Australian Market Report of July 27: Strong Lead Continues

  Sydney, Australia, July 27, 2009 - (ABN Newswire) - US stocks rose on Friday after Federal Reserve Chairman Ben Bernanke said the central bank is winding down its emergency lending programs established to end the financial crisis.Australian shares Friday closed at an eight-month high fueled by upbeat US earnings reports. The benchmark S & amp;P/ASX200 was up 22.5 points, or 0.6 per cent, at 4086.6. The broader All Ordinaries gained 24.  

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