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Commodities Markets Update
Australian Index Down 14% from April Peak; Rio Tinto Net Up 30%
Aug 04, 2011 7:32 AM ET
Australian stocks fell to the lowest last seen in July 2009 and dropped 14% from its peak in April. Miners and banks led the decliners for the second week in a row. Rio Tinto said first half net soared 30% and left its outlook for the rest of the year intact. The Australian dollar declined 1.8%. >>
Australian stocks fell to the lowest last seen in July 2009 and dropped 14% from its peak in April. Miners and banks led the decliners for the second week in a row. Rio Tinto said first half net soared 30% and left its outlook for the rest of the year intact. The Australian dollar declined 1.8%. >>
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc