Australian Stock Report - Market Pulse
Evening Market Report: August 25
marketpulse
Publish date: Thu, 25 Aug 2011, 05:25 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.
Positive corporate earnings and a strong lead from Wall Street triggered solid gains on the Aussie market today.
Rio Tinto advanced 1.2%, whilst BHP rose 1.1% on yesterday's record profit result.
Among the airlines, Virgin Blue rocketed almost 15% after forecasting an improved FY12.
Toll was another star performer (+8.6%) on the back of its reassuring FY11 profit result.
Elsewhere in the industrials space, Transfield plunged 22.3% following its FY12 guidance downgrade.
Woolworths also struggled badly (-5.6%) on the back of its subdued FY12 outlook.
The ASX 200 added 45 points (+1.1%), settling at 4213.
More articles on Australian Stock Report - Market Pulse
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Apps
Top Articles
1
CEO Morning Brief
Australia raised Fair Trade in Trump Phone Call, Says PM Albanese
2
CEO Morning Brief
Australia Faces Economic Pain From Trump Win, Treasurer Warns
#
Stock
Score
Daily Stocks
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....
