Singapore Investors

Singapore Investors:

This report is distributed in Singapore by Commonwealth Bank of Australia, Singapore Branch (company number F03137W) and is made available only for persons who are Accredited Investors as defined in the Singapore Securities and Futures Act and the Financial Advisers Act. It has not been prepared for, and must not be distributed to or replicated in any form, to anyone who is not an Accredited Investor.

10 October 2008 - AEST 8.30am - In the US, stocks gave up early gains with credit markets continuing to be the major concern - The Aussie dollar rose sharply throughout the European session before ending weaker - Crude oil prices eased again on Thursday - The concerns over a global slowdown continued to weigh on prices, with the front month contract hitting a 11 month low - China is expected to halt auto fuel imports for the second month in a row - The October Nymex crude quote fell by US$2.36 or 2.7pct to US$86.59 a barrel - Base metal prices rallied on the LME following a week of sharp falls. Zinc gained 4.7pct with Lead up 6.2pct - The price of gold reversed previous gains as investors opted for cash.

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