Hi welcome back, I am Sage and you are watching kalkine tv live from Sydney. This is the last show of the day – the last trade. Lets get started with the market close commentary. The benchmark index ASX 200 traded lower in the initial trade, and by lunchtime, it entered the green zone and added few points only to once again trade in the negative. Towards the close, ASX 200 lost 5.10 points and traded at 7055.60.
At the end of day’s trade, financials were the best performing sector followed by Materials and others. Perenti Global Limited from Materials traded higher after announcing that its subsidiary has received Newcrest Mining Limited’s letter of intent for the development of an underground exploration decline at Red Chris Project.