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Shares Race tipsters struggle to make headway in lacklustre sharemarket

Another lacklustre week for the sharemarket has left our tipsters largely treading water in week three of the four-week Shares Race.

The Dartboard remains in first position and just above water, with the other tipsters holding portfolios worth less than the $100,000 they started with.

Retailers were whacked in the later part of the week after Topshop's Australian stores went into voluntary administration. 

Shares in Myer, which has an interest in Topshop, fell,  as did investor sentiment towards most of the large retailers. 

The big banks had a better week after being hit earlier in the competition as a result of the federal government's plans to sting the big four plus Macquarie Bank with a levy.

The S&P;/ASX 200 Index finished close to where it started this week at about 5800 points.

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The Dartboard is followed by the Chartist Richard Pritchard and Kalkine's Hina Chowdhary, though little separates the placings.

The Dartboard is doing well from Ainsworth Game Technology, the poker machine maker, and from Decmil Group, the construction and engineering services company.

Pritchard's pick of Ausnet Financial Services is the best performing in the Shares Race so far with his original $10,000 worth $11,667.

The Perth-based real estate and financial services group has plans to expand nationally.

Resapp Health, picked by Fairfax journalist Phil Baker, is the second-best performer.

The company provides digital healthcare for doctors to diagnose and manage respiratory disease.

The Shares Race is a fantasy shares game. Contestants start with $100,000 across 10 stocks.