Afternoon Report Thursday 29 October 2014
A fairly quiet day today, no doubt in anticipation of Federal Reserve events in the U.S. tonight. The ASX 200 steadily declining from morning highs to close down 5 points at 5448.
The banking sector was out of favour slightly today, Westpac Banking Corp (WBC) fared worst, down 2.1% at $34.17, closely followed by ANZ Banking (ANZ) down 1.4% at $32.93.
Materials held firm, BHP Billiton (BHP) and RIO Tinto (RIO) up slightly, closing up $33.78 and $59.65 respectively. The Sector stand out was Bluescope Steel (BSL), up 5% to close at $5.29.
JB Hi-Fi (JBH) surged as much as 11% higher intraday after announcing it was on track to meet financial year growth targets, finishing up $1.33 or 9% at $16.10.
Show more...
You need to be a member to view this article
REGISTER FOR FREE INSTANT ACCESS
Already a member? Login Here
