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Post by bot on Jan 10, 2013 6:07:27 GMT -5
Australian stocks advance in early trading from MarketWatch.com - MarketPulse SYDNEY (MarketWatch) -- Australian shares advanced on Thursday, with the S&P/ASX 200 index up 0.2% at 4,716.00 in early trading. Telecom giant Telstra Corp. extended January gains to 3.1% with an 0.7% advance on Thursday, while Alumina Ltd. climbed another 2.4% after gaining sharply on Wednesday after partner Alcoa Inc. reported well-received earnings. Energy companies were working to crimp the upside, however, with Beach Energy Ltd. down 0.5% and Woodside Petroleum Ltd. moving down 0.6%.
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