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Australian Investment Blog

Afternoon Report 21/03/2014

Afternoon Report Friday 21 March 2014

The ASX 200 followed overnight leads from the US, closing +44 points higher with OTH the banking and mining sectors posting gains. CBA finished the day +69c, NAB +26c, BHP +38c & RIO +57c.

Interestingly, trading volumes were their largest of the past 15 sessions as quarterly portfolio rebalancing started filtered into the market.

We remain to trade cautiously, as this market is in a zig-zag bull market, where set trading plans should be adhered to.

Please watch out for The Hickman Report over the weekend.

Energy World Corp (EWC) +8.8% to $0.31

Silver Lake Resource (SLR) +6.7% to $0.475


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