Tuesday, 5 November 2013

ASX 200 Market Wrap-up - November 5, 2013


  • The ASX closed strongly higher, supported by gains in mining and energy shares. The benchmark index added 41.4 points, or 0.8 per cent, to 5432.0, as the big four banks, along with the biggest mining and energy stocks, led the bourse higher. 
  • Local shares opened higher, taking their lead from international equities after Wall Street and major European markets closed higher. The local market continued to climb in the afternoon, despite declines in major equity markets around Asia.
  • Among the banks, CBA jumped 1.2 per cent to a record $77. National Australia Bank rose 1 per cent to $35.80, while ANZ gained 0.8 per cent to $33.79. Westpac added 0.6 per cent to $34.35. 
  • Resources stocks were the best performers, the energy index was up 1.3 per cent, and the metals and mining index gained 1.4 per cent.


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