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The COB from ausbiz
The S&P/ASX200 closed down almost four points Friday to 7,461. That's five in a row on the dark side during a week of some pretty impressive earnings data
Season 2, Ep. 153
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The S&P/ASX200 closed down almost four points Friday to 7,461. That's five in a row on the dark side during a week of some pretty impressive earnings data. The bottom performing company today was Cochlear, down 7.2%, which also doesn't sit entirely right either. But, on the plus side, iron ore futures are finally stemming the losses, even rising late on Friday in Dalian after the key commodity got smacked again last night. The materials sector still heavily lower, the goldies and new metal miners leading the losses this time. Now get some rest, because next week is going to be a cracker.
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