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Article: STOCKS - AUSTRALIAN SHARES LOWER AT NOON - NOV 13, 2009.
- Article from:
- AsiaPulse News
- Article date:
- November 13, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SYDNEY, Nov 13 Asia Pulse - The Australian sharemarket was one per cent lower at noon as resource stocks declined after falls in commodity prices and as investors judge the recent run-up on sharemarkets to have been enough for now.
At 1200 AEDT, the benchmark S&P/ASX200 index was down 51.4 points, or 1.08 per cent, at 4,696.5, while the broader All Ordinaries lost 46.3 points, or 0.97 per cent, to 4,711.9.
On the Sydney Futures Exchange, the December share price index contract was 50 points lower at 4,712 on volume of 12,065 contracts.
Bell Financial Group senior adviser Chris Kimber said BHP Billiton and Tio Tinto had led the market down, on a ...
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