Metals give strength to miners.

Australasian Business Intelligence, May, 2005

May 29, 2005 (Herald Sun - ABIX via COMTEX)

The Australian sharemarket posted solid gains on 27 May 2005, with the benchmark S&P/ASX 200 rising 23.2 points to finish at 4,116.4. The broader All Ordinaries Index advanced 23.5 points to close at 4,073.9. The major banks were sold down, with the Commonwealth Bank easing $A0.10 to close at $A37.38 and Westpac falling $A0.08 to $A19.84. Rio Tinto gained $A0.77 to end the session at $A43.12, and Foodland Associated added $A0.40 to finish at $A26.30 in the wake of a takeover deal.

Publication Date: 28 May 2005

STANDARD AND POOR'S AUSTRALIAN STOCK EXCHANGE 

ASX 200 INDEX:

AUSTRALIAN STOCK EXCHANGE ALL ORDINARIES

SHARE PRICE INDEX:

COMMONWEALTH BANK OF AUSTRALIA -...

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.