Financials gain, miners weight: Aus shares close 0.5% higher
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05 Apr 2018 - Market Wrap: ASX200 rises for second day in a row with financials mustering up and miners weighing. ASX absorbed better than expected economic news. Leading annuity provider Challenger (ASX:CGF) saw a lot of shine, up 2.3 with the big banks following and CBA (ASX:CBA) out in front. Orocobre (ASX:ORE) advised its production fell about 30 per cent in the March quarter which disappointed shareholders who sold down the stock today, which saw it lose about six months of gains. Click for full report.
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SUMMARY
05 Apr 2018 - Market Wrap: ASX200 rises for second day in a row with financials mustering up and miners weighing. ASX absorbed better than expected economic news. Leading annuity provider Challenger (ASX:CGF) saw a lot of shine, up 2.3 with the big banks following and CBA (ASX:CBA) out in front. Orocobre (ASX:ORE) advised its production fell about 30 per cent in the March quarter which disappointed shareholders who sold down the stock today, which saw it lose about six months of gains. Click for full report.
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