Australian Stock Market Report – Midday 2/18/2013

By Steven Daghlian, CommSec Market Analyst,

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(12.30pm AEDT)

The Australian sharemarket is improving by 0.6 per cent or 31.4 pts to 5086, adding to five straight weeks of gains. Global markets were mixed on Friday night, however U.S equities (shares) edged higher by a modest 0.1 per cent. Global investors could remain a little cautious today to overcommit due to the President's Day public holiday in North America. U.S shares will be closed on Monday however will return to trade normally on Tuesday.

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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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