The Aussie market is performing exceptionally well so far today, particularly in light of the terrible leads provide by international markets last night.
The XJO is 20 points (+0.5%) higher heading into the afternoon session.
Financials are the strongest performers, followed by consumer staples and materials.
Conversely, industrials and healthcare stocks are the hardest hit.
In company news, BlueScope is down 33% after coming back in line following its capital raising, whilst Murchison Metals is up a whopping 53% after divesting its stake in the Jack Hills mine.
Around the region, Asian markets are mainly weaker; the Hang Seng and Shanghai Composite are 0.7% weaker, whilst the Nikkei is off 1.4%.
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Midday Market Analysis: Holding Up is a post from: Australian Stock Report Market Pulse Blog