Australia Market Report of August 22: Commodity Boom Not Over?

  Sydney, Australia, Aug 22, 2008 - (ABN Newswire) - Yesterday, the Australian share market closed lower after falls from the financial sector, with Babcock & amp; Brown (ASX:BNB) suffering a heavy loss amid a drop in interim profit. Analysts said that some of the reports out yesterday were slightly negative, despite some coming out with higher profit the forward earnings would be under pressure.The benchmark S & amp;P/ASX200 index was down 54.  

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