Australian Investment Blog

• It was a choppy session, with the ASX 200 trading on its day highs this morning, only to retreat and close 4 points higher at 5973.• It seemed only banking sector could hold the market in positive territory, with the big 4 banks ending higher and ANZ and NAB closing at all-time highs! ANZ +0.8% at $37.19 and National Australia Bank (NAB) +0.9% at $39.29.• The Oil sector also retreated after trading in positive territory this morning. Santos (STO) closed 0.7% lower at $7.34 and Woodside (WPL) down 0.9% at $35.10.• The Consumer Discretionary sector also performed well, with Myer (MYR) rallying 4.4% at $1.415.

Best Sector – Consumer DiscretionaryWorst Sector – Information Technology