Australian Stock Report - Market Pulse
Midday Market Analysis: September 15
marketpulse
Publish date: Thu, 15 Sep 2011, 01:58 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 is faring well so far today, with the XJO currently trading 1.4% above water.
Every sector is in positive territory with financial, energy and material plays leading the charge higher.
In company news, Myer is trading more than 2% higher despite reporting a small drop in fiscal 2011 profit before the bell this morning.
Around the region, Asian markets are all trading higher; the Hang Seng is up 1% whilst the Nikkei is 1.7% stronger in early trade.
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