Australia Market Report of October 29: Relief Period Comes after Rally

  Sydney, Australia, Oct 29, 2008 - (ABN Newswire) - Overnight Wall Street amazingly rocketed nearly 11%, pushing the Dow to its second largest point gain in history amid hopes for a rate cut and easing of the global credit crunch. This morning shortly after open the Australia market has joined the rally with S & amp;P/ASX200 up 4.3%, or 162.7 points, to 3957.3 points.  

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