Markets

Australian Stock Market Report – Afternoon 3/5/2013

Afternoon Market Report

Tuesday saw a generally positive session for regional stocks in the aftermath of Monday's selling. Investors continue to keep a wary eye on the Shanghai Composite index. From a technical perspective the Chinese index appears vulnerable given its 3.7% decline on Monday.

One of the recent features of the local market has been the willingness of investors to support the market in the face of weakness. This was again evident today with almost $5bln in shares having been transacted.

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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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