Australian Stock Market Report – Midday 3-22-13

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A A A

MID-SESSION REPORT
(12.10pm AEDT)

The Australian share market is trading higher at lunchtime, despite a negative start impacted by more falls on European and US share markets overnight.

Investors in the US and Europe sold out of stocks as Cyprus's president worked on a new plan to obtain a European bailout.

Financial stocks are driving the local gains, with Westpac ( WBC ) the strongest out of the big four banks.

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: WBC

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Referenced

Most Active by Volume

44,823,339
  • $75.19 ▲ 0.28%
43,744,171
  • $3.44 ▼ 0.29%
42,340,022
  • $97.671 ▲ 0.66%
34,178,145
  • $17.62 ▼ 1.23%
34,028,998
  • $15.59 ▼ 0.19%
32,055,708
  • $21.23 ▼ 2.41%
31,539,235
  • $3.76 ▲ 0.80%
30,434,619
    $34.25 unch
As of 7/25/2014, 04:03 PM