Australian Stock Report - Market Pulse
Midday Market Analysis: Struggling Early
marketpulse
Publish date: Fri, 18 Nov 2011, 02:12 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 is enduring a tough session so far today, with the XJO currently down 70 points (-1.6%), at 4190.
The losses are widespread, with every sector in the red.
Material and financial plays are the hardest hit, whilst telcos and utilities are the best of a bad bunch.
Big losers on the day include Platinum Australia (PLA) which is down another 12% after yesterday's rout, whilst Gindalbie (GBG) is off 9% and Iluka (ILU) is 7% weaker.
Around the region, Asian markets are all weaker; the Hang Seng is down 2% whilst the Nikkei is off 1.3%.
Click to Receive FREE Trading Recommendations!
Midday Market Analysis: Struggling Early is a post from: Australian Stock Report Market Pulse Blog
More articles on Australian Stock Report - Market Pulse
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Latest Videos
Apps
Top Articles
1
2
CEO Morning Brief
Alibaba Aims to Raise US$5b in Dual Currency Bond Deal — Reuters
#
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....
