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vesta · 10-27-2008, 05:52 AM

Australia shares fall 1.6 pct on recession gloom
27/10/2008 4:16:35 PM

MELBOURNE, Oct 27 (Reuters) - Australian shares fell 1.6 percent on Monday, extending their losing run to a fourth session, with investors still dogged by fears the global economy is heading into recession.

The benchmark S&P/ASX 200 index (.AXJO

S&P/ASX 20027 October,200827/10/2008 16:45 Sydney, Australia.
Value Change % Change
3809.2 -60.2 -1.6%

Australian indices
International indices
.AXJO , 3809.2, -60.2, -1.6%) was lost 60.2 points to close unofficially at 3,809.2, its lowest close in four years, following a 2.6 percent slide on Friday. ($1=A$1.62) (Reporting by Sonali Paul)
V.

10-27-2008, 05:52 AM	#33
vesta Avalon Senior Member Join Date: Sep 2008 Location: Rural NSW, Australia Posts: 141	Re: Monday Morning Madness in Oz......... Australia shares fall 1.6 pct on recession gloom 27/10/2008 4:16:35 PM MELBOURNE, Oct 27 (Reuters) - Australian shares fell 1.6 percent on Monday, extending their losing run to a fourth session, with investors still dogged by fears the global economy is heading into recession. The benchmark S&P/ASX 200 index (.AXJO S&P/ASX 20027 October,200827/10/2008 16:45 Sydney, Australia. Value Change % Change 3809.2 -60.2 -1.6% Australian indices International indices .AXJO , 3809.2, -60.2, -1.6%) was lost 60.2 points to close unofficially at 3,809.2, its lowest close in four years, following a 2.6 percent slide on Friday. ($1=A$1.62) (Reporting by Sonali Paul) V.