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FINANCIAL GROUP CALLS FOR AUSTRALIA'S ALL ORDS TO BE ABOLISHED.
Publication: AsiaPulse News Publication Date: 28-JUN-02 |
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COPYRIGHT 2002 Asia Pulse Pty Ltd
SYDNEY, June 28 Asia Pulse - A major financial services group wants to banish the popular All Ordinaries Shareprice Index from public life.
The index is irrelevant to Australian investors and should be replaced with a more meaningful benchmark, according to State Street Global Advisors, Australia, Ltd.
"State Street believes that...
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