The S&P/ASX200 fell away on low volume trading Tuesday, dropping 34 points or 0.5% to a new 20 day low

The S&P/ASX200 fell away on low volume trading Tuesday, dropping 34 points or 0.5% to a new 20 day low. On the positive side, the market shrugged off an awful US lead, Delta-depression and an OPEC-inspired decline in crude prices. At opposite ends of the index, Santos (-5%) and takeover target Oil Search (+6.8%) going insta-official after revealing talk of a potential $22 billion merger of convenience. The energy sector as a whole fell 1.7%, healthcare rose 0.9%.


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Ord Minnett's top 5 ASX buy-back candidates

A Santos - Oil Search merger makes "perfect sense"

Finding quality growth stocks amid volatility


 

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