Market Update: The S&P/ASX 200 slipped 0.3% at 5,418 points on ex-divs

Bell Potter
Bell Potter Stockbroker

Market Update: The S&P/ASX 200 slipped 0.3% at 5,418 points on ex-divs. and jobs report. ANZ and NAB dropped 3.9% and 3.6% respectively due to ex-divs. while CBA and WBC were up 1.2% and 0.2% respectively. Resources were also mixed with BHP up 0.2% but RIO falling 0.3%. Ausdrill plunged 27.6% after it downgraded its 2014 full year profit. The A$ fell US$0.0050 after the release of a worse-than-expected employment data. It is currently trading at US$0.9472. The SPI was up 0.1% at 5,422 points on the Sydney Futures Exchange.

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