price index contract was one point lower at 4985 on a volume of 13,982 contracts. ABN Amro director of equities Bill Chatterton said as the reporting season was coming to an end, there was not one significant driver for local equities in morning trade. Article continues... Welcome to the new WA Business News website. We invite you to explore our new site, with its added features and tools. The search capabilities of archives has been upgraded and expanded, includes 17,546 Western Australian business articles totalling 6,497,223 words. Subscribers to the WA Business News are able to access articles as part of their subscription. If you are not a subscriber you can subscribe online now or you can purchase credits to view the articles. Alternatively you can also request an 8 week free trial of our paper (Note: the 8 week trial does not include website access). If you are a subscriber or have previously registered with the website and don't know your login details please contact us on +61 8 9288 2100. If you are unsure of your login password please complete the forgot password form Kind regards Harry Kleyn - Publisher |
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