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The following material is of a general nature only and does not take your personal circumstances into account. You should seek financial advice before making any investment or financial decisions.

Tuesday, November 12, 2013

Australian Business News: 12 November 2013

Market Update: 12 November 2013

Global markets mixed amid low trading volumes on Wall Street
The Dow Jones Industrial Average modestly extended its five-week rally adding 21 points to close at 15,783, a new record high.
The S&P 500 was unchanged closing at 1,771.
The bureau's data show the proportion of first home buyers dipped to 12.5 per cent in September, the lowest level since it started collecting the figures in July 1991 - the previous low was 12.8 per cent in March 2004.
A SURPRISINGLY strong US jobs report continues to weigh on the Australian dollar in the absence of any other significant economic data.
THE Australian market looks set to open higher following gains on international markets as dealers digest positive data from the US and China

Ref: www.abc.net.au and www.news.com.au

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