Afternoon Report Friday 27 June 2014
The ASX 200 had a quiet session, closing 20 points weaker after June equity options expiry.
The strength in the Iron Ore sector was not able to support the market, with RIO closing up 16c to $60.06 and Fortescue Metals (FMG) up 8c to $4.55.
The banking sector closed weak, with ANZ closing down 30c to $33.60 and WBC down 26c to $34.17.
Tabcorp (TAH) closed down 5.6% to $3.40 after losing a legal battle against the Victorian government for compensation in losing its gaming licences whilst Tatts Group (TTS) won the first round of the same battle, closing up 2.9% to $3.21.
WinnersPaladin Energy (PDN) +3.4% to $0.305Scentre Group (SCG) +3.2% to $3.25Tatts Group (TTS) +2.9% to $3.21Regis Resources (RRL) +2.5% to $1.64Wotif.com (WTF) +2.5% to $2.48
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