Australian Stock Market Report – Midday 3-28-13

Comment

Shutterstock photo

MID-SESSION UPDATE
(12.30pm AEDT)

Uncertainties about Europe have again reared their head, rattling European and US blue chip stocks overnight. Locally, the Australian share market fell quite hard on open but is currently down around 0.3% at lunchtime in the East.

Financial stocks are the biggest drag, with

Mining stocks are faring better, shares in Rio Tinto ( RIO ) are up more than 1% at lunchtime while Fortescue Metals Group (FMG), which rose 4.5% yesterday is up another 2.2% to $4.07.

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 Nasdaq, Inc.



This article appears in: Investing , Commodities


More from International Business Times

Subscribe






International Business Times
Contributor:

International Business Times


Find a Credit Card

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