Market Close 25 Nov 14: Market retreats 0.5% losing half of yesterday’s gains •Mining and energy stocks were the worst performers, while Medibank shares rallied 7% on debut •Australian market finished in the red by 0.5% •Medibank shares closed up 7% to $2.14 on debut •Material sector down by -1.67% today •FMG down -5.71% •ALL up by 1.97% •Aristocrat reports FY net loss of $16.4MN down from a $107.2MN profit a year ago •Australian $ at 86 US cents Source: https://youtube/watch?v=4RKajvr8UEw&list=PL468C060A35A7B82B Disclaimer: *Justin McMillan is an Authorized Representative of RI Advice Group Pty Limited (ABN 23 001 774 125), Australian Financial Services License 238429. This editorial does not consider your personal circumstances and is general advice only. You should not act on the information provided without first obtaining professional financial advice specific to your circumstances. The taxation information contained in this editorial is provided as a guide only and should not be relied upon. You should seek independent tax advice from a qualified tax adviser.
Posted on: Tue, 25 Nov 2014 08:02:27 +0000