Australian Stock Market Report – Midday 6/15/2012

After a shaky start the Australian share market is gaining some traction at lunchtime in the East, on the back of a strong rise on Wall Street. Markets there rose on news that major central banks are preparing for controlled action if the Greek elections being held this weekend result in financial market turmoil. After two hours of trade, the All Ordinaries Index (XAO) is up 14pts or 0.3pct to 4103.8.

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