Australian Stock Report - Market Pulse
Midday Market Analysis: Aussie On Fire
marketpulse
Publish date: Thu, 19 Jul 2012, 02:10 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
The Aussie market is flying so far today, with the XJO presently 50 points (+1.3%) in the green, holding around 4175.
The gains are widespread, with every sector in the green; energy, consumer staples and materials stocks are the best performers.
In company news Santos has climbed 3.6% after reporting that 2Q revenue rose 18% on year to $739 million.
Also in the energy space, Woodside Petroleum has jumped 6.6% after recording a 2Q revenue of $1.43 billion, a 14% rise on previous corresponding period.
Around the region, Asian markets are all trading higher; the Hang Seng (+1.7%) and Shanghai Composite (+0.9%) are amongst the strongest performers.
For FREE Daily Trading Recommendations, Click Now!
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....
