Afternoon Report Tuesday 9 September 2014
The ASX 200 had a solid session today, closing 31 points higher at the 5,608.
The turnaround was seen later in the day, with the resources sector supporting the market into positive territory (e.g. BHP closing up 44c at $36.10 and RIO up 75c at $61.77).
As anticipated this morning, the banking sector closed well in the green, albeit National Australia Bank (NAB) closed 3c lower to $34.63 as concerns of its exposure in the United Kingdom was on investors’ agenda.
Newcrest Mining (NCM) closed 21c weaker at $10.51 following the weakness in the gold futures overnight.
Best Sector – Health CareWorst Sector – Industrials
WinnersRegis Resources (RRL) +$0.14 to $1.82Senex Energy (SXY) +$0.04 to $0.595Breville Group (BRG) +$0.35 to $7.95Independence Group (IGO) +$0.21 to $4.77Aristocrat Leisure (ALL) +$0.24 to $5.71
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