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Article: Fed: News not all grim at Sydney's Stock Exchange.
- Article from:
- AAP General News (Australia)
- Article date:
- October 7, 2008
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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AAP General News (Australia)
10-07-2008
Fed: News not all grim at Sydney's Stock Exchange.
SYDNEY, Oct 7 AAP - As world markets dived and the local share market opened more than
three per cent lower, the mood at the Australia Stock Exchange was not all grim today.
Shortly before the market opened at 10am (AEDT), a small crowd had gathered at the
exchange in Bridge Street, Sydney.
With more than 25 years experience in the game, one man who did not want to be named,
was focusing on BHP Billiton shares.
"I'm a buyer. I'm glad to see this happening," he said.
Opening at $29.36, compared with "nearly $50 in May", he did not feel the need to act fast.
"You don't have to be in a rush to ...