Australian Stock Market Report – Afternoon 2/7/2013

By International Business Times,  February 07, 2013, 03:31:15 AM EDT

Afternoon Market Report

The local share market consolidated against a mixed picture for International and regional indices on Thursday. Local employment data generated conversation about the RBA's next move on rates whilst corporate news was on tap from a host of corporates including National Australia Bank and Telstra.

The ASX 200 closed up 0.3% at 4935, its best close since April 2011. $4.5 billion worth of shares were exchanged, a respectable number considering that investors remain focussed on the next 3 week of profit results.

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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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