Australian Stock Report - Market Pulse
Evening Market Analysis: Aussie Rises Sharply
marketpulse
Publish date: Wed, 17 Oct 2012, 05:08 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.
The Australian market rose sharply today, following the positive lead provided by international markets overnight. Almost all of the sectors finished in positive territory with material stocks the clear standout performers.
The banking majors were mostly stronger, with ANZ, NAB and Westpac all finishing 0.7% higher. CBA (-0.2%) was the only one of the big four to not finish in positive.
All of the big miners enjoyed stellar gains, with BHP (+1.2%), Rio Tinto (+1.7%) and FMG (+5.7%) surging higher. The ASX 200 added 37 points (+0.8%) to settle at 4528, its highest close in since July 2011.
Evening Market Analysis: Aussie Rises Sharply 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....
