Markets

Australian Stock Market Report – Midday12/19/2012

MID-SESSION REPORT

(12pm AEDT)

The Australian sharemarket continues its stellar run, with the All Ordinaries Index (XAO) improving modestly once again. Of the last 23 sessions, the Aussie market has ended higher on 17 occasions and has only finished in the red once in 9 trading days. The XAO is up by 0.5 per cent or 22.6 pts to 4633.1.

Global markets ended higher overnight, which has given us a positive lead to work with in early trade. A reading on the health of North America's housing market highlighted an ever improving U.S property story.

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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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