Australian Market Report of December 24: In Pre-Christmas Thin Trade

  Sydney, Australia, Dec 24, 2008 - (ABN Newswire) - Overnight US stocks fell on another round of bleak economic data. Sales of both new and existing homes tumbled in November, and prices continued to fall, as a plunging stock market and a sharply deteriorating economy drove consumers out of the market.Yesterday the Australian market closed slightly lower led by Rio(ASX:RIO) and BHP(ASX:  

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