Australian Stock Market Report – Afternoon 11/6/2012

By International Business Times,  November 06, 2012, 03:25:24 AM EDT

MARKET CLOSE
(4.30pm AEDT)

The Australian sharemarket rose for the third straight session and for the sixth time in seven days. The All Ordinaries Index (XAO) edged higher by just 0.2 per cent or 10.1 pts to 4503.7. Despite the improvement, investors weren't overly interested in equities with the Melbourne Cup demanding much of the attention. There were only $2.7 billion worth of shares traded today; around 25 per cent less than yesterday.

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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 The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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