Sellers returned to the ASX on Thursday having been absent in any meaningful fashion for 7 sessions.
Bulk miners were the weak spot after the price of iron ore continued to fall in the last day to the lowest levels seen in 2 years;around $US 97.00 per tonne levels. Telecoms were the best improved group in a falling market. Telstra shares rose by four cents or 0.25 per cent, although recent commentary from the telco which included talk of offshore expansion plans was met with not great cheer by investors.
