Note - from June 24th 2009, this blog has migrated from Blogger to a self-hosted version. Click here to go straight there.
First, the Good News
This little corner of the Blogosphere is being syndicated more widely. It's been "picked up" for distribution by theFinancials.com - as Effie would say, How excitement.
The exposure that theFinancials will provide is well worth the additional effort (they have an e-mail distribution alone that is bigger than the top 15 Australian sites put together). Thorpey says "that's fully sick".
{Note - I don't mean Ian Thorpe the metrosexual swimmer who does annoying ads for cereal products... I mean Dave Thorpe, who owns a petrol station in Finley and who is getting hold of a distributor cap for one of the RantMobiles... so stick your copyright lawsuits up your silly body-glove swimming cozzies}.
Back to my little triumph...
At this stage, it's only the US Economic Statistics section of the Morning Rant, but there's an option to expand and provide European Economic and Market commentary, and some stuff on Precious Metals and Energy, if I can build it fast (hint: it's built, baby!). I will also try and convince them that an expanded Bond market coverage is worth doing.
By the time I'm writing on every major market segment on this little ball of rock, maybe I will stop making so many damn typos (although moving to DreamWeaver has helped).
Will this mean less anti-Yank ranting and so on? Is the Pope a freemason?
"If you build it, they will come"... well, actually I went to them. The important thing is that it happened eventually, with no ceding of editorial integrity on my part.
What fun it will be.
OK... now the bad news.
Actually... before I get to the markets, just let me toot a little more.
Who was it who said the following: (on August 22nd)
|
OK... OK... too much tooting... but have you looked outside recently? I keep expecting to see the Four Horsemen.
And Now, The Bad News...
Major Market Indices
The "heavy hitters" of the Australian market - the ASX 20 Leaders - fell by -12.30 points (-0.59%), finishing at 2071.90 points. The major winners in the "big guns" were -
- Amcor (AMC), +$0.06 (0.89%) to $6.83 on volume of 21.75m shares;
- Westpac Banking (WBC), +$0.10 (0.54%) to $18.50 on volume of 6.44m shares;
- News Corpse B (NWS), +$0.06 (0.26%) to $23.16 on volume of 5.42m shares;
- Natl Aust Bank (NAB), +$0.05 (0.18%) to $28.10 on volume of 4.71m shares; and
- News Corpse A (NWSLV), +$0.02 (0.09%) to $22.74 on volume of 5.62m shares
Meanwhile the following stocks brought up the rear:
- Foster's Group (FGL), -$0.18 (3.21%) to $5.42 on volume of 5.28m shares;
- Woodside Petrolm (WPL), -$0.60 (3.04%) to $19.14 on volume of 2m shares;
- Wesfarmers (WES), -$1.05 (2.77%) to $36.85 on volume of 1.5m shares;
- Coles Myer (CML), -$0.24 (2.42%) to $9.66 on volume of 2.34m shares; and
- Alumina (AWC), -$0.13 (2.26%) to $5.62 on volume of 4.52m shares.
| Code | Name | Close | +/- | % | Volume |
| XAO | All Ordinaries | 3909.8 | -29.9 | -0.76% | 685.84m |
| XTL | S&P/ASX 20 | 2071.9 | -12.3 | -0.59% | 131.08m |
| XFL | S&P/ASX 50 | 3821.5 | -27.9 | -0.72% | 237.3m |
| XTO | S&P/ASX 100 | 3165.2 | -23.1 | -0.72% | 393.36m |
| XJO | S&P/ASX 200 | 3897.7 | -29.8 | -0.76% | 522.59m |
| XKO | S&P/ASX 300 | 3905.2 | -30.5 | -0.77% | 624.4m |
| XMD | S&P/ASX Mid-Cap 50 | 3895.6 | -29.2 | -0.74% | 156.06m |
| XSO | S&P/ASX Small Ordinaries | 2267.8 | -37.8 | -1.64% | 231.04m |
All Ordinaries Market Internals
It was pretty ordinary in the trenches; loads more stocks fell than rose (more than 2:1 decliners in the All Ords, and almost 2.5:1 in the entire market).
