Gainers & Losers

Weak base metal prices dragged miners and energy companies.

Riversdale Mining, the coal miner in Australia and Mozambique plunged 12.5% to A$4.97.

Equinox Minerals Ltd, the copper miners in Zambia dropped 7.9% to A$2.67. Gindalbie Metals Ltd dropped 7.5% to 74 Australian cents.

QBE Insurance Group Limited declined 3.8% to A$18.76 after the company chief executive said to Financial Times that it is looking for acquisitions that can increase gross premium by A$750 million.

ASX 200 Index Movers

Riversdale Mining Limited led the decliners in the ASX 200 index of 12.5% followed by losses in Centennial Coal Co Ltd of 11.2%, in Fortescue Metals Group Ltd of 9.8%, in Murchison Metals Limited of 9.7% and in Alumina Ltd of 9.6%.

Coca-Cola Amatil Ltd led gainers in the ASX 200 index with a rise of 1.7% followed by gains in Ramsay Health Care Limited of 1.7%, in GWA International Limited of 1.7% and Infigen Energy of 1.7%.