Australian Stock Market Report – Midday 6/27/2012

By International Business Times,  June 26, 2012, 11:46:25 PM EDT

LUNCHTIME REPORT
(12.30pm AEST)

The local share market is picking up a little following four sessions of losses, with the All Ordinaries Index (XAO) up 21.8pts or 0.5pct to 4078.1 at lunchtime in the East. There was a little bit of investor apathy in Europe overnight ahead of yet another European Union summit to discuss the region's debt crisis while US markets rose on upbeat housing data.

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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 The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks:



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