Australian Market Report of July 27, 2010

  Sydney, Australia, July 27, 2010 - (ABN Newswire) - The Australian stocks market on Tuesday extended gains as Dow Jones index hit a two-month high due to strong US new home sales and corporate earnings. Shortly after the opening bell, the S & amp;P/ASX200 Index rose 0.74 per cent, and the broader All Ordinaries Index was up 0.7 per cent.On Tuesday, Housing Industry Association releases its Trades Report for the June quarter.  

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