SYDNEY:'' Australian shares fell 0.5% early on Tuesday and were on course for the fifth straight day of falls as the toll from Japan's devastating earthquake unfolded, raising fears of the impact on industries ranging from insurance to nuclear power, according to Reuters.
The benchmark S&P/ASX 200 index was 21.6 points lower at 4,604.80 at 2344 GMT. ''''
Shares of Australia's uranium miners fell further. Paladin shares were down 4.8 percent in early trade while Energy Resources of Australia, a unit of global miner Rio Tinto fell 2.8%.
Extract Resources, which owns the Husab project, a promising 257-million pound resource that borders Rio Tinto's Rossing mine in the southern African nation of Namibia, dropped 3.9%.
Origin Energy was placed on trading halt. The company launched a $2.3 billion share sale to help pay down debt from its acquisition of two power businesses last year and fund further potential acquisitions. ' Reuters.''''''
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The benchmark S&P/ASX 200 index was 21.6 points lower at 4,604.80 at 2344 GMT. ''''
Shares of Australia's uranium miners fell further. Paladin shares were down 4.8 percent in early trade while Energy Resources of Australia, a unit of global miner Rio Tinto fell 2.8%.
Extract Resources, which owns the Husab project, a promising 257-million pound resource that borders Rio Tinto's Rossing mine in the southern African nation of Namibia, dropped 3.9%.
Origin Energy was placed on trading halt. The company launched a $2.3 billion share sale to help pay down debt from its acquisition of two power businesses last year and fund further potential acquisitions. ' Reuters.''''''
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