Australian Stock Report - Market Pulse
Midday Market Analysis: August 15
marketpulse
Publish date: Mon, 15 Aug 2011, 01:37 PM
marketpulse
0 1,810
Welcome to MarketPulse, the Australian Stock Report's financial market blog. In the MarketPulse blog we aim to provide frequent updates on current events across the financial markets, including market wraps, articles in the news, opinions, reviews, financial education and finally our top tip of the week. The blog is published by the Australian Stock Report research and report editing team together with our very own "Passionate Trader", Carl Capolingua.
The Aussie market is faring very well so far today, currently trading 1.8% higher.
Local traders seem to have run with the bullish leads provided by Wall Street on Friday night, with every sector trading in positive territory.
Materials and energy are the standouts, whilst the financials are the poorest performing group.
In company news, Newcrest Mining today reported their full-year results and recorded a 63% increase in net profit to 30 June.
Despite the solid result, the stock is trading approximately 2% lower.
Around the region, Asian markets are mixed; the Hang Seng (+1.8%) and Nikkei (+0.9%) are trading higher, whilst the Shanghai Composite (-0.3%) is weaker.
More articles on Australian Stock Report - Market Pulse
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Latest Videos
Apps
Top Articles
1
2
CEO Morning Brief
Alibaba Aims to Raise US$5b in Dual Currency Bond Deal — Reuters
#
Stock
Score
Daily Stocks
Stock
Last
Change
Volume
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
