The Aussie market is enjoying another positive session so far today, albeit a modest one.
The local market continues to grind higher, currently sitting 20 points (+0.4%) above water, at 4235.
Energy and consumer discretionary plays are leading the sectors, whilst consumer staples and utilities are the laggards.
In company news, WorleyParsons is 2% stronger on the day, after announcing the awarding of a contract for the Shondoni mine development.
Around the region, Asian markets are all trading higher; the Hang Seng is 0.4% stronger whilst the Nikkei is enjoying a healthy 1.3% gain.
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Midday Market Analysis: Morning Fade is a post from: Australian Stock Report Market Pulse Blog