Australia Market Report of September 3: Market Concern On Reserve Bank's Next Rate Cut

  Sydney, Australia, Sept 3, 2008 - (ABN Newswire) - Yesterday, the Australian share market closed slightly weaker despite a cut to official interest rates and a drop in the oil price. The benchmark S & amp;P/ASX200 was down 2.3 points, or 0.04 per cent, to 5,116, while the broader All Ordinaries fell five points, or 0.1 per cent, to 5,195. The Australian stock market may continue the decline today with US equities and commodities down overnight.  

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