
← Market UpdatesNouveau · 12 min
End of Day Report – Friday 16 October: ASX up 87 - Up 90 for the week - Tech rebounds - Big miners rebound - Banks slip - US Futures drift higher
End of Day Report – Friday 16 October: ASX up 87 - Up 90 for the week - Tech rebounds - Big miners rebound - Banks slip - US Futures drift higher
The ASX 200 jumped 87 points to close at 8,807, up around 90 points for the week, on better U.S. markets and comments from the Federal Reserve chief, Kevin Warsh, in Bangkok. Banks saw profit-taking today, with CBA down 1.1% and NAB down 1.0%, with the Big Bank Basket slipping 1%. Elsewhere in financials, though, MQG rose 1.1%, and financial stocks rose, with the ASX up 0.7% and PNI up 5.6%. REITs were a little weaker today, with SCG down 0.9% and VCX down 0.8%. Healthcare was once again a st...