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Aust stocks close slightly in the red
At 1615 AEDT on Monday, the benchmark S index was down 11.8 (michael kors) points, or 0.24 per cent, at 4,959.5 points, even though the broader All Ordinaries index had fallen 9.1 points, or 0.18 per cent, to 4,980.3 points.
Around the ASX 24, the March share price index futures contract was down 16 points at four,919 points, with 18,233 contracts traded.
The neighborhood bourse opened down about 0.1 per cent but edged into good territory by noon AEDT just before slipping back into the red during afternoon trading.
CMC Markets senior trader Tim Waterer said the benchmark S index spent a great deal on the day "going by way of the motions" as investors awaited additional direction from the latest (michael kors outlet online) corporate earnings outcomes later in the week.
"Narrow trading ranges and also a general lack of getting conviction resulted inside a listless efficiency in the neighborhood bourse, with any ASX200 aspirations of a move towards the five,000 level postponed for the time being," Mr Waterer said in a research note.
The standout performer was JB Hi-Fi, using the electronics retailer soaring 17.08 per cent, or $1.88, to $12.89 following reporting that its initial half net profit had risen three per cent to $82 (michael kors handbags) million.
JB Hi-Fi, which was the best-performing stock on the S forecast a seven per cent rise in full year net profit.
"That's a fantastic efficiency by JB inside a quite inclement, overall, retail environment," Lonsec private client adviser Michael Heffernan stated.
The customer discretionary sector (who makes michael kors watches) rose a market-leading 1.54 per cent on Monday, in accordance with IRESS data.
Among the other retailers, Harvey Norman sophisticated five.91 per cent, or 13 cents, to $2.33, Myer jumped three.09 per cent, or eight cents, to $2.67 and David Jones was up 2.66 per cent, or seven cents, at $2.70.
The supplies sector (michael kors) - a large slice in the marketplace - fell 0.48 per cent and gold stocks were down 0.56 per cent.
BHP Billiton slipped 24 cents to $37.71, Rio was off 15 cents at $69.45 and gold miner Newcrest backpedalled 37 cents to $24.15.
Insurance coverage Australia Group stated about 14,300 claims associated with ex-tropical cyclone Oswald and bushfires in (http://tljdesign.com/clients.html) NSW, Victoria and Tasmania could price the organization as much as $175 million.
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