Financial sector leads market higher despite mining losses

By Simon Frazer

Macquarie Group had also risen 0. 7 per cent, but AMP was down 0. 5 per cent. Telstra had gained 0. 4 per cent and the major supermarket firms were also rising, with Woolworths up 0. 6 per cent and Coles’s parent company Wesfarmers adding 0. 5 per cent.

BHP Billiton shares were down 0. 6 per cent, continuing the firm’s slide this week. Rio Tinto had slipped 0. 3 per cent and Fortescue Metals Group was down 1. 6 per cent. Santos had jumped 3. 7 per cent on its first-half results. Woodside was up 0. 3 per cent, but Caltex has slipped the same amount.

Read more here: ABC

    

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