Australian Stock Report - Market Pulse
Midday Market Analysis: Aussie On Fire
marketpulse
Publish date: Tue, 01 May 2012, 05:10 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: Aussie On Fire
In the face of some bearish leads provided by international markets overnight, the Aussie market is flying so far today.
The XJO is presently 30 points (+0.7%) above water, holding around 4430.
The gains are widespread with every sector in positive territory and energy, IT and consumer staples plays leading the charge higher.
In company news, Woodside Petroleum has jumped 0.7% after announcing that it has sold a minority interest in its proposed Browse liquefied natural gas project to a Japanese consortium for US$2 billion.
Elsewhere, WOTIF.com Holdings has tanked 5.4% after announcing that it expects FY12 net profit to be between 9%-13% higher than FY11, lower than previously guided.
Around the region, Asian markets mainly lower; the Shanghai Composite is down 0.4% whilst the Nikkei is 0.9% weaker.
To Access FREE Daily Trading Recommendations, Click Here!
Midday Market Analysis: Aussie On Fire 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
Apps
Top Articles
1
2
#
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....
