- A volatile session was witnessed today in the ASX 200 as expected, as the sea of red continues to spread and land mines being hit.
- The ASX 200 closed 59 points lower (-1.2%) at 4,932, after hitting a low of 4,880. Iron Ore and Oil remaining to be negative in Asia trade. Iron Ore is currently down 2.1%, while Oil is off 2.1%.
- A landmine was hit yet again, this time with ISelect (ISU) down 39.1% to $0.67 after warning its investors with an updated and disappointing earnings guidance.
- With Iron Ore down, BHP slumped by 4.9% to close at $15.55, while the Big 4 also contributed in today’s weakness. Westpac (WBC) was a the weaker link, losing 1.4% to $30.56.
Best Sector – IT
Worst Sector – Materials
Winners
Slater & Gordon Ltd (SGH) +$0.045, or (+6.5%) to $0.735
ALS Ltd (ALQ) +$0.17, or (+4.7%) to $3.75
Whitehaven Coal Ltd (WHC) +$0.025, or (+4.2%) to $0.62
Carsales .com Ltd (CAR) +$0.37, or (+3.3%) to $11.67
Losers
Spotless Group Holdings Ltd (SPO) -$0.055, or (-5.6%) to $0.92
Beach Energy Ltd (BPT) -$0.03, or (-6.5%) to $0.43
AWE Ltd (AWE) -$0.035, or (-7.2%) to $0.45
Austal Ltd (ASB) -$0.25, or (-17.4%) to $1.19

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 11/01/2016. 4.20PM.
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