Commodity Broker News
Fading Miners Rattle Traders
Thursday December 24, 1998
Banks and resources forced the sharemarket down yesterday, as lower commodity prices and a falling Hong Kong market dominated sentiment. The All Ordinaries index lost an early rise to close down 4.8 points at 2755, led lower by falls in the futures market. The Share Price Index fell four to 2Mining Stocks Take Dive
Tuesday December 15, 1998
A slide in commodity prices and a wave of negative sentiment washing in from the United States caused a rout on the market yesterday, with the All Ordinaries Index dropping nearly 2 per cent. Resources were the worst hit, with all major sectors giving up recent gains, including the ASX DiversifieBullish By The Sector
Wednesday December 9, 1998
It was a tale of two stockmarkets yesterday, with banks, telecommunication companies and blue-chip favorites gaining while resource and mineral stocks continued to be hammered by sliding commodity prices and the Asian economic crisis. ``We are very much seeing a strong bull market in particular Companies With Us Exposure In Box Seat
Wednesday December 9, 1998
Companies with significant operations in the United States will benefit from another fall in the dollar over the next couple of months, according to broking firm Warburg Dillon Read. The broker is predicting that the recent recovery by the dollar will be short-lived and that it will fall below US