Referenced Stocks

Australian Stock Market Report – Afternoon 8/15/2012

By International Business Times,  August 15, 2012, 05:39:17 AM EDT

AFTERNOON REPORT
(4.30pm AEST)

The Australian sharemarket eased a touch for the first time this week, with the All Ordinaries Index (XAO) falling 0.2 pct or 10.4 pts to 4307. The mining sector was the biggest drag on trade, with the S&P/ASX 200 Materials index slumping by 1.35 pct or 131.2 pts to 9620.7.

Australia's third largest iron ore producer, Fortescue Metals Group (FMG) fell by 4.55 pct or 20 cents to $4.20, while the smaller Rio Tinto ( RIO ) dropped 2.51 pct or $1.42 to $55.10. The world's biggest mining company, BHP Billiton ( BHP ) fell by 1 pct or 33 cents to $32.62.

Read More on International Business Times




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: BHP, RIO



Latest News Video



Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.43 0.07  0.52%
CSCO $ 24.24 0.35  1.48%
MSFT $ 34.87 0.79  2.32%
F $ 15.08 0.44  3.01%
ARUN $ 13.10 4.51  25.61%
SIRI $ 3.50 0.05  1.45%
GE $ 23.46 0.19  0.82%
S $ 7.32 0.04  0.55%