The S&P/ASX200 closed lower Friday, dropping 28 points or 0.4% to 7,343, with shares in China's Evergrande down some 11% in Hong Kong, adding further pressure on a subdued local market

The S&P/ASX200 closed lower Friday, dropping 28 points or 0.4% to 7,343, with shares in China's Evergrande down some 11% in Hong Kong, adding further pressure on a subdued local market. The real estate sector bled out in late trade, despite Domain (DHG) touching an intraday record high. Materials and gold miners also lower, the price of gold disgracing itself over night. The genuine laggards on Friday were the newly listed Centuria Industrial REIT (CIP) and Ramelius Resources (RMS), down 5.5% and 6.6% respectively. The heroes of the dish, Premier Investments (PMV) up 5.7% and Computershare (CPU) gaining 5.6%. It's the weekend. Deploy.


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