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IDS World Markets Fri 4th July 08


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t?s=%5EAORD

 

 

Independence Day for the US coming up so we're having a quiet one on the market. All Ords +0.6%, Property Trusts +2%, IT +1.6% and Financials +1.1%. There's only a couple of reds, Healthcare down a severe -3.5% and Utilities -0.9%.

 

Big miners doing the bounce after yesterday's whipping: BHP +1.7% and RIO +2.7%. Golds are still a bit hangdog, Newcrest flat, Newmont -0.4% and Lihir -1.9%. Juniors flat.

 

Oils mixed: Woodside -1%, Santos +2.4% and Caltex +0.2%.

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w?s=%5EAORD

 

 

A classic dead cat bounce scenario today. All Ords fnished +1.5%,the Financial sector was out in front +3.1% followed by Property Trusts +2.4%. Healthcare remained the biggest loser, -2%.

 

The big miners closed up: BHP +2.2% and RIO +3.1%. Golds remained in the red: Newcrest -0.1%, Newmont -0.6% and Lihir -2.5%. Juniors flat to up.

 

Oils mixed: Woodside -2.1%, Santos +0.7% and Caltex -0.6%.

 

Asia's all over the place: China -1.2%, Honkers +1.1%, India +1.2%, Nikkers -0.2%, Sth Korea -1.8% and Taiwan -2.2%.

 

 

Over to UK/Europe:

 

t?s=%5EFTSE

 

t?s=^GDAXI

 

t?s=%5EFCHI

 

 

http://finance.yahoo.com/intlindices?e=europe

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