Australian Stock Market Report – Midday 2/13/2013
The Australian sharemarket is having its best day in a fortnight, with the ASX 200 Index up 0.9 per cent or 44.8 pts to 5003.8. This is the first time the evasive 5000.0 mark has been breached by the index since April 2010. The local market is now up 7.6 per cent since the start of this calendar year. Global markets ended mostly higher overnight, with both the French and British markets the standouts after rising by close to 1 per cent.
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