Business Services Industry
Big miners back in demand.
Australasian Business Intelligence, October, 2006
Byline: Nina Wan
Oct 10, 2006 (The Australian Financial Review - ABIX via COMTEX) -- The Australian sharemarket staged a broad-based rally on 10 October 2006, with the exception of telcos. The benchmark S&P/ASX 200 index finished 49.5 points higher at 5,248.6 and is now fast approaching its May record. The broader All Ordinaries rose by 49 points to end at 5,211.7. Better crude oil and base metals prices attracted investors to resources stocks including BHP Billiton and Rio Tinto. Woodside Petroleum also gained. Other winners on the day were PMP and Brambles. The losers included Santos, Telstra and Woolworths.
Publication Date: 11 October 2006
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