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STOCKS - AUSTRALIAN INDEX SOFTER TO NOON - MAY 3, 2004.
BRISBANE, May 3 Asia Pulse - The Australian share market was in negative territory at noon, following the downward trend set in the United States on Friday.
By 1205 AEST, the benchmark S&P/ASX 200 index was down by 21.2 points to 3379.6 and the all ordinaries index was 21.2 points to 3386.5.
On the Sydney Futures Exchange, the June share price index contract was 12 points weaker at 3378 on volume of 5,520 contracts. The contract was at a 1.6 point discount to the underlying index.
Intersuisse equities manager Andrew Sekely said few of the top 20 stocks were looking positive.
"National Australia Bank has gone up just five cents, which is nothing in $30, on the back of the apparent improvement in the situation relating to the ...
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Source: HighBeam Research, STOCKS - AUSTRALIAN INDEX SOFTER TO NOON - MAY 3, 2004.