Australian Stock Report - Market Pulse
Midday Market Analysis: Modest Bounce
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Publish date: Tue, 11 Sep 2012, 02:18 PM
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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: Modest Bounce
The Aussie market is struggling so far today, following the negative lead from international shares overnight last night.
Most sectors are weaker with utilities and industrials the weakest links.
On the other end of the spectrum, health care and telco stocks are the best performers.
In company news, Asciano is up 0.5% after announcing a new five-year deal with Linfox believed to be worth up to $400 million.
Around the region, Asian markets are all lower with the Hang Seng (-0.5%) and Nikkei (-0.9%) both trading in the red.
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