- The ASX 200 index closed weak towards the end of the week, finishing down 31 points to 5,356 for the day and down 2.2% for the week..
- As with the U.S. market, our index was affected by oil and energy stocks (Oil future is currently of 0.5% at US$42.04/bbl). The worst was Santos (STO), which finished down 9% to $5.99. Woodside Petroleum (WPL) followed with a drop of $1.21 (3.5%) to $32.84, whilst Oil Search (OSH) closed down 22c (3.2%) to $6.70.
- In the Health Care Sector Sonic Healthcare (SHL) announced that they had lost a contract with the Alberta Canada Government. Possibly losing ~C$200 million in revenue. The stock was not treated too badly, finishing down 23c (1.0%) to $20.25.
Best Sector – Consumer Discretionary
Worst Sector – Energy
Winners
Tabcorp Holdings Ltd (TAH) +$0.31, or (+6.7%) to $4.95
Whitehaven Coal Ltd (WHC) +$0.06, or (+6.0%) to $1.06
Ansell Ltd (ANN) +$1.04, or (+5.1%) to $21.24
M2 Group Ltd (MTU) +$0.33, or (+3.2%) to $10.53
Losers
Newcrest Mining Ltd (NCM) -$0.47, or (-4.1%) to $10.95
Origin Energy Ltd (ORG) -$0.46, or (-4.5%) to $9.67
Northern Star Resources Ltd (NST) -$0.11, or (-5.3%) to $1.96
Santos Ltd (STO) -$0.59, or (-9.0%) to $5.99
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 14/08/2015. 4.19PM.
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The author holds an interest in the financial products of ANN, ANZ, BEN, CBA, FMG, NAB, SEK, VOC and WPL.
