Australian Stock Market Report – Afternoon 1/3/2013

By International Business Times,  January 03, 2013, 03:17:46 AM EDT

MARKET CLOSE
(4.30pm AEST)

The Australian sharemarket continues to rise, with the All Ordinaries Index (XAO) up by 0.8 per cent or 38.5 pts to 4761.4. This adds to yesterday's 1.25 per cent improvement while the ASX 200 has cracked through the 4700 point level for the first time since July 2011. Since hitting a low in June last year, the local market has improved by almost 18 per cent. Markets in both China and Japan were closed today.

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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

Referenced Stocks:



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