Australian Stock Report - Market Pulse
Evening Market Watch: Good Day Out
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Publish date: Mon, 30 Apr 2012, 03:00 AM
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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 Watch: Good Day Out
The Australian market started the week on a strong note, following on from positive leads provided by international markets on Friday night.
All sectors finished in positive territory; materials and property stocks were collectively the largest percentage gainers.
The major banks were stronger on the day; CBA and ANZ were the best performers, putting on 0.7% and 1.1% respectively.
NAB underperformed its peers, only adding 0.3% following its disappointing first quarter trading update.
The mining majors advanced on the back of higher commodity prices; BHP jumped 1.9% whilst rival Rio Tinto climbed 1.4%.
The ASX 200 added 35 points (+0.8%) to close at 4397.
The market was up 1.4% for the month of April.
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