Commodity Brokers News

Wall St Hits Record

Sunday November 24, 1996
THE dollar soared almost half a cent and sharemarkets rallied around the world but brokers warned Australian shares would lag behind tomorrow. London jumped 65 points followed by a 53-point gain to a record on Wall Street on hopes of strong, non-inflationary economic growth. The dollar closed

All Ords Singing The Wall St Blues

Wednesday November 20, 1996
Commodity price falls and a drop on Wall Street for the first time in 10 days were enough to unnerve investors on the sharemarket yesterday. The All Ordinaries index closed on its lows, down 17.8 points at 2366 after sliding for most of the day amid a distinct lack of buying. The market had op

Shares Down After A Day On The Skids

Wednesday November 20, 1996
Commodity price falls and a drop on Wall Street for the first time in 10 days were enough to unnerve investors on the sharemarket yesterday. The All Ordinaries Index closed on its lows, down 17.8 points at 2366 after sliding for most of the day amid a distinct lack of buying. The market had op

Investors Sell Wmc On Profit Revisions

Tuesday November 12, 1996
WMC shares have been dumped by investors after analysts across the board downgraded their 1997 net profit forecasts from beyond $500 million to as low as $250 million because of rising concern that commodity prices will be flat over the next two years. The concern has seen more than $1.7 billion

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