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ASX All Ords breaks losing streak by 1 point; Spot gold jumps

There was some relief on the Australian equity market today, with the relentless pounding stopping.The shining light continues to be gold with the yellow metal skipping higher to US$1310 an ounce.
ASX All Ords breaks losing streak by 1 point; Spot gold jumps

There was some relief on the Australian equity market today, with the relentless pounding stopping.

Global stock markets are on edge ahead of the U.K. vote on the European Union, a sluggish U.S. economy and a slowdown in China.

The ASX All Ordinaries ended the session 1 point higher at 5232.

The shining light continues to be gold, and at 4:30pm Sydney, Australia, time - the yellow metal has skipped higher to US$1310 an ounce.


BLUE CHIP ROUND-UP

Major miners
 
BHP Billiton (ASX:BHP) up 0.6% to $17.92; Fortescue Metals Group (ASX:FMG) up 1.6% to $3.18; Newcrest (ASX:NCM) up 3.0% to $22.55; Rio Tinto (ASX:RIO) up 0.3% to $43.10.


Energy or Oil and Gas

Oil Search (ASX:OSH) down 0.5% to $6.66; Santos (ASX:STO) down 3.6% to $4.26; Woodside Petroleum (ASX:WPL) down 0.3% to $26.02.


Big 4 banks

ANZ Bank (ASX:ANZ) down 0.7% to $23.05; Commonwealth Bank (ASX:CBA) down 0.4% to $71.87; National Australia Bank (ASX:NAB) down 0.9% to $24.75; Westpac (ASX:WBC) down 0.8% to $28.33.


Other banks, financials and industrials

AMP (ASX:AMP) down 0.8% to $5.21; Bank of Queensland (ASX:BOQ) down 0.8% to $10.40; Bendigo and Adelaide Bank (ASX:BEN) down 0.6% to $8.95; Macquarie Group (ASX:MQG) down 0.7% to $71.21; Suncorp (ASX:SUN) down 1.2% to $11.85; Telstra (ASX:TLS) up 1.2% to $5.34.


Retailers

JB Hi-FI (ASX:JBH) up 3.1% to $23.53; Wesfarmers (ASX:WES) down 0.4% to $40.00; Woolworths (ASX:WOW) up 0.2% to $21.06.

 

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December 13 2016

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