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STOCKS - AUSTRALIAN SHARES LOWER TO NOON - DEC 3, 2007.
SYDNEY, Dec 3 Asia Pulse - The Australian sharemarket dipped into the red at noon after spending all morning in positive territory, as a mixed lead from New York and firmer base metals were not enough to boost the market.
At 1215 AEDT, the benchmark S&P/ASX200 index was 10.6 points lower, at 6522.5, while the All Ordinaries had lost 5.2 points to 6588.4.
On the Sydney Futures Exchange, the December share price index had dropped 19 points to 6549 on a volume of 10,235 contracts.
ABN Amro Morgans broker Simon Ferguson said the markets had opened on a strong note but had recoiled during morning trade.
"We had a fairly solid lead form Wall St, but we did finish off the week last week with a bang," he said.
"Really, there have not been a huge number of leads, again, the banks opened up strongly but have drifted back.
"NAB has ...
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