Markets

Australian Stock Market Report – Midday 11/13/2012

MID-SESSION REPORT

(12.15pm AEDT)

Local stocks are trading in the red again today, following a lacklustre offshore lead and a new report showing business conditions are at their lowest levels since May 2009.

At lunchtime in the East, the All Ordinaries Index (XAO) is down 33.9pts or 0.8pct to 4436.

Investors in the US and Europe showed caution overnight, as EU ministers met over Greece's debt problems. A glitch on the NYSE also prevented trade in over 200 stocks on the close.

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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