Business Services Industry

Coles bid can't quite do the trick.

Australasian Business Intelligence, July, 2007

Byline: Peter Wells

Jul 02, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The Australian sharemarket lost ground on 2 July 2007, with the S&P/ASX 200 falling 11.6 points to 6,263.3. The All Ordinaries Index retreated 12 points to close at 6,298.6. Retail stocks received strong support in the wake of Wesfarmers' increased offer for Coles Group. Woolworths added $A0.35 to finish at $A27.35 and JB Hi-Fi was up $A0.28 at a new high of $A11.10. Rio Tinto eased $A0.79 to close at an even $A98 and Caltex Australia advanced $A0.43 to $A24.10.

Publication Date: 3 July 2007

STANDARD AND POOR'S ASX 200 INDEX

STANDARD AND POOR'S ASX ALL ORDINARIES INDEX

WESFARMERS LIMITED - ASX WES

COLES GROUP LIMITED - ASX CGJ...

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