Magic Millions Perth ends with average up
THE Magic Millions Perth Yearling Sale concluded on Sunday, with a smaller catalogue and strong support from Malaysianand Singapore buyers contributing to a 43 per cent increase in average.
At the end of the four-day sale, 115 lots were sold for turnover of A$836,500 (£464,500, €530,500) and an average of A$7,274 (£4,000,€4,600), compared with 174 horses changing hands for A$887,050 (£490,000, €563,000) for an average of A$5,098 (£2,800, €3,200) in 2009.
Malaysian champion trainer K. L. Chong was the leading buyer on Sunday, spending A$86,000 on seven lots including the A$34,000 joint session-topper, a colt by Danehill stallion Untouchable.
Throughout the course of the week Chong spent A$603,000 on 17 lots.
The other top lot was a Hartley's Spirit colt sold to trainer Brent Larsson.
Magic Millions managing director David Chester said after the sale: "The line up of yearlings on offer over the four sessions this year was first class and let'snot forget recent graduates of the sale include the champion stablemates Scenic Blast and Scenic Shot."