Marcus Today End of Day Report -Monday 17th May
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The ASX 200 limped into the close up a mere 9 points at 7024 on its low for the day. MQG ex dividend hit by NXL issues too with NXL falling 9.5% on media articles. Our two refiners got a lift from government plans to put $2bn into the sector , ALD and VEA up around 6% or more.
CWN has asked for more details from SGR and knocked back BlackStone.
Gold miners were the stand outs today as iron ore rebounded slightly in Asia. NCM up 2.6% and DEG up nearly 9% with FMG up 1.4% the best of the miners. CBA saved the banks from blushes today at 1.2%
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