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SYDNEY Women's Air Max 90 Zoom IT Golf Black White Infrared , 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 Women's Air Max 90 Woven Light Pink UK ,766.00 points, while the broader all ordinaries index rose 5.90 points, or 0.10 percent, at 5 Women's Air Max 90 Premium SE Pink White UK ,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 Nike Air Max 90 Ultra 2.0 Essential Triple Black UK , 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 Women's Nike Air Max 90 Ultra 2.0 Essential Triple White UK , 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", according to Spooner,
"Mining and material stocks are the notable exception Nike Air Max 90 Mesh Triple Black UK Sale , 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 Cheap Nike Air Max 90 Mesh Triple White UK , 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 Men's Air Max Plus TN Ultra Black White UK , Rio Tinto plummeted 3.69 percent, Fortescue Metals fell 2.39 percent, 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 Women's Air Max Plus TN Ultra All White UK , 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.
China launches space telescope to search for black holes, pulsars
Visitors watch creations at BRICS Media Joint Photography Exhibition
Chinese enterprises donate learning materials to Kenyan slum school
Handicrafts made in east China's Shandong
China successfully tests near-space flight of largest solar drone
Ancient tombs excavated in N China
Aerial view shows scenery in Hong Kong
Waxberry planting, fruit picking tours boost economy in China's Zhejiang
HO CHI MINH CITY, Feb. 3 (Xinhua) -- With strong men and women players, China is the favorite at the Badminton Asia Mixed Team Championships slated for Feb. 14-19 in Vietnam's Ho Chi Minh City, local media reported on Friday.
Members of the Chinese team include Zheng SiweiChen Qingchen (ranked the first in the world for mixed doubles), Shi Yuqi (ranked the 11th for men's singles), He Bingjiao (ranked 10th for women's singles) and Zhang Nan (one of the duo that won a 2016 Olympic gold medal in the men's doubles event). The names were reported by daily newspaper Tuoi Tre (Youth).
China's Hong Kong has also sent its most prominent players to Vietnam, including Ng Ka Long (ranked the eight for men's singles), Hu Yun (14th for men's singles), Wong Wing Ki (the 17th for men's singles), Cheung Ngan Yi (17th for women's singles), and Lee Chun Hei ReginaldChau Hoi Wah (13th for mixed doubles).
Despite fielding its most outstanding players, including Nguyen Tien Minh (42nd for men's singles), Vu Thi Trang (38th for women's singles), and Nguyen Thi Sen (61st for women's doubles along with Vu Thi Trang), Vietnam will likely find it hard to pass the tournament's qualifying round.
Vietnam is in Group C along with Japan, Thailand and the Philippines. "We will try to have at least one victory before the Philippines," said Vietnamese head coach Nguyen The Huy.
Group A consists of China, China's Hong Kong and Chinese Taipei; Group B is comprised of Malaysia, Indonesia and Sri Lanka; and Group D includes South Korea, India and Singapore.
WINDHOEK, May 23 (Xinhua) -- Namibia will for the first time host the 2016 Hunting Rifle Shooting World Championships from June 5-10 at the Heja Lodge near the capital, Windhoek.
The purpose of Hunting Rifle Shooting is to test and promote a hunter's abilities, to judge distance, knowledge of the bullet's external ballistics, judging wind strength and the influence of the wind on the bullet's path, ability to shoot from various positions and also shooting in a limited time frame.
"It is a shooting contest of variable and non-standard format that examines practical marksmanship as it occurs in the hunting field," said Dirk Nesenberend, Chairperson of the Namibian Hunting Rifle Shooting Association.
Nesenberend said that the association has received 92 entries from the countries and regions including Sweden, Australia, Denmark, Germany, Namibia and South Africa and the number of entries are capped at 150 participants.
"We are very proud to host the second World Championships in Namibia. With Hunting Rifle Shooting being such a young but fast-growing sport, we feel the World Championships present an ideal opportunity to further promote it locally, but also create international awareness about the sport," he sa.
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