- The ASX 200 performed well today following on from last night’s strong move in the U S markets. The index finished up 52 points (+1%) to 5,319.
- The banks were the stand out today with some strong buying pushing the sector up 1.5%. Westpac Bank (WBC) was the strongest of the majors, up 64c (1.9%) to $33.66. National Australia Bank was a bit further back, up 42c (+1.4%) to $30.33. Australia New Zealand Bank (ANZ) closed up 33c (+1.2%) to $27.96, whilst Commonwealth Bank (CBA) closed the day up $1.07 (+1.3%) to $85.57.
- The Resources were still lagging the market, even after a relatively better night in Iron Ore and Oil, as Oil lost 1.9% in Asian trade today. BHP Billiton (BHP) closed down 2c to (-0.1%) $18.09 after hitting a low of $17.90, whilst RIO Tinto (RIO) finished up only 1c to $44.78 after a low of $44.34.
Best Sector – Health Care
Worst Sector – Materials
Winners
Mesoblast Ltd (MSB) +$0.065, or (+3.7%) to $1.825
Select Harvests Ltd (SHV) +$0.30, or (+3.7%) to $8.45
Super Retail Group Ltd (SUL) +$0.37, or (+3.3%) to $11.47
Liquefied Natural Gas Ltd (LNG) +$0.025, or (+3.2%) to $0.815
Losers
Monadelphous Group Ltd (MND) -$0.18, or (-2.7%) to $6.60
Regis Resources Ltd (RRL) -$0.06, or (-2.5%) to $2.32
Northern Star Resources Ltd (NST) -$0.09, or (-3.1%) to $2.77
BlueScope Steel Ltd (BSL) -$0.22, or (-4.9%) to $4.29
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 30/12/2015. 4.14PM.
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