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China Daily | Updated: 2008-11-26 07:59

Oz retailer dips

Harvey Norman Holdings Ltd, Australia's largest furniture and electronics retailer, fell the most in two weeks in Sydney trading after first-quarter earnings dropped 32 percent.

Harvey Norman shares slumped 8.2 percent to A$2.24 at the close of trading in Sydney. They earlier fell as much as 13 percent, the largest intraday fall since October 1987. The benchmark S&P/ASX 200 index rose 5.8 percent.

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