The S&P/ASX 200 (INDEX: ^AXJO) (ASX: XJO) closed 0.6% higher on Friday with the Treasury Wine Estates Ltd (ASX: TWE) share price and Mantra Group Ltd (ASX: MTR) share price helping the market higher. The ASX 200 ended 0.7% higher for the week.
Here's a quick recap:
- S&P/ASX 200 lower at 5,775 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) flat at 5,811 points
- Australian Dollar (A$) (AUDUSD) at US 75.25 cents
- Iron Ore at US$86.79 a tonne, according to the Metal Bulletin
- Gold at US$1,200 an ounce
- WTI Crude oil at US$49.56 a barrel
Treasury Wines held its investor day today, and it seems attendees were enthusiastic about the presentation. The company announced it would launch a new french wine brand targeting the North Asian markets.
Other companies leading the market higher today were Sirtex Medical Limited (ASX: SRX) and CSR Limited (ASX: CSR) which climbed 4.5% and 4.8%.
At the other end of the ASX 200 league table was Aconex Ltd (ASX: ACX) and Macquarie Atlas Road Limited (ASX: MQA), which ended 4.1% and 6.2% lower, respectively.
For the week, the materials sector sunk more than 3%, with BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) feeling the pinch of falling commodity prices.
Meanwhile, the consumer staples sector was best-performing with shares of Woolworths Limited (ASX: WOW) and Wesfarmers Ltd (ASX: WES) ending the week 4% and 3.4% higher, respectively.
Here are Thursday's top stories:
