Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Economics

Market wrap - midday

The Australian stock market had surged into record territory at noon, with Rio Tinto's $44 billion takeover bid for Canadian aluminum producer Alcan underpinning solid gains in the resources sector. At 1200 AEST the benchmark S&P/ASX200 was 44.5 points higher at 6407.9, while the all ordinaries had gained 41.7 points to 6441.8.

Upgrade your subscription to access this article

And gain access to:
  • All website content, including archived news
  • Home page news customisation
  • Tech Zone, your technical resource library
And more
Already A Subscriber?