Australian Stock Report - Market Pulse
Evening Market Analysis: Aussie Nudges Higher
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Publish date: Thu, 25 Oct 2012, 04:46 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.
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
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