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09 September 2016 | Insights

Weekly Review 09/09/2016

Weekly Review

For the third week in a row the stock market lost ground week with the S&P ASX 200 index falling 0.63% to 5339.2, a move of 33 basis points. One culprit was Telstra Corporation (TLS.ASX), which fell by 1.17% for the week, however energy companies performed well as the oil price rallied 6.16% over the period. Origin Energy added 22 cents to its share price and closed at $5.41 on Friday, a gain of 4.24%.

More to come…