- The ASX 200 had a real roller coaster ride early in the day as witnessed by the chart below. The ASX 200 finishing the day up 30 points to 5,198.
- The Energy sector (+7%) pushed the market higher with Woodside Petroleum up 6% to $32.10, Caltex (CTX) up 99c (3.1%) to $33.00 and Santos (STO) up 12% to $5.07..
- The banks were generally better with Australia New Zealand Bank (ANZ) up 16c to $27.72, National Australia Bank (NAB) up 27c to $31.19 and Westpac Bank (WBC) up 16c to $30.52. Commonwealth Bank managed just to scrape into the black, up 4c to $75.00.
- The big miners were well sort after, with BHP Billiton (BHP) up 38c to $24.26, RIO Tinto (RIO) pushing through $52 late in the day to close up $1.66 to $52.18.
- Gold stocks performed well after the price jumped last night. Newcrest Mining (NCM) continued to move up, finishing up 4.0% to $14.58, Regis Resources (RRL) up 2.5% to $1.86; whilst OceanaGold Corp (OGC) jumped 26c (12%) to $2.37.
Best Sector – Energy
Worst Sector – Industrials
Winners
WorleyParsons Ltd (WOR) +$0.39, or (+5.7%) to $7.25
Fortescue Metals Group Ltd (FMG) +$0.125, or (+6.3%) to $2.10
Origin Energy Ltd (ORG) +$0.54, or (+9.7%) to $6.10
Crown Resorts Ltd (CWN) +$0.14, or (+1.3%) to $11.28
Losers
G8 Education Ltd (GEM) -$0.01, or (-0.4%) to $2.92
Nine Entertainment Co Holdings (NEC) -$0.025, or (-1.6%) to $1.57
Qantas (QAN) -$0.14, or (-3.6%) to $3.72
Bluescope Steel (BSL) -$0.15, or (-3.9%) to $3.70
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 7/10/2015. 4.30PM.
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