ASX200 P.M Wrap 8 Feb 2018

Posted by Billy Macris on 07-Feb-2018 16:23:20
As we get to the end of another day in what was a somehhat less hectic session to yesterday the ASX200 managed to post its high for the day within the first 20 minutes of trading at 5938.80 before easing off for the remainder of the day to finish at 5876.80 a gain of 0.75% or a gain of 43.50 points.  NAB - 0.28%, ANZ -0.39%,and WBC  -0.10% joined CBA -0.49% in the red for the day and would have provided a decent anchor to the main index heading higher. MQG finished the session higher on positive results +3.93% along with TWE 3.73% and RIO +3.82% ahead of its earnings announcement this afternoon.  Other notable movers today included GXY +11.46%, MIN +8.43% and PLS +6.25% all of the usuals suspects we have seen of late with the pick up in volatility on both both the top and bottom side.  SVW finished 3.85% lower, EVN -3.18% and SBM -2.70%. The AUDUSD is trading marginally lower at 0.7880. EURUSD 1.2389, USDJPY 109.20 and spot gold remains towards USD $1330.00 per ounce going into the London open.

Topics: ASX PM update