Interdum stultus opportuna loquitur...

Wednesday, January 05, 2005

OzRant: Finally, a Little Breather

Note - from June 24th 2009, this blog has migrated from Blogger to a self-hosted version. Click here to go straight there.

Major Market Indices

The "heavy hitters" of the Australian market - the ASX 20 Leaders - fell by 11.90 points (-0.55%), finishing at 2145.90 points. The major winners in the "big guns" were -

  • Wesfarmer (WES), +$0.16 (0.4%) to $39.95 on volume of 1.27m shares;
  • Westfield Stapled (WDC), +$0.04 (0.24%) to $16.65 on volume of 5.73m shares;
  • Fosters (FGL), +$0.01 (0.17%) to $5.85 on volume of 4.4m shares;
  • Commonweallth Bank (CBA), +$0.04 (0.12%) to $32.21 on volume of 2.66m shares; and
  • Woodside (WPL), -$0.00 (0%) to $19.99 on volume of 1.61m shares.

Meanwhile the following stocks brought up the rear:

  • Coles Myer (CML), -$0.19 (1.95%) to $9.56 on volume of 4.22m shares;
  • Rio Tinto (RIO), -$0.73 (1.83%) to $39.07 on volume of 3.61m shares;
  • AMP (AMP), -$0.10 (1.39%) to $7.12 on volume of 5.76m shares;
  • Westpac (WBC), -$0.26 (1.33%) to $19.30 on volume of 3.87m shares; and
  • BHP Billiton (BHP), -$0.15 (0.99%) to $14.99 on volume of 15.17m shares.

In the smaller end of the market's capitalisation scale - the ASX Small Ordinaries - fell by -8.20 points (-0.36%), finishing at 2291.70 points. The major winners in the "pop-guns" were -

  • ERG (ERG), +$0.02 (6.9%) to $0.31 on volume of 4.75m shares.
  • AAV (AVV), +$0.05 (3.57%) to $1.45 on volume of 835,000 shares.
  • Multieme (MUL), +$0.00 (3.57%) to $0.03 on volume of 1.33m shares.
  • Arc Energy (ARQ), +$0.05 (3.31%) to $1.56 on volume of 1.71m shares. and
  • Cabcharge (CAB), +$0.10 (2.38%) to $4.30 on volume of 10,000 shares.

The following stocks brought up the rear in the small-caps:

  • Poor old nuffie-laden Metabolic (MBP), -$0.06 (4.69%) to $1.22 on volume of 593,000 shares;
  • Virotec (VTI), -$0.02 (4%) to $0.48 on volume of 127,000 shares;
  • Petsec (PSA), -$0.05 (4%) to $1.20 on volume of 49,000 shares; and
  • Equigold (EQI), -$0.06 (3.82%) to $1.51 on volume of 10,000 shares.

CodeNameClose+/-%Volume
XAOAll Ordinaries4043.4-17.3-0.43%0
XTLS&P/ASX 202145.9-11.9-0.55%0
XFLS&P/ASX 503962.8-19.7-0.49%0
XTOS&P/ASX 1003286.1-15.7-0.48%0
XJOS&P/ASX 2004039.4-19.2-0.47%0
XKOS&P/ASX 3004044.8-19-0.47%0
XMDS&P/ASX Mid-Cap 504072.1-14.8-0.36%0
XSOS&P/ASX Small Ordinaries2291.7-8.2-0.36%0

All Ordinaries Market Internals

XAOXSO
Advances131193
Declines2110
Advancing Volume141.77m0m
Declining Volume213.13m0m

Broad Market Internals

The market internals really don't look that bad, considering the weakness today. Fewer 52-week lows than yesterday, for example.

IndicatorLevel+/-%
Advances360-41-10.22
Declines4727518.89
Unchanged303-5-1.62
Total Traded Value218390771.08
New 52 Week Highs40-27-40.3
New 52 Week Lows5-7-58.33
Equity Call Option Volume26148-12553-32.44
Equity Put Option Volume27227-3538-11.5

S&P/ASX200 GICS Sector Indices

The top sector for the day was Healthcare which gained 0.22% to 4590.60 points. The sector was helped by

  • Sigma (SIG), +$0.21 (2.26%) to $9.50 on volume of 157,000 shares;
  • Resmed Cdi 10 (RMD), +$0.12 (1.84%) to $6.63 on volume of 228,000 shares;
  • Ramsay (RHC), +$0.07 (0.96%) to $7.35 on volume of 196,000 shares;
  • CSL (CSL), +$0.21 (0.72%) to $29.50 on volume of 326,000 shares; and
  • Ventracor (VCR), +$0.01 (0.71%) to $1.41 on volume of 229,000 shares.

Second in the sector leadership stakes was Industrials which gained 0.19% to 4888.10 points. The sector leaders were -

  • Pmp Ltd (PMP), +$0.05 (2.38%) to $2.15 on volume of 2.25m shares;
  • Henry Walker Eltin (HWE), +$0.01 (1.92%) to $0.53 on volume of 685,000 shares;
  • Prime Infrastructure Stapled (PIF), +$0.02 (1.61%) to $1.26 on volume of 354,000 shares;
  • Brambles (BIL), +$0.10 (1.41%) to $7.18 on volume of 4.34m shares; and
  • Adsteam (ADZ), +$0.02 (1.24%) to $1.63 on volume of 559,000 shares.

