Markets

Australian Stock Market Report – Afternoon 1/10/2013

AFTERNOON REPORT

(5pm AEDT)

Better than expected Chinese data helped propel the share market today, following a flat start to the day's trade. The All Ordinaries Index (XAO) closed firmer by 15.1pts or 0.3pct to 4745.2 after hitting an intra-day low of 4723pts.

China´s trade surplus increased sharply in December, to $31.6 billion compared with a $19.6 billion surplus in November, as exports surprised on the upside. Exports were up 14.1pct in December compared with the same period a year earlier, while imports rose by 6pct.

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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 Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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