Markets

Australian Stock Market Report – Afternoon 3-7-13

Afternoon Market Report

Thursday was a day of consolidation for regional indices. Whilst political issues remain fluid in Europe the focus is tending towards the other side of the Atlantic. Better economic news is empowering investors who continue to push the Dow Jones Industrial Average further into record territory. The gains on Wall St failed to translate to local trade today although a case could be made for investors holding their fire until the release of key economic figures in the US at the end of the week. Notwithstanding the weaker finish earlier in the session the local market hit its highest levels in 4.5 years

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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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