Australian Stock Market Report – Midday 2/19/2013

By International Business Times February 18, 2013, 10:45:57 PM EDT

MIDDAY REPORT
(12.10pm AEDT)

Local stocks are slightly firmer in the early session, consolidating four and a half year highs reached on the All Ordinaries Index (XAO) yesterday. It's a significant consolidation given Wall Street was closed overnight for Presidents' Day holiday and European markets closed in the red for a third consecutive session.

The All Ords is up 4.2pts at lunchtime to 5087.1pts.

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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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