CAPITAL MARKETS

Rio rebounds in flat market

PROFIT-taking triggered a flat day on the Australian bourse for the bulk of resource stocks while Rio Tinto bucked its recent downward trend.

MiningNews.Net

Rio, which has seen its share price fall from $A105.19 last Thursday to as low as $96.88 this week following concerns it may be paying too much for Alcan, has rebounded today and closed up 40c at $97.50....

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