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AUSTRALIAN STOCKS CLOSE THE WEEK 1.5% AHEAD: What you need to know

Business Insider Australia logo Business Insider Australia 2 days ago Chris Pash

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Australian shares closed marginally weaker today but ended the week well in front.

Today’s scoreboard:

  • S&P ASX 200. 5,805.80 -10.51 -0.18%
  • All Ordinaries. 5,851.00 -12.02 -0.21%
  • AUD/USD: 0.7710 +0.0013 +0.17%

The local market held on above the key 5800 mark on the ASX200 index to close the week almost 1.5% ahead.

The banks were mixed, with investors rewarding to ANZ for a good quarterly result but selling down the NAB. The ANZ closed 1.85% higher at $30.77 while the NAB was down 0.38% to $31.71.

The big miners lost ground with Rio Tinto shedding 2.14% to $67.79 and BHP 1.1% to $26.64.


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