Australian Stock Report - Market Pulse
Midday Market Analysis: October 7
marketpulse
Publish date: Fri, 07 Oct 2011, 01:14 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 is enjoying another strong session so far today, with the XJO currently trading 90 points (+2.2%) to the upside.
All but one sector is in positive territory, with materials, energy and financials leading the charge.
There is no major company news which has hit the airwaves but there are some solid moves with PNA (+7.8%) and Paladin (+12%) enjoying strong sessions.
Around the region, Asian markets are all trading higher; the Hang Seng is up 2.3% whilst the Nikkei is down 1.2%.
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