Once again, the Aussie market is faring well so far today despite the soft leads provided by international markets overnight.

The XJO is currently 20 points (+0.5%) stronger, at 4360.

The gains are fairly widespread, with materials, consumer staples and consumer discretionary stocks the best performers.

Conversely the IT, energy and healthcare issues are the weakest performers.

In company news, Aquila Resources is up 4% after announcing drilling at the newly discovered Haakdoorn and Gravenhage South Manganese prospects has a resource total of 28.2 million tonnes.

Around the region, Asian markets are mixed; the Hang Seng is 0.5% weaker, whilst the Nikkei is off 0.3%. The Shanghai Composite is up 0.4%.

Click Now for FREE Trading Recommendations

Midday Market Commentary: Aussie On Fire is a post from: Australian Stock Report Market Pulse Blog