Australian Stock Report - Market Pulse
Midday Market Analysis: Aussie Holding Up
marketpulse
Publish date: Fri, 09 Nov 2012, 01:53 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 Aussie market is holding up reasonably so far today, in light of the poor leads provided by international markets last night.
The XJO is presently down 20 points (-0.5%), at 4461. Most sectors are weaker, with utilities, financials and energy the weakest links, whilst healthcare and IT are the strongest performers.
In company news, Emeco Holdings has tumbled as much as 16% after downgrading its 1H13 NPAT from $29.2 million to now be within a range of $23 million to $26 million.
Elsewhere, banking majors NAB and Westapc went ex-dividend today and are down around 4% each.
Around the region, Asian markets are mainly weaker; the Hang Seng (-0.6%) and Nikkei (-0.9%)are amongst the poorest performers.
Midday Market Analysis: Aussie Holding Up 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....
