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Share market

Share market dives on Wall St plunge

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THE share market has fallen heavily in opening trade, after world markets plunged overnight. At 10.15am AEDT the benchmark S&P/ASX200 index was down 113.8 points, or 2.46 per cent, at 4507.8, while the broader All Ordinaries index fell 117.4 points, or 2.53 per cent, to 4526.7. On
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Dollar up despite cautious mood

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At 5pm (AEDT), the Australian dollar was trading at $US0.8871, up from yesterday's close of $US0.88. From 7am (AEDT), the local unit had traded between $US0.8883 and $US0.8829. 4Cast financial markets economist Michael Turner said the unit was lifted off its intra day lows in line
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$A closes higher as equities lift

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AAP The Australian dollar closed slightly higher on Wednesday, as risk appetite made a cautious come-back after the central bank's shock decision to hold the cash rate steady. At 1700 AEDT, the Australian dollar was trading at $US0.8871/74, up from Tuesday's close of
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