Australian Stock Report - Market Pulse
Midday Market Commentary: Strong Aussie
marketpulse
Publish date: Tue, 13 Mar 2012, 01:45 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.
Midday Market Commentary: Strong Aussie
The Aussie market is enjoying strong gains so far today, currently trading 50 points (+1.1%) higher at 4245.
The gains are broad based, with every sector in the green.
Healthcare and industrials are leading the charge higher, whilst consumer discretionary and energy staples are the laggards.
In company news, ratings agency Fitch has downgraded Macquarie Group's credit rating from A to A-. However this seems to have had no affect on the share price, with the stock trading 1.4% higher.
Around the region, Asian markets are mainly stronger; the Hang Seng and Nikkei are up approximately 1%, whilst the Shanghai Composite is down 0.2%.
To Access FREE Daily Trading Recommendations, Click Here!
Midday Market Commentary: Strong Aussie 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
2
CEO Morning Brief
RBA Holds Key Rate at 13-year High as World Waits on US Vote
#
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....
