Australian Stock Market Report – Midday 2/22/2013

By
A A A

MID-SESSION REPORT
(12pm AEDT)

The Australian sharemarket is starting to record a comeback following yesterday's hefty 2.2 per cent slump. The All Ordinaries index (XAO) is up 1.2 per cent or 58.6 pts to 5057.2. Concerns were high yesterday, which resulted in the local market's biggest daily pullback since May 2012. This Sunday's Italian leadership election was keeping investors at bay while U.S Congress has barely a week to deal with the Fiscal Cliff spending cuts drama.

Read More on International Business Times




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

Referenced Stocks:

International Business Times

International Business Times
  • See all for International Business Times
  • View Print Version

More from International Business Times:

Related Videos

Freshman Finance 101
Freshman Finance 101                
Spot the Dropout RRC
Spot the Dropout RRC                
Power on/Power Off
Power on/Power Off                  

Stocks

Referenced

Most Active by Volume

63,683,265
  • $16.34 ▼ 0.12%
57,325,180
  • $10.64 ▲ 1.33%
54,257,396
  • $112.76 ▼ 0.47%
40,860,148
  • $5.86 ▲ 1.38%
40,102,780
  • $28.54 ▲ 0.42%
36,273,767
  • $104.31 ▼ 1.24%
36,196,207
  • $13.87 ▲ 0.95%
35,675,931
  • $10.40 ▲ 0.97%
As of 8/31/2015, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com