Australian Stock Report - Market Pulse
Evening Marketing Analysis: Soft Close
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Publish date: Mon, 23 Apr 2012, 09:29 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 Marketing Analysis: Soft Close
The Australian sharemarket started the week in the red, despite mostly positive international leads from Friday night.
The majority of sectors finished underwater, with materials and energy stocks among the worst performers.
The big four banks were mixed on the day; Westpac gained 0.2%, whilst NAB lost 0.1%.
Mining majors were equally directionless, despite stronger commodity prices. BHP dipped 0.5% whilst rival Rio Tinto closed flat.
The ASX 200 declined 14 points (-0.3%) to settle at 4352.
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