Afternoon Report Monday 21 December 2015
- A quiet session was experienced today and will likely be for the remainder of the week, as investors shift away from the markets and focus on the festive season.
- The ASX 200 gained only 2 points (+0.1%) to 5,109, after trading near its lows of 5,075 earlier in the morning, maybe the hope for a Christmas Rally remains.
- The Banks closed mixed, ANZ was the strongest link, rallying 1.2% higher to $26.79, while WBC closed 0.9% lower at $32.25.
- Dairy company, A2 Milk (A2M) continued to soar, up 14.1% to $1.58 after trading 33.8% higher last Friday. Investors embraced the company’s comments of a profit upgrade as A2M can’t meet consumers’ demand.
- With talks of Crown Resorts (CWN) looking to privatise its company, James Packer stepped down as director earlier today, helping CWN to rally 4.1% higher to $12.08.
Best Sector – Energy
Worst Sectors – Telcos/Health Care
Winners
Liquefied Natural Gas Ltd (LNG) +$0.06, or (+8.8%) to $0.745
Slater & Gordon Ltd (SGH) +$0.065, or (+7.8%) to $0.895
Ten Network Holdings Ltd (TEN) +$0.01, or (+6.5%) to $0.165
Blackmores Ltd (BKL) +$10.22, or (+5.0%) to $214.77
Losers
Mesoblast Ltd (MSB) -$0.08, or (-4.5%) to $1.715
Whitehaven Coal Ltd (WHC) -$0.035, or (-5.2%) to $0.635
Sigma Pharmaceuticals Ltd (SIP) -$0.045, or (-5.4%) to $0.795
Austal Ltd (ASB) -$0.085, or (-5.4%) to $1.475
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 21/12/2015. 4.14PM.
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