Local shares continued their descent on Friday, following the lead set by international markets on Thursday night.
It seems that investors were holding their cards close to their chests ahead of a key speech by Janet Yellen, chair of the US Federal Reserve, which could provide more insight into the direction of interest rates in that country.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.5% to 5515 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.4% to 5607 points
- AUD/USD at US 76.32 cents
- Iron Ore at US$61.44 a tonne, according to the Metal Bulletin
- Gold at US$1,323.90 an ounce
- Brent oil at US$49.54 a barrel
Super Retail Group Ltd (ASX: SUL) was one of the strongest performers on the market today, lifting 6%.
APN Outdoor Group Ltd (ASX: APO) rose 6.6% as well, while St Barbara Ltd (ASX: SBM) and Asaleo Care Ltd (ASX: AHY) lifted 5.1% and 7.3%, respectively.
BWP Trust (ASX: BWP) didn't fare so well, shedding 6.7%. APN News and Media Limited (ASX: APN) fell 4.8%, Select Harvests Limited (ASX: SHV) dropped 7.1% and iSentia Group Ltd (ASX: ISD) inched 3.4% lower, following a very strong rise this week.
Cash Converters International Ltd (ASX: CCV) also fell 11.5%, its shares ending the session at 42.5 cents.
Among the blue chips, Coca-Cola Amatil Ltd (ASX: CCL) fell 4.4% while Woolworths Limited (ASX: WOW) dropped 1.1%, following its strong gains on Thursday.
Wesfarmers Ltd (ASX: WES), on the other hand, gained another 1.5%.
Here are Friday's top stories:
- Here's why Select Harvests Limited shares are getting slammed today
- Why the Coca-Cola Amatil Ltd share price fell today
- Is Mayne Pharma Group Ltd a buy after its stunning full year result?
- Sims Metal Management Ltd reports: Is it out of the woods yet?
- How to find the next 10 bagger (Part VII)
- 2 tech company profit results you don't want to miss
