Sharemarket Wrap 17 July 2012
The All Ordinaries Index gained 32.1 points to end the day 0.8% higher at 4,175.3.
Rio Tinto Limited (RIO) ended the day 0.1% lower to close at $54.44 after announcing that its 1H12 iron ore production was 120m tonnes, 4% higher than in 2011.
Bank of Queensland Limited (BOQ) ended the day 2.41% higher to close at $6.81 after announcing that it has received and accepted a revised offer from Goldman Sachs to buy four loans with a face value of $156m from its non-performing commercial property loan portfolio.
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Best performing stocks:
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Perseus Mining Ltd (PRU)
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$2.57
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+5.33%
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Fairfax Media Ltd (FXJ)
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$0.58
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+4.55%
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Lynas Corporation (LYC)
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$0.89
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+4.12%
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Aurora Oil & Gas (AUT)
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$3.42
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+3.01%
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OZ Minerals (OZL)
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$7.72
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+2.93%
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Major stock falls:
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Paladin Energy Ltd (PDN)
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$1.12
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-3.45%
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BlueScope Steel Ltd (BSL)
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$0.29
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-3.39%
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Whitehaven Coal (WHC)
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$3.94
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-3.19%
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David Jones Limited (DJS)
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$2.31
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-2.53%
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Fortescue Metals Grp (FMG)
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$4.54
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-2.16%
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Source: ASX, Lonsec