Australian Stock Report - Market Pulse
Midday Market Analysis: Bulls Enjoy A Run
marketpulse
Publish date: Mon, 16 Jul 2012, 05:37 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: Bulls Enjoy A Run
The Aussie market is stronger so far today, although the local bourse hasn't surged quite like its international peers did on Friday night.
The XJO is 30 points (+0.8%) in the green, holding around 4115.
The gains are widespread, with energy, IT and materials stocks the best performers, whilst telcos are the weakest links.
In company news, Whitehaven coal has jumped over 15% after releasing information about the $5.3 billion takeover offer by a Nathan Tinkler led consortium.
Elsewhere Intrepid mines has climbed 10.3% after announcing some positive results regarding its Tujuh Bukit project.
Around the region, Asian markets mixed; the Shanghai Composite is down 1% whilst the Hang Seng is up 0.2%.
Click to Receive FREE Daily Trading Recommendations!
Midday Market Analysis: Bulls Enjoy A Run 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
Latest Videos
Apps
Top Articles
1
CEO Morning Brief
#
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....
