Australian market finished the week…

Australian market finished the week…

The Australian market S&P ASX 200 finished the week to Friday down 1.0%. Small companies underperformed larger companies, with the Small Ordinaries Index down 1.7%.

Strong performance from the Energy sector, up 0.9%. Santos (STO) rallying by 9.1%. Information Technology sector down 3.1% with IRESS LTD down over 7%.

Australian market finished the week…

The Australian market finished the week to Friday up 1.0% based on the S&P/ASX 200 Index. Small companies outperformed larger companies, with the Small Ordinaries Index finishing the period up 1.7%.

The best performer was the Information Technology sector, up 3.4%. Aconex Limited (ACX) led the performance rising by 14.1%.

The worst performer was the Consumer Staples sector, down 1.7% with Wesfarmers Limited (WES) and Woolworths Limited (WOW) down 3.9% and 0.8% respectively.