Share Market Ends day Slightly Higher

Shares ended firmer today, to overcome weak start to finish marginally higher on the day of peace, when market players remained mostly within the framework.

At 4.15pm (AEST), the benchmark S & P/ASX200 index was up 13.6 points, or 0,31 percent, at 4409.9 points, while the broader All Ordinaries index had risen 15 points, or 0,34 percent, to 4429.5 points.

Sydney on the future of Exchange, the September future contract was 11 points higher at 4395 points in the circulation of 16.766 contracts.

Market opened weaker 0.1 percent, defying a positive finish on Wall Street and strong product prices during the weekend offshore trading.

But by noon the numbers turned to red with green, led by rallies in big miners, gold stocks, and consumer voluntary sector.


By the end, almost seven stocks rose for every five that fell on one day anemic volume and low turnover.
Burrell Stockbroking director Richard herring market was said to extend very far from any demonstrations given uncertainty about the global economic recovery.

"I can certainly understand the hesitancy, it is a difficult outlook,''said Mr. herring.

"The seas are anything but quiet and go forward.

"As the global economic recovery, is trying to collect a few feet and building a case to build momentum, we really need the U.S. to continue to keep adding little bricks to the wall.''

The biggest mover in S & P/ASX50 was Monday, explosives and chemicals group Orica, which ended down 5.61 percent, or $ 1.44, at $ 24.24.

Orica was down more than eight per cent in morning trading but recovered after the listing of one of his former business, DuluxGroup.

DuluxGroup, some paints, Adhesives and garden products supplier Orica was hived off as part of a demerger, the court has received approval last Friday.

Duluxgroup debuted on the ASX at 11.00am at $ 2.50 share and hit a high of $ 2.78 soon after, but slid lower at noon and finished at $ 2.54.

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