Australian Stock Report - Market Pulse
Midday Market Analysis: Modest Gains
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Publish date: Fri, 11 Nov 2011, 01:44 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 slightly above water heading into the afternoon, currently trading 15 points (+0.4%) above water.
Desptei the modest point gain, most sectors are in positive territory, with industrials, telcos and IT stocks leading the way.
The big miners are generally weaker with BHP and RIO of approximately 0.8% each, whilst CBA and ANZ are the best of the banks.
Around the region, Asian markets are generally higher; the Hang Seng is up 0.5% whilst the Nikkei is down 0.1%.
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