Australian Stock Market Report – Midday 9/21/2012

By International Business Times,  September 20, 2012, 10:11:39 PM EDT

LUNCHTIME REPORT
(11.50am AEST)

Local stocks are holding up relatively well in the early session, given a fairly subdued offshore lead. US and European investors were shaken by the weaker than expected manufacturing data out of China, however were also heartened by a successful Spanish bond auction. The Dow Jones Index finished up 0.1pct to 13596.9pts, while European shares were mostly lower. At lunchtime in the East, the All Ordinaries Index (XAO) is up 10.2pts or 0.2pct to 4430.

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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

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