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IDS World Markets Mon 19th February 07


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t?s=%5EAORD

 

 

It'll be a quiet one in IDS today with the US markets closed. The same can be said for our market so far with All Ords +0.2% and stocks within sectors mixed and muddled. IT is leading, +2.1% and at the other end Telecom is -0.5%.

 

Miners are messing around with no real direction: BHP +0.2%, RIO -0.3% and the golds are similarly mixed.

 

Oils are looking pretty good: Woodside +1.1% and Santos +0.3%.

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w?s=%5EAORD

 

 

The action cranked up in the arvo with buyers appearing out of the woodwork. All Ords closed +0.6% with most sectors showing healthy gains. In the forefront was IT +2.3% followed by Energy +1.3%. The only loser was Healthcare -0.3% and Consumer Discretionary closed flat.

 

In the miners, heavyweights BHP and RIO remained flattish but with the gold price zooming up, the golds attracted some interest. Newcrest closed +0.4% and Lihir +2.4% although Newmont bogged down, +0.5%.

 

Oils had medium gains: Woodside +0.8% and Santos +1%.

 

Not too many of the Asian bourses are open but those that are have small gains.

 

Over to UK/Europe:

 

t?s=%5EFTSE

 

t?s=^GDAXI

 

t?s=^FCHI

 

http://quote.yahoo.com/m2?u

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