Markets

Australian Stock Market Report – Midday 1/10/2013

MID-SESSION REPORT

(12pm AEDT)

Following a slight improvement for the local market yesterday, Australian shares are trading in the red for the fourth time in five sessions. Volume is still light on, however has started to pick up modestly over the past few days. All major sharemarkets around the world are trading normally today.

Overnight, shares in Europe hit fresh 22-month highs while American equities also rose. The U.S earnings season (profit reporting) kicked off yesterday with aluminium producer, Alcoa not disappointing the market with its profit numbers.

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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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