Commodity Broker News
Japanese Stance Prompts Rethink
Thursday December 19, 1991
Investors baled out of Australia's major resources companies yesterday after an unexpectedly sharp cut in iron prices led to fears the Japanese would also slash prices for coal, the nation's largest export commodity. The contract price reductions agreed to by CRA Ltd's iron producer, HameAll Ords Slip 5.4 Points As Trade Slow To Trickle
Wednesday December 18, 1991
The Australian sharemarket languished in quiet trade yesterday, depressed by an absence of leads, uncertainty over the leadership issue and weaker performances on overseas markets. The all ordinaries index slipped 5.4 points to 1599.7. ``It was a very flat day," one broker said. ``There werDouble Whammy Staggers Stocks
Saturday December 7, 1991
The combined impact of the dumping of the Federal Treasurer, Mr Kerin, and the deteriorating outlook for commodity price recovery sent Australian share prices 1.5 per cent lower yesterday. The all ordinaries index dropped 24.4 points to 1583.8 on $200.6 million worth of trade. Stockbrokers sa