Afternoon Report Tuesday 10 June 2014
The ASX 200 had a quiet session after a long weekend, closing +6 points higher after selling off from gains of up to +32 points earlier in the session, closing at 5469.
China PPI for May reported better than expected at -1.4% vs. expectations of -1.5%.
The banking sector was the main driver of in the market, with Commonwealth Bank (CBA) again, reaching all-time highs of $82.685, only to close up 65c to $82.42.
James Hardie (JHX) closed well today, down 15c to $14.11 despite trading ex-dividend of 34.65c as to road to recovery in the US continues to drive the name.
As mentioned this morning, Pacific Brands (PBG) issued a profit guidance downgrade, closing down 8.9% to $0.51
Show more...
You need to be a member to view this article
REGISTER FOR FREE INSTANT ACCESS
Already a member? Login Here
