- The ASX 200 climbed on the opening, but it was short lived as the market slipped into the red around 1.00pm. The market finished down 8 points to 5,202. For the week, the index lost 1.1%
- The energy sector was up today with Woodside Petroleum (WPL) up 2.2% to $30.25, Origin Energy (ORG) was up 1.1% to $5.60 and Caltex (CTX) closing up 1.4% to $34.25.
- Slater & Gordon (SGH) continued to draw in the sellers, with the stock closing down 25c to 69c down another 27%. The stock has lost just over 74% for the week.
- RIO Tinto (RIO) announced today they are expanding into the bauxite market, spending $1.9b on their South of Embley project in Queensland. RIO finished the day down 26c to $46.23.
Best Sector – Energy
Worst Sector – Utilities
Winners
Mesoblast Ltd (MSB) +$0.24, or (+15.5%) to $1.79
Retail Food Group Ltd (RFG) +$0.25, or (+6.0%) to $4.42
JB Hi-Fi Ltd (JBH) +$0.88, or (+4.7%) to $19.65
Qantas Airways Ltd (QAN) +$0.15, or (+4.1%) to $3.78
Losers
OZ Minerals Ltd (OZL) -$0.12, or (-2.9%) to $3.97
SEEK Ltd (SEK) -$0.55, or (-3.8%) to $13.86
Spark Infrastructure Group (SKI) -$0.18, or (-8.7%) to $1.88
Slater & Gordon Ltd (SGH) -$0.25, or (-26.6%) to $0.69
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 26/11/2015. 4.14PM.
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