FKP Property Group the decliners in the S&P ASX 200 index with a loss of 8.6% followed by losses in Incitec Pivot Limited of 4.3%, in James Hardie Industries SE of 4.2%, in Infigen Energy 3.9% and in David Jones Limited 3.3%.

Extract Resources Limited led gainers in the S&P ASX 200 index with a rise of 14.3% followed by gains in Eastern Star Gas Limited 11.3%, in Roc Oil Company Limited of 7.3% and in iSOFT Group Limited of 6.0%.

Other Movers

BHP Billiton plc rose 0.09% to A$43.20.

Fortescue Metals Group Ltd decreased 1.0% to A$4.85 after the iron ore producer is looking to raise $8.9 billion from investors in Asia and U.S. to develop its Solomon project.

Mirvac Group advanced 1.3% to A$1.50 after the real estate investment trust priced A$150 million five year fixed rate note to yield 265 basis points more or 8.25% interest rate.

Rio Tinto Limited fell 1.0% to A$76.19.

Telstra Corporation Limited closed unchanged at A$3.17 after the parliamentary debate on the company split was deferred at least two months.