Australian Market Report of July 6: Interest Rate Likely on Hold

  Sydney, Australia, July 6, 2009 - (ABN Newswire) - On Friday Asian and European markets fell while Wall Street was closed for public Holiday. The Australian shares closed lower Friday as US shares tumbled on the unfavorable unemployment figures and commodities prices were also lower. The benchmark S & amp;P/ASX200 index lost 49.1 points, or 1.27 per cent, to 3828.2 points, while the broader All Ordinaries index slumped 48.6 points, or 1.  

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