Australian Stock Market Report – Midday 2/19/2013
Local stocks are slightly firmer in the early session, consolidating four and a half year highs reached on the All Ordinaries Index (XAO) yesterday. It's a significant consolidation given Wall Street was closed overnight for Presidents' Day holiday and European markets closed in the red for a third consecutive session.
The All Ords is up 4.2pts at lunchtime to 5087.1pts.
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