Australian market sees second day of losses with Thanksgiving break

Australia’s S&P/ASX 200 share index fell 0.5% to reach 6,601.10 points while the US enjoys their Thanksgiving break. Despite this, the market had a very strong November, with returns above 11 percent.

Healthcare stocks fell with CSL down 1.32% along with Blackmores (BKL) down 2.72%. 

The financials sector was also down with all four of the major banks all finishing in the red today.

Gainers and Losers

The biggest gainers on Friday were:

  • Bega Cheese +8.9%
  • Fisher and Paykel +3.6%
  • Deterra Royalties +3.3%
  • Perseus Mining +3.1%
  • Platinum Asset Management +3.1%

The biggest declines were:

  • Treasury Wine Estates -11.3%
  • Beach Energy -3.8%
  • TechnologyOne -3.8%
  • Oil Search -3.7%
  • Webjet -3.2%

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This article does not take into account the investment objectives, financial situation or needs of a particular person or entity. Before acting on any investment strategy or advice you should first consult with your current ASIC accredited investment professional or seek out a compliant investment professional for such.