- Volatility remains, where the ASX 200 experienced a 122 point range with ending the day 78 points lower to 4,909.
- The BHP outperformed the broader market, rallying 3% from its day lows to close 11c higher (+0.7%) at $14.88
- The Big 4 banks all led the market lower, with National Australia Bank (NAB) being the weakest link, closing $0.57 lower, (-2.1%) at $27.11.
- Safety concerns remain across the globe, reports of an explosion and gun shots heard in Indonesia’s capital, Jakarta.
- RIO lost ground today, down 1.8%to $38.85 despite management announcing a pay freeze this year as an avenue to help reduce cost during this tough time in Commodities.
Best Sector – Materials
Worst Sector – Energy
Winners
Regis Resources Ltd (RRL) +$0.07, or (+3.2%) to $2.28
Newcrest Mining Lts (NCM) +$0.50, or (+4.0%) to $13.06
Evolution Mining Ltd (EVN) +$0.075, or (+5.7%) to $1.385
Northern Star Resources Ltd (NST) +$0.14, or (+5.6%) to $2.66
Losers
Karoon Gas Australia Ltd (KAR) -$0.115, or (-7.4%) to $1.445
Santos Ltd (STO) -$0.25, or (-8.0%) to $2.86
Mesoblast Ltd (MSB) -$0.165, or (-9.0%) to $1.675
Liquefied Natural Gas Ltd (LNG) -$0.08, or (-12.6%) to $0.555
All figures contained from sources believed to be accurate. MarketMatters does not make any representation of warranty as to the accuracy of the figures and disclaims any liability resulting from any inaccuracy. Prices as at 14/01/2016. 4.20PM.
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