Resources sector price falls

Commodity price falls have caused further carnage in the resources sector, but we're happy with our recommendations.

Commodity prices have been finding new depths this week. The oil price is now down to US$40.73, while iron ore has a 3 in front of it. It all means that the carnage for resources stocks has continued, and our key recommendations in the sector – BHP Billiton, South32, Origin Energy and Santos – have been front and centre amongst it. Of the two Buys, BHP is now down 35% since BHP and the iron ore crash (Buy – $25.63), South32 is down 54% since The ups and downs of South32 (Buy – $2.17), while of the Holds, Origin Energy is down 60% since Origin gets an upgrade (Buy– $11.41) and Santos is down 75% since Get your claws into Santos (Buy – $3.97).

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