The ASX200 closed 30 points lower at 5858 as CBA and BLD traded ex-dividend and the European negativity remains in place until the Greek debt to its creditors...

The ASX200 closed 30 points lower at 5858 as CBA and BLD traded ex-dividend and the European negativity remains in place until the Greek debt to its creditors is solved. ANZ closed 2.5% lower at $34.99 after posting its first quarter trading update, clearly disappointing investors' expectations. CBA traded ex-dividend and closed $3.47 lower at $90.02. Note, seasonally, CBA has been in positive territory for the last 16-years in April, we remain a holder of CBA at present. CGF closed -0.9% at $6.45 after reporting its half yearly earnings below analysts' expectations. It has however increased its interim dividend and its retail annuity business to continue its growth this year. MQG rallied +3.5% at $70.90 after updating its investors with its operational briefing stating it expects to report its full year earnings in the upper end of its forecast range. FMG closed -4.9% at $2.55 after reporting its first-half earnings. Concerns continue with its growth prospect. SEK sold-off, -8.7% lower at $17.10 after missing analysts' expectations. See the recent HickmanReport in regards to our take profit call around $18.50-$19 recently.