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Resource Stocks
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Drillsearch Energy : 2013 NPAT Before Abnormals Is $54 Million
Jan 7, 2014One big concern for investors when considering small resource stocks is will the company's talk about future production actually turn into revenue and how long will that take. Approvals and feasibility studies can take years by themselves, ...
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Resource Shakes off Slowdown in Chinese to Help Australian Sharemarket Finish Higher
Jul 25, 2013Resource companies have shaken off a slowdown in Chinese manufacturing to help the Australian sharemarket finish higher. At 4.15pm AEST, the benchmark S&P/ASX200 index was up 18 points, or 0.36 per cent, at 5035.1. The broader All ...
Tags: Chinese Woes
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Wave of Hedge Funds Could Be Set to Short The Currency, Says Charlie Aitken
May 15, 2013High-profile stockbroker Charlie Aitken has weighed into the debate around the Australian dollar, saying that a wave of hedge funds could be set to short the currency and the biggest winners would be industrial stocks, not resources. As ...
Tags: Australian Dollar, Charlie Aitken
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Local Shares Closed Higher as Investors Took Profits Ahead of an Interest Rate Decision
May 7, 2013Local shares closed higher yesterday, even after paring a sharp rise early on in the session, as investors took profits ahead of an interest rate decision due from the Reserve Bank of Australia today. The stockmarket was buoyed by growing ...
Tags: Local shares, US Jobs Growth
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Dollar Is Still Higher After Getting a Boost From Better Us Employment Figures
May 7, 2013The dollar is still higher after getting a boost from better US employment figures, increasing optimism about the America's economic recovery. At 5pm AEST, the local unit was trading at $US1.0272, up from $US1.0254 on Friday. The Aussie ...
Tags: US Unemployment Rate, Service
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Stockmarket Has Opened Slightly Higher
Apr 27, 2013The stockmarket has opened slightly higher, boosted by stronger mining stocks on the back of improved prices for commodities. At 10.31am AEST the benchmark S&P/ASX200 index was up 17.6 points, or 0.34 per cent, at 5120.0 points. The ...
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Sharemarket Was Hammered After Chinese Economic Data Missed Market Expectations
Apr 16, 2013The sharemarket was hammered yesterday after Chinese economic data missed market expectations, adding to pressure from a slump in commodity prices that followed the release of disappointing US retail sales and consumer confidence data on ...
Tags: sharemarket, economy
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$5.07 Billion Price Tag for Nsw Ports Sold Might Are Deal to Get Roll for Deal Junkies
Apr 16, 2013In another time the $5.07 billion price tag for NSW ports sold last Friday might have been the sort of deal to get a roll on for the market's deal junkies. After all, it's not often the market estimates for the price -- $2.5bn to $3bn -- ...
Tags: NSW, market estimates
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Australian Shares Have Opened Slightly Higher, Buoyed by Resource Stocks
Apr 9, 2013AUSTRALIAN shares have opened slightly higher, buoyed by resource stocks . IG Markets Stan Shamu said resource stocks were benefiting from a rise in commodity prices following disappointing US employment data, which had pushed the US ...
