Australian Stock Report - Market Pulse
Midday Market Analysis: Strong Start
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Publish date: Mon, 05 Dec 2011, 01:48 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 stronger so far today with local bulls ignoring the lacklustre leads provided by The Street on Friday night.
The XJO is currently 30 points (+0.8%) stronger, trading around 4320.
Every sector is in positive territory, with energy, materials and industrials the strongest on the day.
Around the region, Asian markets are mixed; the Hang Seng and Nikkei are stronger, whilst the Shanghai Composite is down 0.6%.
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