Sunday, 17 November 2013

ASX 200 Market Wrap-Up: Australian Markets Closed Negative Today



  • Australian markets closed on a negative note today as investors booked profits in banking shares following last weeks record highs.
  • The benchmark S&P/ASX 200 Index dipped 17 points, or 0.3 per cent, to 5384.7, with every major sector in the red. 
  • The broader All Ordinaries fell 18.3 points, or 0.3 per cent, to 5377.9.
  • Three of the four major banking shares saw falls today and these falls contributed in a big way in today's market losses. 
  • Commonwealth Bank of Australia (CBA) fell 0.6 per cent to $77.34, while ANZ lost 0.6 per cent to $32.10, and ­Westpac fell 0.4 per cent to $32.87. National Australia Bank (NAB) bucked the trend, up 0.2 per cent to $34.36.
  • Metals and mining shares also closed flat today.
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