Afternoon Report Friday 4 April 2014
The ASX 200 was quiet throughout the whole session, closing up 13 points, with no real standout to pick from the crop.
It seems that no catalyst was present to move any direction of the market as global investors wait for the March non-farm payrolls released tonight.
We are positive with the US economy at present and although we see a 10% retracement looming short term strength is likely.
Volume was quiet today with lack of buying/selling seen across the market.
Skilled Group (SKE) +5.7% to $2.78Buru Energy (BRU) +5.3% to $1.295Bradken (BKN) +4.0% to $4.45Flexigroup Ltd (FXL) +3.8% to $3.57Myer (MYR) +3.6% to $2.33
LosersOZForex (OFX) -3.8% to $3.07Mesoblast (MSB) -3.4% to $5.09Trade Me Group (TME) -3.4% to $3.69G8 Education (GEM) -3.3% to $4.66Seven West Media (SVM) -2.8% to $0.24
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