Thursday, November 06, 2008

Aussie stock in the red


Australian share market is reportedly remained in the red at noon, pulled down by some mining companies.


On the Sydney Futures Exchange, the December share price index futures contract was 154 points lower at 4,211 on a volume of 16,525 contracts.

CommSec market analyst Elvina Simpson said stocks were being heavily sold off in every sector, giving up gains yesterday as investors took profits, bringing the recent rally to an end.

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