Market Pulse

Midday Market Update: Aussie Trounced

Unsurprisingly, the Aussie market is getting trounced so far today. The local bears have dug their claws right into the market, dragging it 75 points (-1.5%) lower, to 5112. No corner of the market has been spared the carnage, with materials, healthcare and consumer discretionary stocks the worst in show. While offshore leads are sending

Midday Market Update:

After a positive start, the Aussie market has dipped into the red heading into the afternoon session. The ASX200 is presently down two points, at 4919. Financials and healthcare stocks are weighing on the market, while materials are holding up thanks to commodity price gains in Friday’s night international session. In company news, Aquila Resources

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