AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

STOCKS - AUSTRALIAN SHARES END LOWER - JULY 2, 2007.

AsiaPulse News

| July 02, 2007 | COPYRIGHT 2007 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)Copyright

Repeating to correct value of takeover.

SYDNEY, July 2 Asia Pulse - Australian stocks ended lower as choppy commodity prices took a toll on the resources sector, but local retailers gained on the recommendation by Coles' (ASX:CGJ) board of a A$22 billion (US$18.8 billion) takeover offer, dealers said.

The S&P/ASX200 index lost 11.6 points to 6,263.3, while the all ordinaries fell 12 points to 6,298.6.

On the Sydney Futures Exchange, the September share price index contract rose 17 points to 6,294.

ABN Amro Morgans private client adviser Bill Bishop said the local market had fallen after a weak lead from Wall St on Friday and mixed commodity prices.

"It's been a pretty flat day's trading with the market looking to find its feet," Mr Bishop said.

"Certainly, Wall Street wasn't too bad - it was also a bit of a nothing night there too."

Related articles from newspapers, magazines, journals, and more
BreakFree Ltd debuts on ASX at 30 cent premium to issue price.
News wire article from: Asia Africa Intelligence Wire September 13, 2002 700+ words
...holiday and management rights group BreakFree Ltd made its debut on the Australian Stock Exchange this Friday, at $1.30, a 30 cent premium on its $1.00 issue price. The group successfully raised $13.6 million through its oversubscribed initial public...
AUSTRALIA'S NOVA ENERGY DEBUTS ON ASX AT 14 CENT PREMIUM.
News wire article from: AsiaPulse News August 23, 2005 700+ words
...Pulse - Uranium explorer Nova Energy Ltd (ASX:NEL) has debuted on the Australian Stock...price. Nova's shares hit the boards at 54 cents, 14 cents above the public offer price of 40 cents. The company raised A$6.24 million (US...
COZIRON DEBUTS ON ASX AT 17.5% PREMIUM TO 15.4 US CENT OFFER.
News wire article from: AsiaPulse News August 29, 2006 700+ words
...Coziron Resources Ltd (ASX:CZR) has debuted...Exchange at a 17.5 per cent premium to its 20 Australian cent offer price. Coziron...23.5 Australian cents each, raised $A3...trading up 20 per cent at 24 Australian cents. (AAP) 29-08...
The Age: ASX stock up 3 per cent after strong quarter.
News wire article from: Asia Africa Intelligence Wire October 17, 2002 700+ words
...The Age) Byline: Fleur Leyden The Australian Stock Exchange (ASX) has revealed a profit increase of almost 20% for the September...3m, boosted by a 23% increase in options trading volumes. ASX shares closed $A0.37 higher at $A11.57 following the announcement...
ASX POSTS 116.2 PCT JUMP IN ANNUAL NET PROFIT.(Financial report)
News wire article from: AsiaPulse News August 16, 2007 700+ words
...Securities Exchange Ltd (ASX:ASX) today reported an annual...million) - up 116.2 per cent. The company declared a final dividend of 91.5 cents per share, fully franked, up 43.2 per cent. ASX's net profit excluding significant...
ASX REPORTS H1 NET PROFIT OF US$18.99 MLN, UP 11%.
News wire article from: AsiaPulse News February 26, 2003 700+ words
...Humphry said. The ASX today reported...million), up 11 per cent from the prior...dividend of 21.5 cents a share, fully...Humphry said the ASX would continue...a 12.4 per cent rise on the $36...corresponding period. ASX Perpetual Registrars...share were 32.1 cents ...
WRAP - ASX reports unaudited profit of $15.8 mln in Sept qtr.
News wire article from: Asia Africa Intelligence Wire October 16, 2002 700+ words
...excess of $40,000)," ASX said. Daily average option contracts were up 23 per cent to 67,905 compared with...fee per contract," the ASX said. Mr Chatterton said...good buy at the moment. ASX shares closed 37 cents firmer at $11.57...
ASX to simplify listing rules.
News wire article from: Bulletin Wire December 15, 2005 700+ words
...sensible" and would boost the ASX's total revenues by about four per cent per annum. However, the...announced in September 2004. The ASX booked a record $165.5...gain from one-off items. ASX shares closed one cent weaker at $30.57 on Thursday...
ASX battles backwater status.
Newspaper article from: South China Morning Post December 12, 2000 700+ words
...accounting for as much as 45 per cent of the market's capitalisation, the ASX is particularly vulnerable should...lifting the restrictive 5 per cent foreign ownership limit in the ASX as a public company to 15 per cent last month - a move which gives...
ASX says strong Aust economy & earnings attracts overseas buyers.
News wire article from: Asia Africa Intelligence Wire October 29, 2002 700+ words
...margins. In 2001/02 ASX's cost to income ratio was 62 per cent, "well ahead of the pack" compared to 76 per cent on average across all the...advocate Stephen Mayne. ASX shares closed down seven cents at $11.40, in an overall...
For more facts and information, see all results

Source: HighBeam Research, STOCKS - AUSTRALIAN SHARES END LOWER - JULY 2, 2007.

©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA