Business Services Industry
Resource shares slide down oil's slippery slope.
Australasian Business Intelligence, September, 2006
Byline: Nina Wan and Matthew Coghlan
Sep 17, 2006 (The Australian Financial Review - ABIX via COMTEX) -- In the week ending 15 September 2006 both the All Ordinaries Index and the S&P/ASX 200 index fell over one per cent. On 15 September the All Ordinaries Index fell 31.8 points to 4,997.2, or 1.3 per cent for the week, and the S&P/ASX 200 index dropped 34 points to 5,036.4, or 1.2 per cent in the week. Among the biggest losers of the week: Bendigo Mining, BHP Billiton, Lihir Gold, Oxiana, Rio Tinto, Santos, Woodside Petroleum and Zinifex. Despite the gloom for mining and resources stocks, actual and rumoured takeover targets performed well in the week, such as Coles Myer, Foster's Group and Vision Systems.
Publication Date: 16 September 2006...
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