The Australian markets edged higher today, after a mixed night on international markets. The sectors finished mostly higher with property stocks gaining the most ground.
Conversely, consumers discretionary and materials were the worst performing. The big four banks closed mixed with NAB and CBA both gaining 0.4% and Westpac flat.
ANZ dropped 0.9% after reporting its FY12 results and providing a gloomy outlook for FY13. The major miners advanced despite a mixed night for commodity prices. BHP and Rio Tinto added 0.2% and 0.4% respectively.
The ASX 200 put on five points (+0.1%) to settle at 4511.
Evening Market Analysis: Aussie Nudges Higher is a post from: Australian Stock Report Market Pulse Blog