Australian Investment Blog

• The ASX 200 had a roller coaster of a day, ending 5 points lower at 5225, after touching its lows of 5204 in the morning, to hitting intraday highs of 5241 shortly after.• The weakness was mainly contributed by the iron ore sector, with Rio Tinto (RIO) down 2.5% at $53.67 and Fortescue Metals (FMG) down 2.0% at $2.42.• The oil sector had a solid day, with Woodside Petroleum (WPL) up 1.2% at $34.60 and Santos (STO) up 2.3% at $7.16.• The Banking sector was not able to hold above water, with ANZ down 0.7% at $31.00 and Westpac (WBC) down 0.6% at $32.05.• Please watch out for the Hickman Report tomorrow.

Best Sector – EnergyWorst Sector – Materials