The S&P/ASX200 closed lower Tuesday, dropping 109 points or 1.5% to 7,276, mixed leads became broad based selling

The S&P/ASX200 closed lower Tuesday, dropping 109 points or 1.5% to 7,276, mixed leads became broad based selling. Virtually all sectors floundered, but for the energy names and a utility or two as global energy pressures spiked. Enter the coal miners - Whitehaven (WHC) up 6.8%, New Hope (NHC) up 5.1% and Yancoal (YAL) up 4%. And welcome back, oil and gas - Beach Energy (BPT) up 11.7%, Woodside Petroleum (WPL) up 6%, Oil Search (OSH) up 7.5% and Oil Search's friend Santos (STO) also up 6%. Everyone else pretty much got whacked. Most whacked of all, Charter Hall (CHC) losing 6.5%, special mention to Evolution Mining (EVN), also mightily whacked, down 6.2%. Wednesday's coming. Kara will be wearing green.


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