Afternoon Report Friday 4 July 2014
Following today's purchase of another Blue chip stock as per live alerts to subscribers, please follow the morning commentaries regarding stop loss orders, profit targets and position management.
The ASX 200 followed overnight leads from the US, closing up 34 points at 5,525.
It was a very quiet session today given the US markets are closed tonight for Independence Day. The banking and resource sectors lead the charge pushing the index to a positive close. NAB closing up +1.3% to $33.73 and BHP +0.9% to $37.57.
QBE limited closed 4.3% higher to $11.54 as confidence in the US economy builds up again.
WinnersSirtex Medical (SRX) +7.3% to $18.92Horizon Oil (HZN) +7.0% to $0.38Sirius Resources (SIR) +6.7% to $3.66BC Iron (BCI) +6.0% to $3.52Reject Shop (TRS) +5.5% to $9.66
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