| Advances | 115 |
| Declines | 284 |
| Advancing Volume | 217.86m |
| Declining Volume | 369.41m |
Broad Market Internals
| Indicator | Level | +/- | % |
| Advances | 265 | -90 | -25.35 |
| Declines | 687 | 140 | 25.59 |
| Unchanged | 254 | -44 | -14.77 |
| Total Traded Value | 3516 | 469 | 15.39 |
| New 52 Week Highs | 27 | -30 | -52.63 |
| New 52 Week Lows | 17 | 8 | 88.89 |
| Equity Call Option Volume | 36629 | 630 | 1.75 |
| Equity Put Option Volume | 43543 | 15397 | 54.7 |
S&P/ASX200 GICS Sector Indices
No ASX200 Sector rose for the day.The top sector for the day was the ASX200 Financials ex Property Trusts which lost -0.12% to 4648.30 points. The sector was pulled down by
- Ioof Hldgs (IFL), -$0.29 (3.44%) to $8.14 on volume of 98k shares;
- Oamps (OMP), -$0.12 (3.23%) to $3.60 on volume of 232k shares;
- Chall Fin-Def (CGFDA), -$0.07 (2.27%) to $3.02 on volume of 1.09m shares;
- Tower (TWR), -$0.03 (1.62%) to $1.82 on volume of 1.92m shares; and
- Suncorp-Metway (SUN), -$0.18 (1.03%) to $17.37 on volume of 760k shares.
Second in the sector leadership stakes was Telecommunications which lost -0.18% to 1743.00 points. The sector leaders were -
- Telecom Of NZ (TEL), UNCH at $5.60 on volume of 1.95m;
- TelstraTLS), down a penny (0.2%) to $4.88 on volume of 11.02m.
The bronze today went to Financials which lost -0.18% to 4660.20 points. The sector was dragged lower by
- Ioof Hldgs (IFL), -$0.29 (3.44%) to $8.14 on volume of 98k shares;
- Oamps (OMP), -$0.12 (3.23%) to $3.60 on volume of 232k shares;
- Chall Fin-Def (CGFDA), -$0.07 (2.27%) to $3.02 on volume of 1.09m shares;
- Tower (TWR), -$0.03 (1.62%) to $1.82 on volume of 1.92m shares; and
- Suncorp-Metway (SUN), -$0.18 (1.03%) to $17.37 on volume of 760k shares.
The worst-performed sector today was Energy which lost 3.36% to 6734.70 points. The sector was no surprise - along with the rest of the resources sectors, all dragged lower by continued falls in world oil prices, plus a retracement in Gold (which just might be the start of something pretty big) and weakness in base metals prices. Smells to me like the commodities are getting ready for a US dollar bounce, no?
- Hardman Resources (HDR), -$0.12 (7.19%) to $1.55 on volume of 5.58m shares;
- Tap Oil (TAP), -$0.10 (5.65%) to $1.67 on volume of 705k shares;
- Roc Oil Company (ROC), -$0.09 (5.03%) to $1.70 on volume of 820k shares;
- Oil Search (OSH), -$0.08 (4.44%) to $1.72 on volume of 3.57m shares; and
- Santos (STO), -$0.32 (3.71%) to $8.30 on volume of 2.22m shares.
Just in front of the last place on the sector table was Materials which lost 1.52% to 6347.10 points. The sector was pulled down by
- Kingsgate Consolidated (KCN), -$0.19 (7.34%) to $2.40 on volume of 318k shares;
- Excel Coal (EXL), -$0.34 (6.87%) to $4.61 on volume of 1.45m shares;
- Sims Group (SMS), -$1.20 (6.86%) to $16.30 on volume of 695k shares;
- Kimberley Dia (KIM), -$0.06 (6.38%) to $0.88 on volume of 2.23m shares; and
- Oxiana (OXR), -$0.06 (6%) to $0.94 on volume of 11.91m shares.
