Traders say the Australian market is reacting to news that U.S. mortgage provider Freddie Mac will slash its dividend and raise US$6 billion in equity to meet regulatory capital requirements, threatened by the credit crunch.
Traders say the Australian market is reacting to news that U.S....
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Last
8,295.1 |
Change
68.800(0.84%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,226.3 | 8,319.4 | 8,226.3 |
| XJO (ASX) Chart |