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Australian Stock Market Report – Midday 2/18/2013

By: International Business Times
Posted: 2/17/2013 10:29:00 PM
Referenced Stocks:

MID-SESSION REPORT
(12.30pm AEDT)

The Australian sharemarket is improving by 0.6 per cent or 31.4 pts to 5086, adding to five straight weeks of gains. Global markets were mixed on Friday night, however U.S equities (shares) edged higher by a modest 0.1 per cent. Global investors could remain a little cautious today to overcommit due to the President's Day public holiday in North America. U.S shares will be closed on Monday however will return to trade normally on Tuesday.

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