Australian Stock Report - Market Pulse
Evening Market Analysis: September 28
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Publish date: Wed, 28 Sep 2011, 05:02 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 strengthened today, however it came off the session's highs amid lingering concern over Greece's debt problems.
The big banks were mixed, with ANZ down 0.3% and Westpac adding 2%.
Among the mining stocks, BHP put on 0.5% and Rio Tinto climbed 1%. Fortescue slumped another 7.9%.
Wesfarmers finished up 1.1% after selling its Premier Coal mine. Rival Woolworths edged up 0.7% for the day.
The ASX 200 advanced 35 points (+0.9%), closing at 4040.
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