The Aussie market is enjoying solid gains so far today, bucking the bearish trend for international markets over the last 24-hours.

The XJO is presently up 30 points (+0.7%), at 4100.

The gains are widespread, with most sectors in the green; utilities, financials and consumer staples stocks are amongst the best performers.

In company news, Silver Lake Resources has jumped 4.5% after the release of some positive test results from its Magic deposit.

Elsewhere Galaxy Resources has plummeted over 8% after it last night announced that it would temporarily halt operations at its Mt Cattlin project due to high internal inventory levels of spodumene.

Around the region, Asian markets are mixed; the Hang Seng (+0.2%) is stronger whilst the Shanghai Composite (-0.2%) and Nikkei (-0.1%) are weaker.
Click Now for FREE Trading Recommendations

Midday Market Analysis: Solid Gains is a post from: Australian Stock Report Market Pulse Blog