This was on Tradingroom thismorning - how wrong were thay.. lol:
2008-Jan-24 07:04 AM
The Australian share market is expected to open lower on a negative lead from Wall St and weaker commodity prices.
At 0659 AEDT on the Sydney Futures Exchange, the March share price index futures contract was down 67 points at 5,312.
Today, Zinifex Ltd and Newcrest Mining Ltd release second quarter production reports.
Santos Ltd releases its fourth quarter production report.
The Australian share market snapped a 12-session losing streak yesterday in its biggest one-day gain since last August, adding $50.5 billion in value to the bourse.
The benchmark S&P/ASX200 index rose 225.5 points, or 4.35 per cent, to 5412.3, and the broader All Ordinaries jumped 223.6 points, or 4.28 per cent, to 5445.6.
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