Afternoon Report Tuesday 8 July 2014
Another quiet session out there today, with the ASX 200 closing just 8 points lower to 5,511 following the weakness in US markets overnight.
NAB business confidence data for June came in higher than expectations, however, the market did not rally as a result - concerning.
Alumina (AWC) closed 1.4% higher to $1.44 with investors anticipating a positive report tomorrow.
WinnersNRW Holdings (NHW) +4.2% to $1.00CSR Ltd (CSR) +3.9% to $3.70Southern Cross Media (SXL) +3.7% to $1.125Treasury Wine (TWE) +3.4% to $5.13Independence Group (IGO) +3.3% to $4.71
LosersResolute Mining (RSG) -3.3% to $0.585Arrium Ltd (ARI) -3.0% to $0.82Paladin Energy (PDN) -2.9% to $0.34Beach Energy (BPT) -2.4% to $1.63Breville Group (BRG) -2.4% to $7.79
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