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Afternoon Report 17/09/2015

Afternoon Report Thursday 17 September 2015

  • The ASX 200 had a mixed day, interspersed with a technical breakdown in the Sydney Futures Market (SFM) just before 1.00pm, which also affected the equity market until 3.00pm, when the plug was put back in to restart the system. From there, the market sold off, leading into what may become a critical turning point in the market tonight with the US F.O.M.C. due announce their decision on interest rates.
  • The ASX 200 index finished up 48 points (+0.9%) to 5,146, after trading as high as 5,194 this morning.
  • As yesterday, the strongest sector was energy. Again Woodside Petroleum (WPL) had a good day finishing up 85c (+3%) to $29.95, whilst Santos (STO) was up 10c (+2%) to $5.00.
  • In the retail sector, OrotonGroup (ORL) rallied 4.5% higher to $2.34 despite reporting its FY15 full year profit 68% lower than the previous 2014.

Best Sector – Energy

Worst Sector – Health Care

Winners
AWE Ltd (AWE) +$0.1, or (+16.1%) to $0.72
Independence Group NL (IGO) +$0.18, or (+6.0%) to $3.18
UGL Ltd (UGL) +$0.1, or (+5.3%) to $1.97
Northern Star Resources Ltd (NST) +$0.11, or (+5.0%) to $2.32

Losers
Ansell Ltd (ANN) -$0.37, or (-1.8%) to $19.9
G8 Education Ltd (GEM) -$0.12, or (-3.7%) to $3.13
BlueScope Steel Ltd (BSL) -$0.16, or (-3.8%) to $4.04
Kathmandu Holdings Ltd (KMD) -$0.08, or (-5.8%) to $1.31

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 17/09/2015. 4.27PM.
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