Afternoon Report Thursday 24 April 2014
The ASX200 closed more-or-less flat on low volumes, adding just 5 points to end +0.1% higher at 5,523.
Three of the big 4 banks traded well today with ANZ continuing recent strength adding +0.1% to close at $34.61. CBA was the laggard closing -22c, or -0.3%, at $78.79.
Gold stocks recovered some of their recent losses as global investors look to buy safe-haven assets in the current market. Newcrest (NCM) closed +1.3% at $10.25 whilst OceanaGold (OGC) closed +3.4% at $2.47.
WinnersTransfield (TSE) +6.0% to $0.89Ten Network (TEN) +5.8% to $0.275G8 Education (GEM) +5.7% to $4.82Goodman Fielder (GFF) +4.8% to $0.55Resolute Mining (RSG) +4.0% to $0.645
LosersMount Gibson (MGX) -3.8% to $0.77Bradken (BKN) -2.8% to $4.47Whitehaven Coal (WHC) -2.8% to $1.56TPG Telecom (TPM) -2.6% to $5.97Wotif.com (WTF) -2.2% to $2.68
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