Australian Stock Report - Market Pulse
Midday Market Analysis: Snooze Fest Continues
marketpulse
Publish date: Wed, 29 Aug 2012, 01:58 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: Snooze Fest Continues
The Aussie marker is little changed so far today, with the XJO 10 points (-0.2%) lower, at 4350.
Most sectors are weaker with materials, utilities and consumer discretionary stocks the weakest links.
Conversely, telcos, IT, and consumer staples are the best performers.
In company news, WorleyParsons is down 0.5% after reporting an FY12 profit of $353.2 million, a 3% fall on the prior year's result.
Elsewhere, Transfield has dropped 6.6% following the release of its FY12 results which contained poor guidance for FY13.
Around the region, Asian markets are mixed; the Hang Seng is down 0.1% whilst the Nikkei is up 0.3%.
Receive Daily FREE Trading Recommendations, click now.
Midday Market Analysis: Snooze Fest Continues 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
2
CEO Morning Brief
Alibaba Aims to Raise US$5b in Dual Currency Bond Deal — Reuters
#
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....
