The S&P/ASX 200 AU:XJO -0.21% pulled 0.2% lower to 5,297.40, with BlueScope Steel Ltd. AU:BSL -0.52% BLSFF -5.19% down 1.4%, grocer Wesfarmers Ltd. AU:WES -0.53% WFAFF +0.26% off 1%, and energy major Woodside Petroleum Ltd. AU:WPL -0.82% WOPEF -1.10% down 1.5%. However, gains for gold futures late last week pushed Newcrest Mining Ltd. AU:NCM +5.55% NCMGF +1.60% up 4.2% and Kingsgate Consolidated Ltd. AU:KCN +10.38% KSKGF -0.51% 4.7% higher, while shares of uranium extractor Paladin Energy Ltd. AU:PDN +0.89% PALAF +13.06% jumped 12% on news it was selling a 25% in a Nambian mine to a state-owned Chinese firm.
The two largest Sydney-listed miners, BHP Billiton Ltd. AU:BHP +0.29% BHP +0.24% and Rio Tinto Ltd. AU:RIO +0.26% RIO +0.27% , also saw gains, rising 0.6% and 0.7%, respectively. Among the Chinese data due out later in the day were gross domestic product for the fourth quarter, and retail sales and industrial output for December.
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The two largest Sydney-listed miners, BHP Billiton Ltd. AU:BHP +0.29% BHP +0.24% and Rio Tinto Ltd. AU:RIO +0.26% RIO +0.27% , also saw gains, rising 0.6% and 0.7%, respectively. Among the Chinese data due out later in the day were gross domestic product for the fourth quarter, and retail sales and industrial output for December.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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