Afternoon Report Wednesday 28 May 2014
The ASX200 continued its quiet trading this week, closing 16 points higher today, led both by the resource and banking sector. E.g. BHP +10c to $37.99 & NAB +22c to $33.51.
As mentioned this morning, the gold sector was weak, with Newcrest (NCM) -4.2% to $9.82 and OceanaGold (OGC) -3.5% to $2.51.
Iluka (ILU) closed 6.1% higher to $9.08 after updating investors with a positive production guidance in their AGM today.
OZForex (OFX) continues its decline, closing -2.6% to $2.58 after releasing a profit in its FY14 yesterday.
Tops are hard to predict and patience is required...
WinnersALS Ltd (ALQ) +8.0% to $8.60Iluka Resources (ILU) +6.1% to $9.08Bradken (BKN) +6.0% to $3.56
Show more...
You need to be a member to view this article
REGISTER FOR FREE INSTANT ACCESS
Already a member? Login Here
