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Dismal end to the week

OVERSEAS leads were strong, but ongoing concerns about the impact of the proposed resources super-profits tax held local investors at bay today, with resource stocks taking the biggest hit.

Christine Feary

In the United States, the S&P 500 index rose 0.4% while the Dow Jones increased 0.1%. Even European markets caught a break from sovereign debt woes, London’s FTSE 100 rising 1.2%, Germany’s DAX 30 up 1.2%...

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