Australian Stock Market Report – Afternoon 12/28/2012

By International Business Times December 28, 2012, 01:43:35 AM EDT

MARKET CLOSE
(4.30pm AEDT)

The Australian sharemarket continued on its strong run, rising for the third straight session and for the 12th time in 14 trading days. Local equities are still at 18-month highs. Global market ended mixed overnight, with the Dow easing by 0.1 per cent, Germany's DAX edged higher by 0.3 per cent while France's CAC40 jumped by 0.6 per cent. The All Ordinaries Index (XAO) rose by 0.5 per cent or 23.9 pts to 4685.3.

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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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