Average rises in fifth session of Magic Millions
THE fifth session of the Magic Millions Yearling Sale for the select 2 part of the sale was conducted at a vastlyscale on Sunday than for the sale's preceding sessions. However, unlike the select 1 part of the sale and most recent thoroughbred sales around the world, the day did not register across-the-board declines with the average of A$38,034 for 143 horses soldan increase of 18 per cent compared to A$32,269 in 2008.
The day's aggregate of A$5.4 was a percentage point down on 2008's total of $5.5 however this can be excused by the fact that lastyear's figure was achieved by a 60-lot bigger catalogue. Even the clearance rate improved from 2008's 78 per cent to 82 per cent.
The horses did not measure up quality-wise to those offered through earlier sessions and only eight horses made over A$100,000, with the top price of A$165,000 given by De Burgh Equine for a filly by first-season Coolmore sire Oratorio.