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Australian Investment Blog

Afternoon Report 13/03/2015

Afternoon Report Friday 13 March 2015

• Profit taking was seen today, with the ASX 200 down 36 points at 5,815.• Subscribers would have receive a live alert in taking profit in our iiNet (IIN) this morning. IIN closed 24.8% higher at $8.50.• Fortescue Metals (FMG) outperformed the Iron Ore sector, ending 4.4% at $2.00. RIO closed 0.4% lower at $57.30• The banking sector retreated, with Commonwealth Bank (CBA) down 0.5% at $91.32 and Macquarie Group (MQG) down 1.6% at $75.39• Please watch out for the Hickman Report tomorrow.

Best Sector –IndustrialsWorst Sector – Information Technology

Winners iiNET Ltd (IIN) +$1.69, or (+24.8%) to $8.50TPG Telecom Ltd (TPM) +$1.37, or (+17.7%) to $9.11Vocus Communications Ltd (VOC) +$0.49, or (+8.7%) to $6.12Fortescue Metals Group Ltd (FMG) +$0.085, or (+4.4%) to $2.00 Losers Domino's Pizza Enterprises Ltd (DMP) -$1.26, or (-3.4%) to $35.47Healthscope Ltd (HSO) -$0.08, or (-2.7%) to $2.91APN News & Media Ltd (APN) -$0.025, or (-2.6%) to $0.925Santos Ltd (STO) -$0.19, or (-2.6%) to $7.11


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