Australian Investment Blog

Afternoon Report 09/12/2014

Afternoon Report Tuesday 9 December

· Murray Enquiry Key Takeaways 8th December

· Market Update 8th December 2014, Banks & Gold plus

· The ASX 200 had a miserable day as anticipated, ending down 90 points at 5283.

· The weakness was led by the commodities sector; with BHP down 4.1% to $28.88 – it’s lowest in 5 years!

· The Aussie battler - $A sold off today, down to $0.8224 with further retracements expected to follow.

· Santos (STO) ended 7.2% lower at $7.70 after the S&P downgraded its credit rating overnight.

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