| Code | GICS Sector | Close | +/- | % | Volume |
| XXJ | ASX200 ex Property Trusts | 4648.3 | -5.4 | -0.12% | 78.09m |
| XTJ | Telecommunications | 1743 | -3.1 | -0.18% | 13.27m |
| XFJ | Financials | 4660.2 | -8.4 | -0.18% | 153.5m |
| XHJ | Healthcare | 4427.1 | -13.3 | -0.3% | 12.87m |
| XPJ | Property Trusts | 1790.4 | -7.1 | -0.39% | 75.41m |
| XUJ | Utilities | 4301 | -21.7 | -0.5% | 4.81m |
| XDJ | Consumer Discretionary | 2338.6 | -14.4 | -0.61% | 40.7m |
| XIJ | Information Technology | 361.2 | -3.3 | -0.91% | 7.42m |
| XSJ | Consumer Staples | 5432.2 | -65.3 | -1.19% | 63.75m |
| XNJ | Industrials | 4659.7 | -61.3 | -1.3% | 47.47m |
| XMJ | Materials | 6347.1 | -97.7 | -1.52% | 154.42m |
| XEJ | Energy | 6734.7 | -234.3 | -3.36% | 24.38m |
All Ordinaries Volume Leaders
| Code | Name | Close | +/- | % | Volume |
| MUL | Multiemedia Com | 0.031 | 0.003 | 10.71% | 54.7m |
| RMG | RMG | 0.03 | 0.003 | -10.71% | 30.87m |
| INT | Intermoco | 0.092 | 0.01 | 8.24% | 29.99m |
| BHP | BHP Billiton | 14.75 | -0.15 | -1.01% | 28.06m |
| HHG | HHG Plc | 1.24 | 0 | 0% | 27.33m |
All Ordinaries Top Gainers
| Code | Name | Close | +/- | % | Volume |
| MUL | Multiemedia Com | 0.031 | 0.003 | 10.71% | 54.7m |
| SSS | Sam's Seafood | 1.47 | 0.12 | 8.89% | 16900 |
| BGF | Ballarat Gldflds | 0.155 | 0.01 | 6.9% | 3.76m |
| AGI | Ainsworth Game | 1.1 | 0.07 | 6.8% | 1.03m |
| NAL | Norwood Abbey | 0.68 | 0.03 | 4.62% | 932333 |
All Ordinaries Top Losers
| Code | Name | Close | +/- | % | Volume |
| HWE | Henry Walker Elt | 0.41 | -0.08 | -15.46% | 11.38m |
| UNW | Unwired Group | 0.61 | -0.08 | -11.59% | 1.57m |
| GGN | Gallery Gold | 0.36 | -0.03 | -7.69% | 913177 |
| LYC | Lynas Corp | 0.31 | -0.03 | -7.58% | 216086 |
| KCN | Kingsgate Cons. | 2.4 | -0.19 | -7.34% | 318010 |
Elsewhere in the Region...
| Country | Name | Close | +/- | % | Volume |
| New Zealand | NZSE50 | 2991.152 | -19.75 | -0.66% | 24.99m |
| Japan | Nikkei 225 | 10932.21 | 58.58 | 0.54% | 53656 |
| Korea | KOSPI | 868.71 | 7.64 | 0.89% | 309566 |
| Singapore | Straits Times | 2025.12 | 8.86 | 0.44% | 75.37m |
| Hong Kong | Hang Seng | 14172.09 | -63.69 | -0.45% | 181.66m |
| Malaysia | KLSE Comp | 905.72 | -6.69 | -0.73% | 26.62m |
Main SFE Futures Contracts
| Code | Instrument | Close | +/- | % | Volume |
| SPI04Z | SPI200 Index SFE | 3890 | -45 | -1.14% | 20002 |
| IR04Z | 90-day Bank Bills SFE | 94.73 | -0.01 | -0.01% | 21438 |
| YT04Z | 3-yr Bond SFE | 95.07 | 0.01 | 0.01% | 30989 |
| XT04Z | 10-yr Bond SFE | 94.82 | 0 | 0% | 12614 |
