Shares bounce off lows.(Brief Article)

Australasian Business Intelligence, April, 2005 by Morrissey, Kaaren

Apr 21, 2005 (The Courier-Mail - ABIX via COMTEX)

The Australian sharemarket lost ground on 21 April 2005, with the benchmark S&P/ASX 200 easing 8.6 points, to close at 4,014. The broader All Ordinaries Index fell 13.2 points to finish at 3,988.7. Market turnover for the day totalled $A3.21bn, with over 939 million shares changing hands. The Commonwealth Bank gained $A0.20 to close at $A35.74, Rio Tinto eased $A0.22 to $A43.60 and Telstra was down $A0.05 at $A4.89. Stuart Smith of Bell Potter notes that the market was bolstered by positive comments by the Reserve Bank on Australia's terms of trade.

Publication Date: 22 April 2005

STANDARD AND POOR'S AUSTRALIAN STOCK 

EXCHANGE ASX 200 INDEX:

AUSTRALIAN STOCK EXCHANGE ALL...

Read the rest of this article with a Free Trial at HighBeam Research.

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works.