Australian Stock Report - Market Pulse
Midday Market Analysis: Slightly Under Water
marketpulse
Publish date: Fri, 16 Mar 2012, 01:44 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 Analysis: Slightly Under Water
The Aussie market is slightly under water heading into afternoon trading, currently down by six points (-0.1%) at 4272.
Most sectors are in the red, with materials and energy stocks headlining the declines. Defensive sectors including healthcare, utilities and consumer staples are among the few in positive territory.
In company news, Macquarie Group has had its credit rating downgraded by Moody's due to concerns about earnings growth in a challenging market environment.
Across the Asian region, most of the key indices are trading higher. The Hang Seng is up 0.1%, the Shanghai Composite is ahead 0.8%, whilst the Nikkei is down 0.2%.
Click Now for FREE Trading Recommendations
Midday Market Analysis: Slightly Under Water 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
Latest Videos
Apps
Top Articles
1
2
CEO Morning Brief
Alibaba Aims to Raise US$5b in Dual Currency Bond Deal — Reuters
#
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....
