Australian Stock Report - Market Pulse
Midday Market Analysis: Modest Gains
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Publish date: Fri, 02 Dec 2011, 01:29 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 Aussie market is enjoying modest gains so far today despite the lacklustre leads provided by international markets overnight.
The XJO is currently 20 points (+0.5%) stronger, trading around 4250.
Most sectors are in positive territory, with healthcare and consumer staples plays the standouts this far.
Conversely, materials, telcos and IT plays are struggling.
Around the region, Asian markets mixed; the Shanghai Composite and Hang Seng are weaker, whilst the Nikkei is up on the day.
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