Markets

Australian Stock Market Report – Afternoon 3-28-13

AFTERNOON REPORT

(5pm AEDT)

Local stocks fell back into the red today, as concerns about Cyprus once again affected global sentiment. Banks in Cyprus will re-open tonight for the first time since the controversial bank bailout was floated, with investors concerned there could be a run on bank deposits.

Locally, the All Ords closed lower by 0.5% and was flat over the course of the week.

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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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