Australian Stock Report - Market Pulse
Evening Market Analysis: Late Session Surge
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Publish date: Tue, 29 Nov 2011, 05:18 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 Australian market finished in front today, after extremely strong leads from the international indices overnight.
Today's gains came on the back strength in the big four banks; ANZ and NAB were the best among their rivals, up 1.6% each.
The big miners performed well on the back of stronger commodities prices; BHP and Rio Tinto both advanced by 0.4%.
Paladin was a standout in the energy space, soaring 6.9% for the day.
The ASX 200 put on 44 points (+1.1%) to close the day at 4102.
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