Afternoon Report Tuesday 21 October 2014
The ASX 200 closed marginally higher, up 6 points to 5,325 after trading as high as 5345 earlier today.
The resources sector traded higher, ahead of the today’s China Data, where it’s GDP for the year reported slightly higher than expected. RIO Tinto (RIO) closed 24c higher at $59.97, while BHP Billiton (BHP) closed 9c lower at $33.75.
The banking sector assisted with the broad weakness, closing mixed, with CBA closing 8c lower at $77.18 and Westpac (WBC) down 16c at $33.41, while National Australia Bank (NAB) closed 8c higher at $33.52
Macquarie Atlas Roads (MQA) reported positive 3rd quarter toll revenue and traffic statistics, closing 17c higher at $3.04.
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