Australian Stock Report - Market Pulse
Evening Market Analysis: September 22
marketpulse
Publish date: Thu, 22 Sep 2011, 05:02 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.
Fears over the health of the global economy and financial system pummelled the Aussie market today.
Stocks were battered from the outset following last night's sombre assessment of the US economy by the Fed.
Miners bore the brunt of today's punishment amid fading prospects for commodity demand; BHP lost 4.1% and Rio Tinto dropped 6.5%.
In the energy space, Woodside declined 3.4% whilst Nexus plummeted 52% following the resignation of its Managing Director.
The big banks were also slammed; Westpac fell 2% and NAB shed 3%.
The ASX 200 plunged 107 points (-2.6%), closing at 3965.
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
2
#
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....
