Markets

Australian Stock Market Report – Afternoon 1/7/2013

AFTERNOON REPORT

(5pm AEDT)

Positive jobs data out of the US on Friday failed to give a boost to local stocks today. The main All Ordinaries Index (XAO) finished slightly lower, down 4.8pts or 0.1pct to 4738.1. On Friday, the S&P 500 Index in the US hit a five year high, while the Dow Jones Index was up 3.8pct on the week, its best weekly win since December 2007 as lawmakers agreed on a deal to avert the fiscal cliff and December jobs numbers came in higher than expected.

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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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