Episode Details

The ASX 200 has finished flat to 7769, slightly better than futures were suggesting. A quiet session that lacked direction, following a similarly quiet night in Europe while US markets were closed. Tech and Health Care the only sectors with significant moves. Health Care worst off after a 4.8% drop in COH (no new news). CSL and RMD fell in sympathy 0.8%. Tech stocks were sold off despite NASDAQ futures heading higher. WTC down another 0.5%, XRO down 0.2% and NXT off 1.6%. The other major sectors all traded in a narrow range. REITS finished on top thanks to solid gains in SCG, VCX, GPT and MGR. Big banks regained some ground from yesterday. The CBA best, up 0.6%.

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