Rural Press
Market analyst UBS has provided guidance as to Australian newsprint paper prices. The analyst predict that FY08 newsprint prices are likely to be down. The pricing period for FY08 Australian newsprint has started. Recent weakness in the US dollar price and Australian dollar strength could mean that Aussie dollar contracted price actually declines - markedly at odds with our previous assumption of a further 7% hike.
Rural Press (RUP) was the best performing company listed on the Australian Stock Exchange (ASX) this week (Winner of the week for week 49 of 2006). The Rural Press share price closed the week 14 percent higher after Fairfax (FXJ) announced its friendly takeover of Rural Press, creating one of the largest digital and print businesses in Australia worth about $9 billion.
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Top 150 Public Companies Listed on the Australian Stockmarket as at 29/05/2009
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- Westpac Banking Corporation (WBC)
- Commonwealth Bank of Australia (CBA)
- National Australia Bank (NAB)
- Telstra (TLS)
- ANZ
- News Corporation (NWS)
- Woolworths Limited(WOW)
- Woodside Petroleum Limited (WPL)
- Rio Tinto
- Westfield Group (WDC)
- Westfarmers Limited (WES)
- QBE Insurance
- CSL
- Newcrest Mining Limited (NCM)
- Origin Energy Limited (ORG)
- Santos Limited (STO)
- AMP Limited (AMP)
- Macquarie Group (MQG)
- Foster’s Group Limited (FGL)
