Australian Stock Report - Market Pulse
Midday Market Analysis: Sharply Higher
marketpulse
Publish date: Thu, 01 Dec 2011, 01:40 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 sharply higher so far today with the XJO currently 90 points (+2.3%) stronger, at 4215.
Material and financial plays are the standouts, with BHP, RIO and FMG all up 4% or more and all of the major banks up 2% or more.
In company news, Boart Longyear (BLY) is up more than 7% after reaffirming 2011 guidance whilst Spotless (SPT) is more than 4% stronger after receiving a raised takeover from PEP.
Around the region, Asian markets are all sharply higher; the Hang Seng is up 5.2% whilst the Nikkei is 2.2% stronger.
Click to Receive FREE Trading Recommendations!
Midday Market Analysis: Sharply Higher 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
Apps
Top Articles
1
CEO Morning Brief
Australia raised Fair Trade in Trump Phone Call, Says PM Albanese
2
CEO Morning Brief
Australia Faces Economic Pain From Trump Win, Treasurer Warns
#
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....
