- A positive, but choppy session today in the ASX 200, trading as high as 5269 by mid-day, before fading back to close 60 points higher (+1.2%) at 5,233.
- The Banking Sector continued to drive the broader market higher – ANZ was the strongest link rallying 1.8% at $28.57.
- Reporting Season continues .
- Nine Entertainment (NEC) closed 3.5% higher at $1.50 as investors welcomed their full year 2015 results, despite reporting at 2.9% lower from previous year.
- Ramsay Health Care (RHC) closed 5.5% higher at $63.68after reporting a net profit rise of 27%.
- Billabong (BBG) closed 2.4% higher at $0.645 as investors see a recovery in the company.
- Flight Centre (FLT) soared 11.5% after forecasting a solid earnings for the year ahead.
- Volatility eased off today, however, we still expect a choppy few sessions.
Best Sector – Utilities
Worst Sector – Materials
Winners
Paladin Energy Ltd (PDN) +$0.03, or (+18.2%) to $0.195
Flight Centre Travel Group Ltd (FLT) +$3.72, or (+11.5%) to $36.01
Select Harvests Ltd (SHV) +$1.14, or (+10.3%) to $12.17
Pacific Brands Ltd (PBG) +$0.045, or (+9.3%) to $0.53
Losers
Seven Group Holdings Ltd (SVW) -$0.26, or (+5.6%) to $4.93
WorleyParsons Ltd (WOR) -$0.43, or (-5.3%) to $7.70
Boral Ltd (BLD) -$0.50, or (-8.0%) to $5.78
Bradken Ltd (BKN) -$0.12, or (-9.5%) to $1.145
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 27/08/2015. 4.23PM.
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