Yo-yo Aust stock market ends the week flat

Australian stocks finished flat after a week-end yo-yo trading session, which saw a decline among banks surpbad health sector gains.

The S & P / ASX200 benchmark plummeted closing 0.1 percentage point, or zero percent, to 6,268.4 points, while all Ordinary Ordinary increased 2.1 points, or 0.03%, at 6,351.9 points

Tom Piotrowski, CommSec market badyst, said "The discussion around banks was of course the impact of the decline in demand for credit on their growth prospects, "he said.

ANZ headed the major Westpac banks fell 0.5 percent to 29.60 dollars, the Commonwealth Bank lost 0.5 percent to 74.85 dollars and NAB fell 0.4 percent cent to $ 28.04

. The sector, The CSL Vaccine and Blood Products Provider surged 2% to $ 204.56 and Cochlear Hearing Aid developer climbed 3.2% to $ 205.32

. BHP Billiton falls 0.7% to $ 33.33 and Rio Tinto drops 0.14% to $ 79.84 after announcing the signing of an agreement to sell its stake in Grasberg, the second-largest copper mine in the world. Woodside Petroleum slipped 0.5% to $ 35.63 and Santos 0.8% to $ 6.16, while Origin Energy rose 3.1% to US $ 9.72 [3]. 19659002] Oil refiner and distributor Viva Energy closed down 4% to $ 2.40 on its ASX debut after raising about $ 2.6 billion in the largest initial public offering for Australian savings in almost four years. 59002] Mr. Piotrowski said that the Australian dollar has strengthened after trade figures showed in annual terms, Chinese imports of Australian goods were up 12 percent.

The Australian dollar was trading at 74.03 US cents at 1700 AEST Friday of 73.84

ON THE ASX

* The S & P / ASX 200 benchmark was up from 0.1 point, or zero percent, to 6,268.4 points

* The All Ordinaries General Index was up 2.1 points, 0.03 percent, to 6,351.9 points [19659002] * SPI200 futures contract was stable at 6.220 points at 1700 AEST

CURRENCY SNAPSHOT AT 1700 AEST:

Australian dollar buys:

* 74.03 US cents, 73.87 Thursday

* 83 , 37 Japanese yen, from 82.93

* 63.59 euro cents, against 63.24

* 56.27 British pence, from 55.89

* 109 , 58 NZ cents, from 109.15

GOLD:

The spot price of gold in Sydney, at 1700 AEST, is $ 1,244.4 US. Ounce, compared to US $ 1,247.01 an ounce. th thursday.