- Well, we’ve actually had two days up in succession, the first time since 18th Sept! Today was a strong performance with the banking sector one of the main contributors. The ASX 200 finished up 90 points (1.8%) to 5,112.
- Even though the Shanghai market is closed until next Thursday, there was a release of the Purchasing Managers sector (PMI) which came in marginally better at 49.8, consensus was for 49.7.
- This helped the market kick on, and we reached a high of 5,116 (95 points)
- Corporate news today was on Oz Minerals (OZL) where it was reported that private equity firm KKR has taken a 10%.
- The banks were strong with Westpac (WBC) up 2.3% to $30.39 and again Commonwealth Banks (CBA) again one of the strongest, up 2.1% to $74.27.
- Resources were in the mix but quiet, with RIO Tinto (RIO) up 2% to $49.58 and BHP Billiton (BHP) up also 2% to close at $22.68. Fortescue Metals (FMG) was disappointing, down 1.4% to $1.80.
Best Sector – Energy
Worst Sector – Info Technology
Winners
OZ Minerals Ltd (OZL) +$0.64, or (+19.3%) to $3.95
Bradken Ltd (BKN) +$0.08, or (+8.0%) to $1.08
Vocus Communications Ltd (VOC) +$0.43, or (+7.3%) to $6.31
WorleyParsons Ltd (WOR) +$0.33, or (+5.6%) to $6.24
Losers
Newcrest Mining Ltd (NCM) -$0.15, or (-1.2%) to $12.55
Fortescue Metals Group Ltd (FMG) -$0.025, or (-1.4%) to $1.795
Ainsworth Game Technology Ltd (AGI) -$0.04, or (-1.4%) to $2.76
SKILLED Group Ltd (SKE) -$0.075, or (-4.4%) to $1.635
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 30/09/2015. 4.30PM.
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