The Aussie market is performing solidly so far today, with the XJO up 40 points (+1%) at 4300.
Every sector is in the green, with healthcare, financials, and materials the strongest performers on the day.
In economic news, GDP increased by 1% in the September quarter, after an upwardly revised 1.4% in the June quarter.
Over the year to September, GBP grew by 2.5%, seasonablly adjusted.
Economists had been expecting a rise of 0.8% for an annual rate of 2.1%.
Around the region, Asian markets are all stronger; the Hang Seng and Nikkei are the strongest performers, up approximately 0.9% each.
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Midday Market Analysis: GDP Surprise is a post from: Australian Stock Report Market Pulse Blog