Australia Market Report of August 11: Stocks Rally While Dollar Crashes

  Sydney, Australia, Aug 11, 2008 - (ABN Newswire) - In early trade today, the benchmark S & amp;P/ASX200 index had risen as much as 60.8 points, or 1.2%, to 5047.0 with financial stocks leading the way, as the Wall Street lifted more than 302 points on Friday night. Wall Street's rally was a result of a surge in the US dollar and a drop in oil prices, which fell below & #36;US115 a barrel for the first time since May.  

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