Caution on US bourse expected to be repeated locally.

Australasian Business Intelligence, June, 2009

Byline: Kaaren Morrissey

Jun 21, 2009 (The Sydney Morning Herald - ABIX via COMTEX) -- The Australian sharemarket is likely to take its lead from a weaker US bourse when trading resumes on 22 June 2009. The S&P 500 and the Nasdaq posted modest gains, but the Dow Jones Industrial Average finished in the red. Shane Oliver of AMP expects more volatility in the local market in coming months due to factors such as am increase in mortgage interest rates and unemployment.

Publication Date: 22 June 2009

 
STANDARD AND POOR'S ASX 200 INDEX 
STANDARD AND POOR'S 500 INDEX 
NASDAQ COMPOSITE INDEX 
DOW JONES INDUSTRIAL AVERAGE INDEX 
AMP LIMITED - ASX AMP 
STANDARD AND POOR'S ASX ALL ORDINARIES INDEX 
UNITED STATES.  FEDERAL RESERVE BOARD 
UNITED STATES....

            
        
    
    	    
                
                
	

		

					 
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