Midday Report Thursday
MARKET AT MIDDAY The ASX 200 is up 53 points to 7455 (+0.7%) building on a flat start to push ahead. Banks the standouts. MQG AGM underwhelms. Mining stocks and iron ore giants, suffering small losses Rio Tinto (RIO) fell 2.2% as its half-year profit declined by 34% due to weaker commodity prices, missing analyst expectations for both underlying results and dividends. Fortescue Metals (FMG)…