Business Services Industry

Property, retailers rally.

Australasian Business Intelligence, August, 2005

Byline: Chris Jones

Aug 02, 2005 (The Courier-Mail - ABIX via COMTEX) -- The Australian sharemarket posted modest gains on 2 August 2005, with the S&P/ASX 200 rising 7.4 points, to 4,385.4. The broader All Ordinaries Index advanced 5.8 points to finish at 4,343.4. Property and retail stocks benefited from the New South Wales Government's move to scrap its property vendor tax, with Westfield adding $A0.32 to be $A18.29 at the close of trade. Rio Tinto

eased $A0.13 to $A49.17 and Peplin was up $A0.02 at $A0.37. Suncorp-Metway was $A0.02 lower at $A20.22.

Publication Date: 3 August 2005

 
STANDARD AND POOR'S AUSTRALIAN STOCK EXCHANGE 
       ASX 200 INDEX: 
AUSTRALIAN STOCK...

            
        
    
    	    
                
                
	
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