Australian Stock Report - Market Pulse
Evening Market Analysis: September 13
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Publish date: Tue, 13 Sep 2011, 05:14 PM
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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 ended higher today, following on from Wall Street's strong finish overnight.
Fuelling today's optimism were reports China may come the aid of debt-stricken European countries.
In the materials space, BHP put on 2.3% and Rio Tinto rose 1%.
Sundance sank 10.1% however, after ASIC launched an insider trading investigation into potential suitor, Hanlong Mining.
Most of the big four strengthened approxiamtely half a percent each’ CBA was the exception, down 0.8%.
The ASX 200 added 34 points (+0.9%), closing at 4073.
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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....
