Markets

Australian Stock Market Report – Midday 3-13-13

MID-SESSION REPORT

(12pm AEDT)

The Australian sharemarket has kicked off hump day in subdued fashion, with the All Ordinaries Index (XAO) down by just 0.2 per cent or 9.2 pts to 5119.5.

A report issued at 10.30am (AEDT) showed that consumer confidence picked up by 2 per cent in March, adding to the 7.7 per cent rise in February. This did little to boost investor confidence however with shares extending their losses immediately following the report.

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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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