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Home / Business / Companies / Banking and finance

Aust stocks claw back lost ground

30 Aug, 2007 06:45 AM2 mins to read

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KEY POINTS:



S&P/ASX200 +34.7 6135.0 Dow Jones +247.44 13289.29

All Ords +36.6 6138.0 S&P 500 +31.40 1463.76

SPI contract +47.0 6149.0 Nasdaq +62.52 2563.16

Gold US$oz +1.60 665.30 Nikkei +140.99 16153.82

A$/USD +.0072 0.8174 NZSE-50 +23.436 4107.601

SYDNEY, Aug 30 AAP - The Australian sharemarket clawed back some of
yesterday's sharp losses today as strong gains in the resources and energy sectors led the local bourse into positive territory.

"Looking through the sectors energy and resources both did very well and the resources sector is really leading the way again," Austock Securities senior client adviser Michael Heffernan said.

"Even with the banks down, the other big cannon was firing, give me an increase any day."

At the 1615 AEST close, the benchmark S&P/ASX200 index was up 34.7 points, at 6135, while the all ordinaries gained 36.6 points, to 6138.

On the Sydney Futures Exchange, the September share price index contract climbed 47 points to 6149, on a volume of 23,456 contracts, according to preliminary calculations.

BHP Billiton gained 69 cents to close at $37.75 and rival Rio Tinto was up 98 cents at $91.10.

Stock Move Price AMP +0.030 10.300 ANZ Bank - 0.410 28.590 BHPBilton +0.690 37.750 CBA - 0.340 53.860 NAB - 0.240 39.050 NewsCorp +0.190 26.490 Rio Tinto +0.980 91.100 TelstraCp +0.030 4.330 WestpacBk +0.130 26.630 Woolwrths +0.630 29.180






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