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Market makes a comeback

RESOURCE stocks have made a remarkable recovery in trade this morning following last week’s forgettable downward performance, but an analyst has warned exploration companies without enough cash flow or a big brother will continue to struggle.

Rebecca Lawson
Market makes a comeback

In a “knee-jerk” reaction to the United States Federal Reserve’s lifeline thrown to banks with lending rates cut by 0.5%, US indices rallied on Friday with the Dow Jones up 1.8% to close at 13079.08 points...

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