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Australian Investment Blog

Afternoon Report 17/02/2016

Afternoon Report Wednesday 17 February 2016

  • A frustrating and choppy session experienced today with the broader market. The ASX 200 ended 28 points lower at 4,882 after trading as high as 4,926.
  • The big 4 banks again closed mixed, NAB rallied 2.1% higher at $25.52, while ANZ lost 0.6% at $23.14.
  • The energy sector was hit hard after the rumours of oil production cuts turned out to be false. BHP closed 3.7% lower at $15.98, while Woodside Petroleum (WPL) closed 6.9% lower at $27.49.
  • A couple of winners in the earnings season today, Primary Health Care (PRY) rallied 20.5% higher after posting positive 1H results and confirming its outlook. As with The Reject Shop (TRS), surprising retailers with their sales growth. TRS closed 23.8% higher at $12.50. Dominos Pizza (DMP) just doesn’t stop delivering service with a smile. DMP rallied 6% higher at $55.52 after announcing another profit up grade in its half year results.


Best Sector –Consumer Discretionary
Worst Sector – Energy


Winners
Primary Health Care Ltd (PRY) +$0.45, or (+20.5%) to $2.65
Domino's Pizza Enterprises Ltd (DMP) +$3.16, or (+6.0%) to $55.52
LendLease Group (LLC) +$0.57, or (+4.6%) to $12.84
Coca-Cola Amatil Ltd (CCL) +$0.35, or (+4.1%) to $8.8

Losers
BHP Billiton Ltd (BHP) -$0.61, or (-3.7%) to $15.98
CSL Ltd (CSL) -$3.92, or (-3.7%) to $102.08
Oil Search Ltd (OSH) -$0.28, or (-3.8%) to $7.05
Woodside Petroleum Ltd (WPL) -$2.05, or (-6.9%) to $27.49



All figures contained from sources believed to be accurate. MarketMatters does not make any representation of warranty as to the accuracy of the figures and disclaims any liability resulting from any inaccuracy. Prices as at 17/02/2016. 4.19PM.
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