Original article by Jessica Sier
The Australian Financial Review – Page: 26 : 12-Jan-16
Australian resources and financial stocks were heavily sold down in 2015, a trend that has continued in 2016. The financial sector has shed 8.12 per cent in the year to date, while the materials sector is down 9.32 per cent. Defensive stocks such as retailers and telcos have also fallen sharply, although the healthcare sector has shed just 3.84 per cent. JB Hi-Fi, Evolution Mining, Newcrest Mining and Regis Resources are among the few S&P/ASX 200 stocks to be in the black so far in 2016.
CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, JB HI-FI LIMITED – ASX JBH, EVOLUTION MARKETS LLC, NEWCREST MINING LIMITED – ASX NCM, REGIS RESOURCES LIMITED – ASX RRL, AUSTRALIAN PHARMACEUTICAL INDUSTRIES LIMITED – ASX API, PRIMARY HEALTH CARE LIMITED – ASX PRY, RESMED INCORPORATED – ASX RMD, CREDIT SUISSE (AUSTRALIA) LIMITED, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, TELSTRA CORPORATION LIMITED – ASX TLS, WOOLWORTHS LIMITED – ASX WOW, COLES GROUP LIMITED