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Market Update : 
Australian Employers Look to Add Staff
Author: Darlington Musarurwa
123jump.com
Last Update: 3:05 PM ET March 09 2010

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Australian benchmark index increased 0.3% after more employers looked to hire add staff in February. Australia’s job advertising increased 19.1% in the month. Business confidence rises in February. The Australian dollar gained against the U.S. dollar on the jobs report.

 
Other Movers

BHP Billiton plc fell 0.2% to A$43.40 a day after it obtained 55% increase in iron ore prices for a shipment for the next three months. Rio Tinto Limited decreased 1.0% to A$76.15.

National Australia Bank Limited rose 2.0% to A$26.87.

Pacific Brands Limited the underwear maker added 4.7% to A$1.23 and SEEK Limited an Internet job-advertisement site increased 1.0% to A$7.55.

Virgin Blue Holdings Limited the airline advanced 5.6% to A$0.74.




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