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All Ords 5835.50  127.80 (2.24%)
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As at Feb 13, 2015 - 04:41 PM
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Australian Indices

Industrials (XNJ) 4493.10 105.50 2.40%
Materials (XMJ) 9503.70 372.30 4.08%
Financials (XFJ) 6932.70 142.00 2.09%
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Top Market Movers

SGM 11.750 1.130 10.640 %
RIO 63.828 3.890 6.490 %
FMG 2.592 0.140 5.710 %
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AHE, NCM, RIO, SGM, TAH, TTS,

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Top finance news

Newcrest flags Telfer gold mine sale

Newcrest Mining has flagged the potential sale of its Telfer mine in WA, which produces around 25 per cent of the company's gold.

Rio's shares soar on buyback news

Investors sent Rio Tinto's shares to near six-month highs, welcoming news of a share buyback and a 78 per cent rise in annual net profit.

RBA's stability talk to guide expectations

The RBA's repeated talk of a period of interest rate stability was designed to head off expectations of interest rate rises, Glenn Stevens says.

Automotive Holdings profit hits record

Australia's largest car and truck retailer, Automotive Holdings has delivered a record first half profit of $45m, flagging a boost for the sector.

Sims Metals turnaround on track

Scrap metal recycler Sims Metal has lifted half year profit 54 per cent despite weaker metal sales.

Lack of confidence worries RBA

The Reserve Bank's three most senior officials all agree that the unwillingness of business to take risk is the biggest threat to the local economy.

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