SYDNEY Josh Norman Redskin Jersey , June 16 (Xinhua) -- The Australian share market opened flat on Friday as losses in the major stocks offset the gains made across the rest of the index.
At 1010 local time AEST, the S&PASX200 index was up 2.80 points, or 0.05 percent, at 5,766.00 points, while the broader all ordinaries index rose 5.90 points Trent Williams Redskin Jersey , or 0.10 percent, at 5,766.00 points.
The Australian market is generally performing well, according to Ric Spooner, CMC Markets chief market analyst who told Xinhua that this was despite some losses in the U.S. bourse.
"Essentially it's a bit of mean reversion, we've had a very volatile week in the Australian market Adrian Peterson Redskin Jersey , and some really urgent buying on Tuesday and Wednesday, as well as heavy selling on Thursday," Spooner said.
"Today, even though the U.S. markets are a bit weaker, we are seeing the bargain hunters creep back into the market, based on the fact that things have settled down a bit."
Mining and materials stocks continued to be a drag on the index as investors remain "unconvinced" Alex Smith Redskin Jersey , according to Spooner,
"Mining and material stocks are the notable exception, that's despite the firmness in the iron ore price yesterday," Spooner said.
The market expert said investors would get "real comfort", if iron ore prices showed more concrete signs of consolidating.
The major banks took a large hit as confusion and concern about 1 billion dollars bank levy introduced by the Australian government ensues. Senior executives from major Australian banking associations spoke out on Friday, saying the government tax on banks disadvantages local financial institutions.
"Decisions have been made in a very short period of time Troy Apke Redskin Jersey , without due consideration about how that might affect other parts of the banks involved," Australian Bankers Association chief executive Anna Bligh said on Friday during a hearing.
The Commonwealth Bank fell 0.73 percent, Westpac lost 2.65 percent, ANZ was down 2.17 percent and National Australia Bank dropped 2.09 percent.
BHP lost 2.08 percent, Rio Tinto plummeted 3.69 percent, Fortescue Metals fell 2.39 percent Geron Christian Redskin Jersey , while Newcrest Mining dropped 1.79 percent.
Oil Search was down 2.04 percent, Santos plummeted 4.70 percent and Woodside Petroleum lost 1.74 percent.
Wesfarmers was up 0.27 percent and Woolworths slid 0.27 percent.
Qantas was down 0.55 percent, CSL dropped 1.82 percent and Telstra rose 0.23 percent.
The Australian dollar was currently buying 75.87 U.S. cents, while crude oil was trading at 44.37 U.S. dollars per barrel.
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After only a few weeks of travel Derrius Guice Redskin Jersey , you’ll know exactly what you need to pack and what you don’t.
Hotel Living
(Yeah, we know. Your situation is different. You’ll handle it like grownups. We’d like to believe this, but in our experience it rarely works out that way. Even so, this is still good advice for everyone else.)
Married With Children
Life on the road is harder for those who have a family at home. You miss them and you feel guilty about leaving them behind, and even more guilty when you’re having fun without them.
The same tourist attractions that enliven a single person’s travel can make you miss your family even more. You find yourself thinking, “The kids would love this Da'Ron Payne Redskin Jersey ,” or “Niagara Falls by myself? I don’t think so!”
Here are some tips for making travel easier when you miss your family:
Write long letters saying all the stuff you would have said if you were at home. Buy a fax machine for the house so you can send them before you go to bed and the family can read them with breakfast. (We know. Email works just as well. Except it doesn’t. Handwritten letters mean more. They just do.)
Give the hotel’s fax number to your family or set up a personal e-fax number. Encourage letters from home. Also drawings and report cards and anything else that will make you feel closer. Almost all children could benefit from the occasional writing exercise, and most of them already know how to operate a computer.
Buy a small digital camera or use your cell phone to take pictures and make a “Day in the Life” slide show for the kids. Take pictures of your day from the time you wake up to the time you prepare for bed – pictures of your hotel room, your breakfast plate, your cubicle and co-workers, the bookstore you stop at after work, the restaurants you like – everything! (Trust us Sean Taylor Youth Jersey , they’ll love it.)
Driving in Strange (translation: “New To You”) Places
Weather conditions and driver courtesy rules vary from city to city. In some cities, driving is a brutal competition, and it’s considered rude or suicidal to slow down for a yellow light. Someone will honk at you or run into you. In others, you’ll get dirty looks if you don’t yield and let a waiting car merge in front of you. On most country roads, failure to wave at passing drivers marks you as an outsider.
No matter where you are, these tips will help lessen the impact of driving during your travels:
Get a map when you arrive. If you know where you are going Samaje Perine Youth Jersey , you are much less likely to end up in the wrong place.