Commodity Broker News
Shares
Tuesday January 20, 1998
SHARES: The Australian share market was encouraged higher yesterday by global financial markets taking a breather from Asian turmoil. The All Ordinaries Index lifted 36.7 points, or 1.4%, to 2650.7. `It's a very strong rally on the back of Wall Street and commodity prices on Friday,' a ReynoldShares Recoup Losses; Miners Miss Out
Wednesday January 14, 1998
Stronger world markets helped shares rebound nearly 1 per cent yesterday as investors bought industrial shares sold off on Monday. The gains pushed the All Ordinaries index up 22.9 points to 2565.3 despite a mixed performance by resource stocks hurt by weaker commodity prices. The All ResourceAsia Casts Long Shadow Over Embattled Resources
Monday January 5, 1998
A savage fall in gold and metals prices will slash the profits of Australia's miners in 1998. KATE ASKEW reports. AUSTRALIA'S resources industry, the nation's big gest contributor to export revenue, is facing its toughest year this decade as earnings come under pressure from lower commodity p