Australian Stock Report - Market Pulse
Evening Market Analysis: Muted Session
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Publish date: Wed, 30 Nov 2011, 05:15 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.
In a muted day of trading, the Aussie market ended modestly higher on the back of last night's gains on Wall Street.
The banks helped drag the market into positive territory; ANZ was the best of the big four with a 2% rise.
The big miners struggled amid nagging fears over the global economy; BHP lost 0.2%, and Rio Tinto shed 0.9%.
In the broader market, HFA Holdings plummeted 7.6% after lowering its earnings guidance for the half year ending 31 December 2011.
The ASX 200 put on 18 points (+0.4%) to close the day at 4120.
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