Afternoon Report Friday 22 August 2014
The ASX 200 closed 7 points higher at 5,646, its seventh straight day closing higher.
The energy sector traded well today, after Santos (STO) surprised investors, announcing its dividend above consensus.
As anticipated, the Iron Ore sector traded poorly today, with BHP Billiton (BHP) closing 23c lower at $37.80 and Fortescue Metals (FMG) closing down 6c to $4.42. See this morning’s report.
Best Sector – UtilitiesWorst Sector – Telecommunications ServicesWinnersMermaid Marine (MRM) +$0.15 to $2.32Buru Energy (BRU) +$0.045 to $0.855Santos Ltd (STO) +$0.0.57 to $15.16Breville Group (BRG) +$0.27 to $7.37Reject Shop (TRS) +$0.35 to $9.67
LosersAtlas Iron (AGO) -$0.055 to $0.63Mount Gibson (MGX) -$0.035 to $0.71Arrium (ARI) -$0.035 to $0.825Independence Group (IGO) -$0.18 to $4.50Metcash (MTS) -$0.09 to $2.83
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