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Australian Investment Blog

Afternoon Report 17/04/2014

Afternoon Report Thursday 17 April 2014

The ASX200 had a strong day following on from overnight leads, closing +33 points, albeit it on low volumes.

Banks outperformed the market today with Westpac (WBC) closing +35c or +1.0% at $34.94 and ANZ +23c or +0.7% at $33.88.

Gold stocks were sold off as optimism returns to global markets, with Newcrest Mining (NCM) closing -0.8% at $10.24 and OceanaGold (OGC) -3.3% at $2.35.

Please watch out for our Weekend Hickman Report on Saturday.

Challenger (CGF) +4.2% to $6.72Southern Cross (SXL) +4.2% to $1.375Pacific Brands (PBG) +3.9% to $0.535Senex Energy (SXY) +3.5% to $0.74CarSales.com (CRZ) +3.1% to $10.75

LosersSkilled Group (SKE) -2.1% to $2.75Super Retail (SUL) -2.0% to $10.57Ten Network (TEN) -1.9% to $0.26Cover-More (CVO) -1.9% to $2.08Resolute Mining (RSG) -1.6% to $0.61


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