The Australian All Ordinaries ticked another 0.4% lower today to 4,964 points on more negative trading for the mining and energy sectors as well as a red session for most of the big banks.
Healthcare stocks were relatively flat as a group, but on player in this field managed to keep adding to its value. …
MARKET ACTION
Clinical-stage Australian Lifesciences company OncoSil Medical (ASX:OSL) closed 6.4% higher today at A$0.165 after the company appointed Charles Rowland as president, OncoSil Medical USA.
This put the stock at a valuation more than 70% higher than at the beginning of September.
Rowland was previously President of Sirtex Medical US from 2002 to 2006.
His role with Oncosil will include being responsible for developing and executing the company’s U.S. Business plan.
Rowland will be the company’s official representative with the U.S. FDA as it works towards U.S. licensure for its lead product candidate, the OncoSil™ localised radiation treatment for cancer.
OncoSil™ is an implantable nuclear medicine (radiotherapy) device that has been successfully piloted in pancreatic and liver cancer.
The device is inserted directly into the centre of the tumour using well established technology.
BLUE CHIPS
Major miners
BHP Billiton (ASX:BHP) down 1.9% to $16.29
Fortescue Metals Group (ASX:FMG) up 0.5% to $1.80
Newcrest (ASX:NCM) down 2.3% to $12.44
Rio Tinto (ASX:RIO) down 0.9% to $41.80
Energy or Oil and Gas
Oil Search (ASX:OSH) up 1.5% to $5.95
Santos (ASX:STO) down 1.8% to $3.28
Woodside Petroleum (ASX:WPL) down 0.9% to $26.17
Big 4 banks
ANZ Bank (ASX:ANZ) down 1.2% to $25.37
Commonwealth Bank (ASX:CBA) down 0.5% to $77.08
National Australia Bank (ASX:NAB) down 0.7% to $27.75
Westpac (ASX:WBC) down 0.2% to $30.60
Other banks, financials and industrials
AMP (ASX:AMP) down 1.5% to $5.38
Bank of Queensland (ASX:BOQ) down 0.3% to $13.02
Bendigo and Adelaide Bank (ASX:BEN) up 0.8% to $10.81
Macquarie Group (ASX:MQG) down 0.7% to $77.58
Suncorp (ASX:SUN) down 3.7% to $11.33
Telstra (ASX:TLS) up 1.2% to $5.23
Retailers
JB Hi-FI (ASX:JBH) down 0.5% to $17.80
Wesfarmers (ASX:WES) up 0.2% to $37.30
Woolworths (ASX:WOW) down 0.2% to $22.55
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