Markets

Australian Stock Market Report – Afternoon 3-18-13

EVENING REPORT

(5.30pm AEDT)

A controversial levy imposed on financial institutions in the European island of Cyprus sent shockwaves through local markets today, as investors bet the Eurozone debt crisis is far from over.

Worries that the move, which has prompted thousands of Cypriots to withdraw their money from banks over the weekend, could spread to other European nations prompted the selling.

Read More on International Business Times

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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