Australian market finished the week…

Australian market finished the week…

The Australian market S&P ASX 200 finished the week to Friday down 1.0%. Small companies underperformed larger companies, with the Small Ordinaries Index down 1.7%.

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Strong performance from the Energy sector, up 0.9%. Santos (STO) rallying by 9.1%. Information Technology sector down 3.1% with IRESS LTD down over 7%.

Author: Leon Hinde

Leon has been working in the financial services industry for 18 years in management and advisory roles. Leon has extensive experience in general advice and dealings involving securities and derivative financial products.

PS 146 Securities & Derivatives, ADA 1 & 2 accreditation, Responsible Manager Certificate. Leon is authorised to provide financial product advice and deal with respect to the following financial products:

· Deposit Products
· Securities
· Derivatives
· Interest in managed investment schemes; and
· Government debentures, bonds and stocks