AUSTRALIA: Woolworth shares soar but clouds on the horizon
Australia's largest supermarket chain, Woolworths , continues to woo investors with a 5.6% share price rise in the past couple of days on the back of strong sales. Woolworths revealed that sales in the December quarter were up 19.6% and up 13.4% to A$12.75bn (US$6.6bn) for the first six months of the financial year. These figures have maintained Woolworth's position as one of the darlings of the Australian stockmarket, particularly as Woolworth's main rival,
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