Australian Market Report of June 16, 2010: Guinness Peat Group (ASX:GPG) to Demerge Its Australia Business

  Sydney, Australia, June 16, 2010 - (ABN Newswire) - The Australian share market delivered a strong opening on Wednesday as Wall Street's rally overnight boosted confidence in local market. S & amp;P/ASX200 index rose 1.4 per cent in early trade, driven by resources, industrial and financial stocks. The Australian shares yesterday closed slightly lower with light volumes while Asia markets were mostly flat.  

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