Australian Stock Market Report – Midday 2/8/2013


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(12.30pm AEDT)

The Australian sharemarket is improving for the third consecutive session, with the All Ordinaries Index (XAO) up 0.2 per cent or 11.6 pts to 4967.4, despite a slow start to this morning. Over the past five trading sessions, the XAO has edged higher by almost 0.5 per cent. If the market can maintain its gains for the duration of the session and economic news out of China doesn't disappoint this afternoon, this will make it four consecutive weeks of improvement.

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This article appears in: Investing , Commodities

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