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$A closes a cent higher

AAP The Australian dollar closed more than one cent higher as investors sought risk assets after BHP Billiton Ltd announced a new coking coal pricing structure and following better than expected US jobs numbers. At 1700 AEDT, the Australian dollar was $US0.9108/11, up 0.8 per cent from
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ASX | Australian share market | Energy fires up shares

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Commodity gains drive shares, dollar higher

The Australian share market is continuing to gain ground after a positive lead from Wall Street and a rise in commodity prices . The market has also benefited from a $3.3 billion takeover offer for Arrow Energy by Royal Dutch Shell and PetroChina. The All Ordinaries Index was up 1
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Australian share market higher as banks, miners gain

At 12:10 (AEDT), the benchmark S&P/ASX200 index had climbed 25.2 points, or 0.53 per cent, to 4775.7 points, while the broader All Ordinaries index had advanced 24 points, or 0.5 per cent, to 4781.6 points. On the Sydney Futures Exchange, the March share price index contract was 30
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Toyota sales shrug off recall woes

Toyota has overcome a month of negative publicity regarding its recall woes to record increased sales in Australia. The Japanese brand's reputation for quality and reliability appears to be intact despite the company recalling nearly nine million vehicles because of safety concerns that
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Shares open higher ahead of rates decisions

By 10.15am AEDT the benchmark S&P/ASX200 index was up 21.6 points, or 0.47 per cent, at 4659.3 points, while the broader All Ordinaries index added 19.7 points, or 0.42 per cent, to 4670.8. The local market had a marginally higher lead from Wall Street's trading session on Friday
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Australian shares likely to open higher

AAP Australian shares are likely to open moderately higher on Monday after a better-than-expected February reporting season and as Wall Street and world markets edged up on Friday. However, investors will be cautious as the Reserve Bank of Australia (RBA) is widely tipped to lift the
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Stocks set to open higher led by Wall St

AAP Australian shares are likely to open moderately higher on Monday after a better-than-expected February reporting season and as Wall Street and world markets edged up on Friday. However, investors will be cautious as the Reserve Bank of Australia (RBA) is widely tipped to lift the
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Market opens higher after Bernanke says US rates to stay low

By 10.15am AEDT, the benchmark S&P/ASX200 index was up 28.8 points, or 0.62 per cent, at 4677.3 points, while the broader All Ordinaries index had gained 28.4 points, or 0.61 per cent, at 4694.3. The local share market followed a rebound in major offshore markets after Dr Bernanke
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ASX | Australian Share Market | Stocks open higher

Close Australian stocks closed sharply higher today, powered by banks and resources stocks on fresh economic optimism and upbeat comments from companies reporting results. The benchmark S&P/ASX200 index jumped 82.4 points, or 1.8 per cent, at 4717.5, while the broader All Ordinaries
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ASX | Australian Share Market | Stocks open higher

Australian stocks are trading sharply higher, powered by banks and resources stocks on fresh economic optimism and upbeat comments from companies reporting results. Around midday, the benchmark S&P/ASX200 index was up 75.7 points, or 1.6 per cent, at 4710.8, while the broader All
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Market recovery helps the ASX to a 7.9% rise in cash earnings

THE Australian Securities Exchange has warned that stockbrokers face a costly ''technological arms race'' that could put some smaller players out of business if rival exchange operators gain approval to enter the local market. The comments by the chief executive, Robert Elstone, come as
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Local market set to follow Wall St gains

Wall Street has extended the previous session's strong rally after solid US housing and industrial production data. The Dow Jones Industrial Average has closed 40 points higher at 10,309. The local market is also poised to open higher - in futures trade the Share Price

Shares open lower led by Wall St

At 10.15am AEDT, the benchmark S&P/ASX200 index was down 19.7 points, or 0.43 per cent, at 4542.4 points, while the broader All Ordinaries index had dropped 18.3 points, or 0.4 per cent, to 4570.5 points. BHP Billiton was down 21 cents, or 0.51 per cent at $40.61, while Rio Tinto
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Banks in for one last slice of guarantee

LAST week's decision by the federal government to put a deadline on the removal of the wholesale funding guarantee as expected sparked a rush of issues by smaller lenders. Arab Bank Australia Limited raised $150 million selling three-year bonds, backed by the government guarantee. ME Bank
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Venezuela Bolivar Jumps Most in Month on Auction Speculation

By Daniel Cancel The bolivar surged 4 percent, the most since Jan. 14, to 6.25 per dollar from 6.5 yesterday, traders said . Venezuelan individuals and companies turn to the parallel market when they can’t get government approval to buy dollars at official rates. The central ba
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Shares open higher, led by resources

At 10.15am AEDT, the benchmark S&P/ASX200 index was up 37 points, or 0.81 per cent, at 4591.3 points, while the broader All Ordinaries index had lifted 38.9 points, or 0.85 per cent, to 4614 points. Mining and energy stocks were higher in early trade, outperforming the broader
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ACCC kink in Link"s share registry plans

A PRE-EMPTIVE strike by competition chief Graeme Samuel has put a potential kink in the $2-billion-plus float plans for share registry group Link Market Services, and the profit ambitions of stockbroker Austock. The Australian Competition and Consumer Commission has given a clear
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Watchdog set to oppose share registry buy-out

A PRE-EMPTIVE strike by the competition watchdog has put a potential kink in the $2 billion float plans for the share registry group Link Market Services and the profit ambitions of its stockbroker, Austock. The Australian Competition and Consumer Commission indicated it planned to
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Drowning or waving? Reading the sharemarket turmoil

The closing of the local market a handful of points higher yesterday (it was up 7.3 points at 4521.4) brought the Australian Securities Exchange's benchmark S&P/ASX 200 Index back to almost exactly where it was a week earlier. In between times, billions of dollars were made and lost on
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