"It has been a very good week for the Australian equities, particularly the financial sector ... Today, the market is just consolidating its gains over the week around these levels," James McGlew, executive director of corporate stockbroking at Argonaut said.
Among the decliners, mining sector slipped up to 0.4 per cent, with BHP Group and South32 dropping 0.3 per cent and 1.4 per cent, respectively.FAR plunged 8.8 per cent, hitting an over six-year low, after a tribunal ruled that the Africa-focused oil explorer did not have a pre-emptive right on ConocoPhillips' sale of its stake in a Senegal oil and gas field to Woodside Petroleum.Tracking overnight losses on Wall Street, the IT firms fell over 1 per cent. The Nasdaq Composite dropped 0.
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Source: BusinessTimes - 🏆 15. / 51 Read more »