Australian Market Report of February 27: Contrasting Worlds From Announcements

  Sydney, Australia, Feb 27, 2009 - (ABN Newswire) - The US stocks opened firmer Thursday but lose their early gains by midday as investors digested President Barack Obama's budget plan and cooled off their sentiment soon.Yesterday the Australian shares posted a modest gain as the market saw the rising oil prices and increased optimism about the outlook for commercial banks. The benchmark S & amp;P/ASX200 index rose 18 points, or 0.  

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