WA stocks slide 3pc in June
The value of ASX-listed WA companies slid 3.1 per cent last month in a tough end to the 2014 financial year.
Deloitte attributed the fall to lower iron ore prices, a softening economy in China and profit taking.
Deloitte Clients & Markets Partner, Tim Richards, said although the local markets were feeling the impact of weak iron ore prices and commodity price volatility, investors could still seek comfort from international equity markets, which had generally performed well, as well as improved sentiment towards gold and silver.
Big movers for the month included Triton Minerals (up 197.8 per cent), Liquefied Natural Gas (up 162.5 per cent) and Range Resources (up 143.5 per cent) for the month of June.
