Australian Stock Market Report – Afternoon 10/23/2012

By Juliette Saly, CommSec Market Analyst,

Shutterstock photo


The Australian share market managed only a small win today. No local economic data was released but a raft of companies held their Annual General Meetings ( AGM ) while the Australian dollar was well supported ahead of tomorrow's key inflation numbers. After reaching an intra-day high of 4588.7pts, the All Ordinaries Index (XAO) closed higher by 3.4pts or 0.1pct to 4568.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing Commodities
Referenced Stocks: AGM

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