Afternoon Report Friday 28 March 2014
The ASX 200 was solid today, closing up 16 points after trading -22 points lower intraday.
The reverse of the lows were seen in both the bank and resource sectors sectors as value buyers came in late for the third time this week. BHP closed up +16c, RIO +6c & CBA +58c.
Volume remains thin as investors hold bank positions heading into the dividend period.
WinnersDrillsearch Energy (DLS) +6.3% to $1.68TPG Telecom (TPM) +5.9% to $6.69Navitas Ltd (NVT) +5.8% to $7.33Kathmandu (KMD) +5.3% to $3.55Alumina (AWC) +5.3% to $1.20
LosersLynas Corp (LYC) -4.4% to $0.215Beadell Resources (BDR) -4.1% to $0.59Regis Reosources (RRL) -4.0% to $2.19Challenger (CGF) -2.2% to $6.31Orora Ltd (ORA) -2.2% to $1.36
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