- The ASX 200 ended the trading week on a very quiet and dull note with the market closing up 15 points (+0.3%) to 5,183. For the week it closed up 17 points (+0.3%).
- 3 of the big 4 banks closed higher, with WBC being the weakest link ending its day off only 1c to $32.68, while CBA rallied 1% to $78.16.
- The Resource sector outperformed the broader market, with BHP rallying 4.7% higher to $18.10, while RIO closed 1% higher at $44.15 after announcing copper executive, Jean-Sebastien Jacques as CEO to succeed Sam Walsh.
- Treasury Wines Estate (TWE) lost 3.9% to $9.13, following a broker note cutting its outperform stance to neutral.
* Please watch out for the weekend report.
Best Sector – Materials
Worst Sector – Health Care
Winners
Northern Star Resources Ltd (NST) +$0.31, or (+8.8%) to $3.82
Costa Group Holdings Ltd (CGC) +$0.24, or (+8.7%) to $3.00
Evolution Mining Ltd (EVN) +$0.11, or (+6.8%) to $1.725
AWE Ltd (AWE) +$0.045, or (+6.5%) to $0.74
Losers
Southern Cross Media Group Ltd (SXL) -$0.05, or (-4.2%) to $1.13
Orora Ltd (ORA) -$0.11, or (-4.3%) to $2.47
Sirtex Medical Ltd (SRX) -$1.81, or (-6.0%) to $28.48
Liquefied Natural Gas Ltd (LNG) -$0.045, or (-7.0%) to $0.595
All figures contained from sources believed to be accurate. MarketMatters does not make any representation of warranty as to the accuracy of the figures and disclaims any liability resulting from any inaccuracy. Prices as at 18/03/2016. 4.13PM.
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