Australian Stock Market Report – Midday 3-15-13


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(12.30pm AEDT)

After three sessions of losses, local stocks are back in the black today, being lifted by another win on Wall Street and strength in European markets.

European stocks rose on more positive economic data, while the US Dow Jones Index closed higher for a 10th consecutive session, finishing at new record highs.

Locally, the banks are lifting the market higher,with Westpac ( WBC ) the strongest out of the big four.

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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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