Australian Stock Market Report – Afternoon 7/10/2012

By International Business Times,  July 10, 2012, 04:37:55 AM EDT

MARKET CLOSE
(4.30pm AEST)

It was yet another extremely quiet session on the Australian sharemarket today, with the All Ordinaries Index (XAO) down 0.5 pct or 21.9 pts to 4137.9. This did not come as a huge surprise due to the falls on most global markets overnight and the lack of interest in shares in Europe and the U.S.

The property groups and the telcos managed to record strong gains today however most other regions of the market ended in the red.

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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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