Australian Market Report of May 20: Ignoring Weak Lead From The US

  Sydney, Australia, May 20, 2009 - (ABN Newswire) - US stocks fell overnight in a choppy trade on the disappointing housing data. The new government data showed the number of construction permits on new US homes falling 3.3 per cent, while housing starts plunged 12.8 per cent from March.The Australian share market yesterday ended stronger despite the negative lead from Wall Street. The benchmark S & amp;P/ASX200 was up 81.7 points, or 2.  

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