THE Australian equities made it through a volatile morning to be slightly up at noon, but metals, mining, energy, materials and IT capped any major gains. In the US overnight major indices rose moderately although the NASDAQ climbed nearly 1 per cent as Amazon beat analyst estimates by selling a wider array of products online. Falling oil and gold prices hit international resource providers. At 1215 AEST the benchmark S&P/ASX200 index was up 12.6 points, or 0.25 per cent to 5117.4 while the broader All Ordinaries found 4.6 points, or 0.09 per cent to 5165.6. The September share price index futures contract rose five points to 5106 on volume of 10,154 contracts. Nomura equities strategist Eric Betts said the volatility would likely continue on the local markets but there was some sense that credit markets turmoil was easing...
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