Business Services Industry
Falling resources giants take toll.
Australasian Business Intelligence, July, 2007
Byline: Peter Wells
Jul 16, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The Australian sharemarket lost ground on 16 July 2007, with the S&P/ASX 200 falling 8.6 points to 6,380.8. The All Ordinaries Index retreated seven points to close at 6,418.4. The key resources stocks were sold down, with Rio Tinto sliding $A4.21 to finish at $A97.10 and BHP Billiton easing $A0.96 to $A38.20. However, other resources groups received strong support, with Compass Resources up $A0.52 at $A5.40 and Consolidated Minerals adding $A0.19 to close at $A3.45.
Publication Date: 17 July 2007
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