Australian Stock Market Report – Midday 12/14/2012

By StevenDaghlian, CommSec Market Analyst,

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(12pm AEDT)

The Australian sharemarket continues its strong run, with the All Ordinaries Index (XAO) improving for much of the morning for the sixth consecutive session. The XAO is currently only up by a very modest 1.6 pts.

The energy sector, the miners, industrials and healthcare stocks are trading lower at lunch, while the financials, telcos and consumer staples are helping lift the broader market slightly higher.

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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 Nasdaq, Inc.

This article appears in: Investing Commodities
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