- After an explosive move in the ASX 200 yesterday, it wasn’t expected to see consolidation today, with the broader market ending only 13 points higher to 5,256.
- The Financials continued to provide alpha, with Macquarie Group ending 0.6% higher to $83.00, while Commonwealth Bank (CBA) closed 0.9% higher to $79.83.
- In the materials front, Rio Tinto (RIO) had a volatile session, trading as high as $49.90 this morning, only to reverse and end 0.1% lower to $48.61, while Fortescue Metals (FMG) was the weakest link and closed 3.7% lower to $2.09.
- In the consumer staples sector, Wesfarmers (WES) outperformed, up 0.8 to $39.01.
- Slaters & Gordon (SGH) slumped 12.1% lower to $2.68 after presenting to its shareholders its results of meeting and adjusts its profit figures.
Best Sector – IT
Worst Sector – Energy
Winners
Austal Ltd (ASB) +$0.13, or (+5.7%) to $2.43
InvoCare Ltd (IVC) +$0.61, or (+5.6%) to $11.43
Mineral Resources Ltd (MIN) +$0.26, or (+5.6%) to $4.9
Myer Holdings Ltd (MYR) +$0.045, or (+4.6%) to $1.03
Losers
Mesoblast Ltd (MSB) -$0.125, or (-6.8%) to $1.705
Primary Health Care Ltd (PRY) -$0.27, or (-7.5%) to $3.33
Liquefied Natural Gas Ltd (LNG) -$0.17, or (-11.6%) to $1.30
Slater & Gordon Ltd (SGH) -$0.12, or (-3.8%) to $2.68
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 20/11/2015. 4.14PM.
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