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Saturday, January 1, 2011

Australian Mining Company and Stock Market Report


Australia & P / ASX 200 Index fell 0.4 percent to 4,635.10 at the close of trading in Sydney. New Zealand’s NZX 50 Index gained 0.2 percent to 3,107.09 in Wellington. The following are among the most active shares on the market. Stock symbols in parentheses after company names.
Australia:
Ardent Leisure Group (ADA AU), trust that invests in Australian Leisure and entertainment properties, fell 4.5 percent to $ 1.49 after the stock was downgraded to “hold” from “buy” at Deutsche Bank AG.
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Gold Mining Stock – CANADA STOCKS-TSX ends higher for 3rd day as golds rebound

gold mining stocks CanadaToronto’s main stock index finished moderately higher in volatile trading on Wednesday, thanks to rebounding gold shares and a late afternoon turnaround by financials.The index’s weighty materials sector gained 0.62 percent as gold prices rose on safe-haven buying due to renewed concerns about the fiscal health of Greece. Gold-mining stocks recorded solid gains, reversing Tuesday’s losses, as Barrick Gold Corp (ABX.TO: Quote, Profile, Research), the world’s largest producer, rose 1.18 percent to C$39.49, while Goldcorp Inc (G.TO: Quote, Profile, Research) jumped 1.93 percent to C$39.53. Read more

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