Afternoon Report Monday 5 January 2015
• It was a choppy session for the ASX 200 today, closing only 14 points higher at 5450, with a range of 40 points.• The banking sector closed mixed, with Westpac (WBC) down 0.3% at $33.16 versus Commonwealth Bank (CBA), up 0.2% at $85.95.• The Gold sector outperformed the market, with Newcrest (NCM) ending the day up 49c, or +4.5% at $11.45 and Regis Resources (RRL) up 5.5c, or +2.8% at $1.995, as it seems some short covering was apparent today.• The New Zealand 50 index had a great start to the year, ending its trading day at record highs, up 34 points at 5603.
Best Sector – UtilitiesWorst Sector – Consumer Staples
WinnersMineral Resources (MIN) +$0.51, or (+6.5%) to $8.37Newcrest Mining (NCM) +$0.49, or (+4.5%) to $11.45UGL Limited (UGL) +$0.12, or (+5.5%) to $2.30Regis Resources (RRL) +$0.055, or (+2.8%) to $1.995
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