Afternoon Report Friday 29 May 2015
• The ASX 200 jumped early from its barrier today, trading as high as 5803, on the last trading day of the month and ending 64 points higher (1.1%) at 5777 for the day, only 13 points lower for the month of May!• The Financial Sector was the strongest, up 1.5%, with Commonwealth Bank (CBA) up $1.59 (1.90%) to $85.09 after a high of $85.82, Australia New Zealand Bank (ANZ) up 47c (1.44%) to $33.19, National Australia Bank (NAB) up 88c (2.63%) to $34.32 and Westpac (WBC) up 44c (1.33%) to $33.56. • The Iron Ore and ‘Telco’ Sector also enjoyed a good day. BHP Billiton (BHP) was up 39c (1.34%) to $29.59 and Rio Tinto (RIO) was up 55c to (0.95%) to $58.20. Meanwhile on the Telco’s Telstra finished up 7c (1.14%) to $6.22, TPG Telecommunications (TPM) up 11c (1.23%) to $9.04 and Vocus (VOC) up 11c to $1.92.• The Market truly felt like window dressing today, the last trading day of May.• Please see the Hickman Report tomorrow.
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