InDaily InDaily

Support independent Journalism Donate Subscribe
Support independent journalism

Markets

Market report: Monday, April 11

Markets

The Australian share market is down, hurt by financial stocks, biotechnology group CSL and retail heavyweight Wesfarmers.

Comments
Comments Print article

The benchmark S&P/ASX 200 is lower with the Commonwealth Bank down 20 cents at $70.56 and investment bank Macquarie Group slipping 31 cents to $62.03.

Westpac has fallen 23 cents to $28.29, ANZ has slipped seven cents to $22.21 and National Australia Bank is down 21 cents at $24.92.

CSL is $1.19 lower at $100.01 and Wesfarmers has lost 53 cents to $39.80.

Bucking the trend are resource and energy companies, with Rio Tinto up 46 cents at $43.72.

A sharp rally in crude oil has helped lift Woodside Petroleum and BHP Billiton. They’re up 21 cents at $25.15 and 14 cents at $16.32, respectively.

KEY FACTS:

* At 1210 AEST, the benchmark S&P/ASX200 index was down 19.7 points, or 0.04 per cent, at 4,917.9.

* The broader All Ordinaries index was down 17.9 points, or 0.36 per cent, at 5,001.

* The June share price index futures contract was down 10 points at 4,901 points, with 12,617 contracts traded.

* National turnover was 1.16 billion securities traded, worth $1.53 billion.

AAP

Make a comment View comment guidelines

Local News Matters

Media diversity is under threat in Australia – nowhere more so than in South Australia. The state needs more than one voice to guide it forward and you can help with a donation of any size to InDaily. Your contribution goes directly to helping our journalists uncover the facts. Please click below to help InDaily continue to uncover the facts.

Donate today
Powered by PressPatron

Comments

Show comments Hide comments
Will my comment be published? Read the guidelines.

More Markets stories

Loading next article