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ASX All Ordinaries ends lower after midday rally fizzles

Wednesday, February 17, 2016 by John Phillips

The ASX All Ords ended the session 0.6% lower at 4932

The ASX All Ords ended the session 0.6% lower at 4932

The Australian Share Market had a stellar start to the week, with strong gains on Monday and Tuesday, but the rally fizzled today as investors took some money off the table.

This is despite a rally on Wall Street overnight, which saw the Dow add 200 plus points.

Back home in Australia, today the ASX All Ords ended the session 0.6% lower at 4932. Intra-day, the index actually hit a high of 4980.


BLUE CHIP ROUND-UP

Major miners

 
BHP Billiton (ASX:BHP) down 3.7% to $15.98; Fortescue Metals Group (ASX:FMG) down 0.5% to $1.86; Newcrest (ASX:NCM) up 0.6% to $15.40; Rio Tinto (ASX:RIO) down 2.5% to $42.12.


Energy or Oil and Gas

Oil Search (ASX:OSH) down 3.9% to $7.04; Santos (ASX:STO) down 3.2% to $3.30; Woodside Petroleum (ASX:WPL) down 7.0% to $27.47.


Big 4 banks

ANZ Bank (ASX:ANZ) down 0.8% to $23.07; Commonwealth Bank (ASX:CBA) down 0.4% to $72.33; National Australia Bank (ASX:NAB) up 2.0% to $25.48; Westpac (ASX:WBC) up 0.5% to $29.12.


Other banks, financials and industrials

AMP (ASX:AMP) down 0.6% to $5.18; Bank of Queensland (ASX:BOQ) down 0.7% to $10.96; Bendigo and Adelaide Bank (ASX:BEN) down 2.0% to $8.62; Macquarie Group (ASX:MQG) down 0.9% to $62.67; Suncorp (ASX:SUN) up 0.2% to $11.48; Telstra (ASX:TLS) down 0.6% to $5.38.


Retailers

JB Hi-FI (ASX:JBH) down 2.9% to $22.02; Wesfarmers (ASX:WES) down 0.1% to $43.08; Woolworths (ASX:WOW) down 0.5% to $22.71.

 

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