Australian Market Report of December 23: Exiting Before Chirstmas

  Sydney, Australia, Dec 23, 2008 - (ABN Newswire) - US stocks closed lower overnight on the slump figures of corporate earnings and retail sales as well as deteriorating US commercial property values. Meanwhile, more bleak news as Toyota's forecast its first ever operating loss and falls in most world markets also weighed on the Wall Street.Yesterday, the Australian shares closed lower as investors were leaving the market before Christmas.  

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