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Market Update : 
Australians Charge Less on Cards
Author: Darlington Musarurwa
123jump.com
Last Update: 5:00 PM ET March 12 2010

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Australia’s credit card transactions fall 22% to A$17.1 billion in January. ACCC delays ruling on AXA APH bid. Energy World Corporation Limited led gainers in the S&P ASX 200 index with a rise of 10.7%. Cape Lambert Resources sells Lady Annie for A$135 million.

 
CuDeco Limited rose 5.8% to A$4.74 after the mineral explorer said it’s had “wide-ranging” talks with Xiangguang Copper and Sinosteel Group over its Rocklands project.

Fortescue Metals Group Ltd increased 0.4% to A$4.94 and the iron ore miner said that development of second stage Solomon project in Pilbara region of Western Australia may cost $5.7 billion.

Santos Ltd rose 1.3% to A$14.06.

Woodside Petroleum Ltd added 0.3% to A$45.41.




  1  2 More: Australia Market Update Archive

 

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