Markets

Australian Stock Market Report – Midday 3-20-13

MID-SESSION REPORT

12.30pm (AEDT)

The Australian sharemarket is falling for the third straight day, taking the losses for the week to almost 3 per cent. The All Ordinaries Index (XAO) down 0.74 per cent and has slipped below the key 5000.0 point level for the first time this month.

The Cypriot parliament made its decision to vote against the controversial one-off tax on bank deposits overnight. This was a requirement to receive €10 billion worth of assistance funds from lenders.

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.

Other Topics

Commodities

Latest Markets Videos