• The ASX 200 finished the first day of the month on a weak note, down 20 points to 5,679 note it is Bank Holiday today.
• With the holiday today, the market was extremely quiet, with the banks and resource stock down.
• Commonwealth Bank (CBA) finished down 19c (-0.2%) to $87.37, Australia New Zealand Bank (ANZ) unchanged at $32.68, Westpac Bank (WBC) down 1c to $34.85 and finally National Australia Banks (NAB) down 18c (-0.5%) $34.59.
• BHP Billiton (BHP) finished down 27c (-1.0%) to $27.18, RIO Tinto (RIO) down 66c (-1.3%)to $52.20.
• G8 Education (GEM) rose 2.9% higher at $3.50 as shareholders welcomed its increased bid for Affinity Education to $0.80.
• All eyes will now be on whether the RBA reduces its interest rate tomorrow. Currently there is 93% consensus that rates will be on hold at 2%.
Best Sector – Information Technology
Worst Sector –Energy
Winners
Ten Network Holdings Ltd (TEN) +$0.008, or (+3.6%) to $0.215
Evolution Mining Ltd (EVN) +$0.033, or (+3.3%) to $1.025
G8 Education Ltd (GEM) +$0.10, or (+2.9%) to $3.50
Northern Star Resources Ltd (NST) +$0.06, or (+2.9%) to $2.15
Losers
Rio Tinto Ltd (RIO) -$0.76, or (-1.4%) to $52.20
ASX Ltd (ASX) -$0.68, or (-1.5%) to $43.86
Iluka Resources Ltd (ILU) -$0.23, or (-2.9%) to $7.68
UGL Ltd (UGL) -$0.165, or (-8.3%) to $1.82
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 03/08/2015. 4.30PM.
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