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澳洲新闻 (ABC新闻快递) 2010-08-14

时间:2011-07-30 03:44:10

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The local market has snapped a three-day losing streak1 with both the All Ords and the ASX 200 closing up one and a third per cent. Bargain-hunters stepped in to snap up Telstra shares after it slumped2 to an all-time low of $2.82, helping3 it recover a little from yesterday's 9.5 per cent decline. Qantas also bounced back and Myer added to yesterday’s gains, it's closed up nearly 2 per cent. The miners also rose on stronger metals prices. Rio Tinto put on 2.5 per cent as did Lihir after gold had its biggest one-day rally in more than two months. Higher-than-expected US jobless claims have prompted a surge in safe-haven assets like gold. Asian stocks were fairly mixed today. Japan's Nikkei recovered from early losses to finish up 0.5 per cent. And the Australian dollar strengthened to 90.1 US cents.

As Telstra share price touched record lows today, the telco announced plans to sell its share in the Chinese Internet business SouFun. Two private equity4 firms have agreed to buy whatever shares Telstra is not able to sell through an initial public offering. They've also agreed to buy the holding for 900 million if the float process isn't completed. Their offer is less than analysts5 involved in the float had previously6 flagged, but well above the 280 million Telstra paid for its 51 per cent stake in 2006.


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