Australian Stock Report - Market Pulse
Evening Market Analysis: October 10
marketpulse
Publish date: Mon, 10 Oct 2011, 05:01 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.
The Aussie market has extended its rally following yesterday's agreement by Germany and France to recapitalise Europe's lenders.
Energy stocks were again the session's strongest performers; Woodside put on 1.3% and Santos rose 2.6%.
Extract soared 10.2% amid reports major shareholder, Kalahari, is being sought out by China Guangdong Nuclear Power.
The mining giants were mixed, with BHP shedding 0.3% and Rio Tinto adding 1.5%.
All four big banks added to last week's gains; Westpac was the strongest of the lot, up 2.2%.
The ASX 200 advanced 38 points (+0.9%), settling at 4201.
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
CEO Morning Brief
Australia raised Fair Trade in Trump Phone Call, Says PM Albanese
2
CEO Morning Brief
Australia Faces Economic Pain From Trump Win, Treasurer Warns
#
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....
