ASX All Ords burrows down in search for leads
Date
5/31/2016 5:47:18 AM
(MENAFN- ProactiveInvestors - Australia)
The Australian equity
market was sold off sharply at the open of trade today, before recovering some losses during the session.
The Australian All Ordinaries ended the day down 0.5% at 5448. The index though is still up 9.5% since its lows in April.
Wall Street was closed overnight for the Memorial Day holiday.
BLUE CHIP ROUND-UP Major miners
BHP Billiton (ASX:BHP) down 0.1% to $19.21; Fortescue Metals Group (ASX:FMG) up 0.7% to $3.00; Newcrest (ASX:NCM) up 1.2% to $19.04; Rio Tinto (ASX:RIO) up 0.1% to $44.82.
Energy or Oil and Gas
Oil Search (ASX:OSH) down 1.6% to $6.77; Santos (ASX:STO) down 0.2% to $4.55; Woodside Petroleum (ASX:WPL) down 2.4% to $27.39.
Big 4 banks
ANZ Bank (ASX:ANZ) down 0.8% to $25.48; Commonwealth Bank (ASX:CBA) down 1.0% to $77.37; National Australia Bank (ASX:NAB) down 0.3% to $27.17; Westpac (ASX:WBC) down 0.6% to $30.70.
Other banks, financials and industrials
AMP (ASX:AMP) down 1.0% to $5.64; Bank of Queensland (ASX:BOQ) down 0.8% to $11.63; Bendigo and Adelaide Bank (ASX:BEN) down 0.1% to $10.24; Macquarie Group (ASX:MQG) up 0.7% to $74.87; Suncorp (ASX:SUN) up 0.3% to $12.98; Telstra (ASX:TLS) down 1.4% to $5.59.
Retailers
JB Hi-FI (ASX:JBH) down 1.1% to $23.32; Wesfarmers (ASX:WES) down 2.1% to $40.63; Woolworths (ASX:WOW) down 1.2% to $22.12.
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