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Strategies & Market Trends : Australian Shares and ADRs -- Ignore unavailable to you. Want to Upgrade?


To: Paul Corbett who wrote (79)9/12/1998 7:46:00 PM
From: Paul Corbett  Read Replies (1) | Respond to of 96
 
Investors here might start looking at the banks NAB and CBA which were sold down on Friday 11 for no good reason. They trade on dividend yields of 5% which is not bad anyway.These two have very little Asian risk and have simply been sold down as banks are out of favor.

Santos also looks good. Has 5%div yield.

Australian dollar has moved up from 55 to 60 cents which of course follows commodity prices.