Australian Stock Report - Market Pulse
Evening Market Analysis: September 7
marketpulse
Publish date: Wed, 07 Sep 2011, 05:17 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 recovered strongly from its recent slide, buoyed by bargain hunters and a better-than-expected GDP result.
Financials led the session's advance, with ANZ the best performer (+4%) among the big four.
Macquarie had a positive day despite announcing another profit downgrade. The investment bank closed up 1.6%.
BHP and Rio Tinto drove the materials sector higher; both put on more than 3%.
Stronger oil prices lifted the energy majors; Santos climbed 3.8% and Woodside advanced 0.5%.
The ASX 200 soared 108 points (+2.7%), settling at 4183.
Click to Receive FREE Trading Recommendations for the next 7 Days!
Evening Market Analysis: September 7 is a post from: Australian Stock Report Market Pulse Blog
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
Market Buzz
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
CEO Morning Brief
#
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....
