Australian Market Report of January 13: Prepared for Dismal Earnings

  Sydney, Australia, Jan 13, 2009 - (ABN Newswire) - Wall Street fell overnight as investors expected a bleak start of the reporting season, which will show the impact of deepening economic crisis on companies. Yesterday the Australian shares closed lower. The benchmark S & amp;P/ASX200 index ended 52.4 points, or 1.4%, lower at 3683.3, while the broader All Ordinaries shed 56.4 points, or 1.53%, to 3624.0.  

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