- The guessing game on the US interest rates had ended, and volatility has definitely dropped, as the ASX 200 rallied 73 points (+1.5%) to 5,102.
- The big 4 banks all lifted, contributing the most in the broader market’s rally. Commonwealth Bank (CBA) inched 2% higher to $80.69, while Westpac (WBC) outperformed the other 3, ending its day 2.3% higher to 32.18.
- Investors gave up their faith in Slaters & Gordon (SGH), after announcing to the market they have withdrawn their FY16 guidance. SGH disappointingly closed 17.2% lower to $0.89.
- The miners closed mixed, BHP closed 0.9% lower to $17.02 and Fortescue Metals (FMG) down 3.4% to $1.835, while RIO rallied 0.8% to $43.36.
Best Sector– Health Care
Worst Sector – Energy
Winners
Mesoblast Ltd (MSB) +$0.24, or (+15.3%) to $1.805
APN News & Media Ltd (APN) +$0.05, or (+11.0%) to $0.505
Syrah Resources Ltd (SYR) +$0.30, or (+9.1%) to $3.58
Independence Group NL (IGO) +$0.17, or (+7.7%) to $2.37
Losers
Primary Health Care Ltd (PRY) -$0.08, or (-3.4%) to $2.25
Beach Energy Ltd (BPT) -$0.02, or (-4.4%) to $0.435
ALS Ltd (ALQ) -$0.18, or (-4.9%) to $3.50
Slater & Gordon Ltd (SGH) -$0.185, or (-17.2%) to $0.89
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 17/12/2015. 4.14PM.
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