Australian Market Report of February 2: China's Further Tightening Possible

  Sydney, Australia, Feb 2, 2010 - (ABN Newswire) - The Australian sharemarket extended last week's losing streak as latest report of China's growing manufacturing activity raised fears on a new round of credit tightening by the Chinese government. The S & amp;P/ASX200 fell 45.5 points, or 1 per cent, to 4524.1, while the broader All Ordinaries index today lost 52.1 points, or 1.1 per cent, at 4544.8.  

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