Local shares fell sharply on Friday, dragged down by the major banks and a number of other blue chip shares.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.8% to 5372 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.7% to 5470 points
- AUD/USD at US 75.59 cents
- Iron Ore at US$58.86 a tonne, according to the Metal Bulletin
- Gold at US$1,312.24 an ounce
- Brent oil at US$45.70 a barrel
Australia and New Zealand banking Group (ASX: ANZ) and Westpac Banking Corp (ASX: WBC) fell 0.8% and 1.1%, respectively. National Australia Bank Ltd. (ASX: NAB) also dropped 1.1%.
Meanwhile, CSL Limited (ASX: CSL) fell 2.2% and Medibank Private Ltd (ASX: MPL) dropped 1.1%.
Select Harvests Limited (ASX: SHV) also dropped 8.7%, while Estia Health Ltd (ASX: EHE) fell another 6%.
A number of the miners were surprisingly strong. South32 Ltd (ASX: S32) climbed 3.4% and Rio Tinto Limited (ASX: RIO) rose 0.9%.
But that was nothing compared to some of the gold miners. EVOLUTION FPO (ASX: EVN) gained 4.7% and Beadell Resources Ltd (ASX: BDR) lifted 10%.
Here are Friday's top stories:
- Gold stocks soar: Is there more to come?
- Top stock picks for September
- Smash term deposits and buy these 3 cheap dividend shares instead
- Why I think Ramsay Health Care Limited is a buy at its 10-year high
- A large, mid and small cap stock I'd buy with $30,000
- 3 strong performers from earnings season: Are they still a buy?
- How Lithium Pair Galaxy Resources Limited and Orocobre Limited Exploded into the ASX 200
