The big story to come out of the US overnight was that of the LinkedIn debut on the New York Stock Exchange. After investors reportedly snapped up shares in the IPO at $45 it traded to a high of $122.70 before closing at $94.25. It overshadowed the rather sedate session on the Dow Jones which closed up 45.14 points. Our market once again ignored any lead from the US and lost ground early in the session and traded in a choppy range thereafter for the XJO to close 24.2 points or half a percent lower. For the week, it edged 0.44% higher. The Information Technology and Property Trusts sectors were the only ones to close positively. Of the losers, the Materials and Metals/Mining sectors suffered most, down 1.2 and 1.3% respectively. The Australian dollar has remained steady for the day.