David Jones Limited

Buchan's design for Emporium Melbourne has taken out the Sir Osborn McCutcheon Award in Commercial Architecture in this year's Victorian Architecture Awards. Attracting a high calibre of entrants, the Victorian chapter of the annual Australian Institute of Architecture Awards program celebrates excellence in design and recognises the innovative work of Victorian architects.

David Jones Limited (ASX:DJS) (OTCMKTS:DVDJF) announced that it has appointed Macquarie Capital (Australia) Limited as joint investment banking advisors to work alongside Gresham Partners Advisory Limited.

Asian Activities Report for July 28, 2011 includes: Novogen Limited's (ASX:NRT) subsidiary, Marshall Edwards, Inc.(NASDAQ:MSHL) announced the publication of results from a pre-clinical study of NV-128; Anatolia Energy Limited (ASX:AEK) announced an initial JORC Mineral Resource estimate for the Temrezli uranium prospect in Turkey; Waratah Resources Limited (ASX:WGO) has signed a binding Share Sale Agreement to acquire the Okanabora Project in the Republic of Congo; David Jones Limited (ASX:DJS) is launching a new brand campaign for Spring/Summer 2011.

Australian shares fell on Tuesday led by financials sector as investors remained concerns over Europe's financial health. At the close, the benchmark S&P/ASX200 index was down 16.3 points, or 0.4 per cent, at 4505.1. The broader All Ordinaries index fell 18.1 points, or 0.4 per cent, to 4520.7.

US stocks fell overnight in a choppy trade as the Federal Reserve announcement showed that the central bank remained cautious to the economy outlook. The Federal Reserve acknowledged the economy is emerging from recession, but maintained its near-zero interest rate and trillion-plus dollar effort to support the fragile recovery.

US stocks traded slightly higher overnight with more buying in financials. Analysts expect there would be a short-term correction after the rally as investors lock in gains from a strong three-week rally.

The Australian shares fell in late trading on Monday, pulled by energy sector. The benchmark S&P/ASX200 lost 16.9 points, or 0.43 per cent, to 3886.9, and the broader All Ordinaries was down 16.8 points or 0.43 per cent to 3882.7. Analysts expect the local market remained directionless ahead of the financial year end.

Yesterday Australian market was marginally higher, boosted by rally overseas. The benchmark S&P/ASX200 gained 7.4 points, or 0.19 per cent, at 3890.4, while the broader All Ordinaries rose 16.2 points, or 0.42 per cent, to 3862.2.

The Australian share market closed marginally lower as financial stocks plunged. The benchmark S&P/ASX200 fell 14 points, or 0.4 per cent, to close at 3465.8, while the broader All Ordinaries was down 11.4 points, or 0.33 per cent, to 3405.0. Analysts said it will be difficult for the market to rally as the previous two weeks. The rise in the period took the S&P/ASX200 index up by more than 10%.

Yesterday the Australian share ended 3.1% higher lifted by banks and miners. The benchmark S&P/ASX200 index gained 103.5 points at 3,451.9, while the broader All Ordinaries index was up 96.1 points, or 2.91 per cent, to 3,393.4. Today the local market has delivered a strong opening boosted by Wall Street's rally.