Australian Market Report of July 30, 2010

  Sydney, Australia, July 30, 2010 - (ABN Newswire) - The Australian sharemarket has opened lower on Friday, led by financials, energy and material sector. Overnight US market ended the choppy session with a loss, as investors seesawed between the disappointing revenue from utilities and consumer companies and a batch of strong earnings reports. In early trade, Australia's benchmark S & amp;P/ASX200 index shed 0.  

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