Australian Market Report of August 27: Weak Response to the Strong Data

  Sydney, Australia, Aug 27, 2009 - (ABN Newswire) - US stocks closed nearly unchanged Wednesday despite a stronger than expected increase of new home sales and a jump in durable goods orders. The market responded to the positive data with a shrug, as investors remained cautious and took their profits after rallies.The Australian share market posted a solid gain yesterday, led by property companies.  

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