Australian Market Overview July 6th 2011

  • The share market ended in negative territory after a strong, albeit brief, start to the trading session.
  • The All Ords lost13.5 points on Tuesday. The S&P/ASX 200 weakened 12.6 points.
  • PRY (+$0.04) announced that it has been awarded newcontracts to provide pathology and imaging services to public hospitals following competitive tendering processes.
  • KZL(+$0.00) advised that it has submitted a proposal to Copper Strike (CSE) to acquire CSE's Einasleigh Copper Project inNorth Qld.
  • PNA (-$0.07) reported that further severe rainfall during the past few days in northern Laos caused miningand concentrate production at Phu Kham Operations to be interrupted over the weekend for the second time in aweek.
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