Australian Stock Report - Market Pulse
Evening Market Commentary: Another Strong Session
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Publish date: Wed, 14 Mar 2012, 07:08 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.
Evening Market Commentary: Another Strong Session
Aussie shares jumped higher today, following a collective rally on international markets overnight.
All sectors finished higher, with materials and utilities being the top percentage gainers.
The big four banks were all stronger with CBA and ANZ the best of the group, both climbing 0.9%.
The mining majors outperformed the market, helped by rising metals prices and generally buoyant sentiment. BHP climbed 1.3%, whilst rival Rio Tinto advanced 1.5%.
Computershare (+5.5%) was another standout after forming a JV to launch an online postal mail service, Digital Post Australia.
The ASX 200 added 40 points (+0.9%), to settle at 4287.
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Evening Market Commentary: Another Strong Session is a post from: Australian Stock Report Market Pulse Blog
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