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Australian stocks turn lower, with resource shares weak

2015-07-04 01:48:10| Energy - Topix.net

Resource names fell broadly, tripping over weaker commodity prices, including a significant pullback for iron ore . Likewise, with Nymex and Brent crude-oil futures both in retreat during early Sydney trade, Oil Search Ltd. sat little changed, possibly buoyed by Credit Suisse's upgrade of its shares to outperform from neutral.

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