ASX Movers

Envestra Limited led the decliners in the S&P ASX 200 index with a loss of 7.2% followed by losses in iSOFT Group Limited of 5.0%, in Emeco Holdings Limited of 4.8%, in Gindalbie Metals Ltd 4.7% and in Abacus Property Group 4.7%.

Charter Hall Group led gainers in the S&P ASX 200 index with a rise of 3.7% followed by gains in Karoon Gas Australia Ltd 3.0%, in Aquila Resources Limited of 2.9% and in Southern Cross Media Group of 2.8%.

Other Movers

Arrow Energy Limited rose 0.9% to A$5.25 and the energy explorer is expected to reject a A$3.26 billion takeover bid from Royal Dutch Shell plc and PetroChina Company Limited, according to a report in Australian Financial review.

Liquefied Natural Gas Limited closed unchanged at A$0.51.

Macarthur Coal Limited rose 0.3% to A$11.90 after the exporter of pulverized coal used by steelmakers planned takeover of Gloucester Coal Ltd, which would see the target''s top shareholder, Singapore-based Noble Group emerge with a 24.6% stake in Macarthur.

Newcrest Mining Limited the gold producer fell 1.5% to A$33.69.