Our Blog

Cat and mouse with 6,000: ASX200 closes 5 points lower

29 Nov 2017 – Market Wrap: Over half of the market saw gains today but sour afternoon sentiment saw a few more entering negative territory. Advertising rivals Oohmedia (ASX:OML) gained over 4 per cent and APN Outdoor (ASX:APO) rose over 3 per cent. Navitas (ASX:NVT) announced an 8 per cent rise in student enrollments. BHP Billiton (ASX:BHP) announced a raft of plans to improve its Australian operations, such as dropping its unit costs by a further 10 per cent. Origin Energy (ASX:ORG) has reaffirmed its FY18 EBITDA will be in the range of $1.7 to $1.8 billion while its net debt will reduce. Slater and Gordon (ASX:SGH) shares rose 36 per cent.

Source: Finance News Network

Share this post