Australian Market Report of June 4, 2010: Vale (NYSE:VALE) Buys Aquila's (ASX:AQA) Interest in Belvedere Coal Project

  Sydney, Australia, June 4, 2010 - (ABN Newswire) - The Australian share market opened lower on Friday as metals prices fell. Wall Street has provided a flat lead to the local market. Yesterday the Asian markets widely surged as investors were inspired by the US economic data. The Australian stocks snapped a three-day losing streak and posted a strong 2.4 per cent gain at the close. Today the benchmark S & amp;P/ASX200 index shed 0.  

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