The worst-performed sector today was Materials which lost 1.01% to 6542.40 points. The sector was dragged lower by

  • Sims Group (SMS), -$0.60 (3.33%) to $17.40 on volume of 178,000 shares;
  • Kingsgate (KCN), -$0.08 (3.24%) to $2.39 on volume of 349,000 shares;
  • Oxiana (OXR), -$0.03 (3.09%) to $0.94 on volume of 10.02m shares;
  • Minara (MRE), -$0.05 (2.72%) to $1.79 on volume of 920,000 shares; and
  • Wattyl (WYL), -$0.09 (2.61%) to $3.36 on volume of 494,000 shares.

Just in front of the last place on the sector table was Consumer Staples which lost 0.58% to 5583.20 points. The sector was pulled down by

  • Coca Cola Amatil (CCL), -$0.20 (2.44%) to $8.00 on volume of 1.08m shares;
  • Coles Myer (CML), -$0.19 (1.95%) to $9.56 on volume of 4.22m shares;
  • SPC Ardmona (SPC), -$0.01 (0.45%) to $2.20 on volume of 449,000 shares;
  • AWB (AWB), -$0.02 (0.43%) to $4.61 on volume of 444,000 shares; and
  • Woolworths (WOW), -$0.06 (0.4%) to $14.90 on volume of 2.04m shares.
Code GICS Sector Close +/- %
XHJ Healthcare 4590.6 10 0.22%
XNJ Industrials 4888.1 9.2 0.19%
XPJ Property Trusts 1855.4 2.6 0.14%
XIJ Information Technology 392.4 -0.3 -0.08%
XUJ Utilities 4576.4 -8.2 -0.18%
XEJ Energy 6984.9 -20.2 -0.29%
XTJ Telecommunications 1766.5 -5.6 -0.32%
XFJ Financials 4834.1 -20.3 -0.42%
XDJ Consumer Discretionary 2432.3 -12.7 -0.52%
XXJ ASX200 ex Property Trusts 4823.2 -28.2 -0.58%
XSJ Consumer Staples 5583.2 -32.7 -0.58%
XMJ Materials 6542.4 -66.9 -1.01%

All Ordinaries Volume Leaders

CodeNameClose+/-%Volume
ZYL Zylotech 0.008 0.002 33.33%125.05m
JRV Jervois 0.03-0.01-13.16%88.25m
AFT AFT Corp 0.0270.0128.57%72.69m
ADY Admiralty Resources 0.080.0118.57%61.13m
RRS Range Resources 0.051-0.01-10.53%57.21m

All Ordinaries Top Gainers

Although Resources (or Materials, if you prefer... whatever) was the dog sector today, the small-cap movers look very Resources-ish.

CodeNameClose+/-%Volume
TIR Titan Resources 0.1450.0679.01%32.57m
CNTCentamin Egypt0.290.0414%285000
ERGERG Limited0.310.026.9%4.75m
BOCBougainville0.390.025.41%166972
TPXTasmanian Trust 5.00 0.255.26%1000

All Ordinaries Top Losers

Why isn't OTT in the new-fangled Telecommunications GICS sector? (Maybe because it's too small... not sure... most telecomms are now too small for the Top 200)

CodeNameClose+/-%Volume
OTTOpen Telecommun0.32-0.04-9.86%25000
CAGCape Range 0.037 0003 -7.5%380000
TRYTroy Rsc 3.00 -0.19-5.96%29200
CGXCentral Asia Gold0.64-0.04-5.88%200
NVENovera Energy0.33-0.02-5.71%64540

Elsewhere in the Region...

The Kiwi Market advanced 22.95 points (0.01%) to a new all-time high at 3087.39 points.

Individual stocks that dud well included...

  • Promina Group (PMN), +$0.20 (3.45%) to $6.00 on volume of 48,000 shares;
  • AXA Asia Pacific (AXA), +$0.10 (2.27%) to $4.50 on volume of 34,000 shares;
  • Mainfreight (MFT), +$0.05 (2.22%) to $2.30 on volume of 41,000 shares;
  • The Warehouse Group (WHS), +$0.08 (2.2%) to $3.71 on volume of 112,000 shares;
  • Ports Of Auckland (POA), +$0.15 (2.19%) to $7.00 on volume of 111,000 shares; and
  • Fisher & Paykel (FPA), +$0.09 (2.09%) to $4.39 on volume of 113,000 shares.

On the other hand, Japan and Hong Kong got pretty soundly thrashed on the heels of the US market decline: banks and brokerage stocks hurt the Nikkei the most, with export-oriented stocks mitigating the damage due to the weakening of the Yen.

As with yesterday, not a single issue in the big-cap Hang Seng was able to muster a gain; the index was walloped for close to 2% (it's not closed yet though), led lower by

  • Henderson Investments (0097), -$0.55 (4.89%) to HK$10.70 on volume of 2.2m shares;
  • Wheelock (0020), -$0.50 (4.05%) to HK$11.85 on volume of 1.58m shares;
  • Henderson Land (0012), -$1.50 (3.78%) to HK$38.20 on volume of 6.59m shares;
  • Cheong Kung Holdings (1038), -$0.80 (3.73%) to HK$20.65 on volume of 4.31m shares;
  • Cathay Pacific Air (0293), -$0.50 (3.42%) to HK$14.10 on volume of 5.51m shares; and
  • China Resources (0291), -$0.40 (3.35%) to HK$11.55 on volume of 1.94m shares.
CountryNameClose+/-%Volume
New ZealandNZSE503087.39222.950.75% -na-
JapanNikkei 22511419.66-98.09-0.85%69090
KoreaKOSPI885.19-1.71-0.19%338382
SingaporeStraits Times2073.575.080.25%81.21m
Hong KongHang Seng13786.77-259.13-1.84%299.87m
MalaysiaKLSE Comp907.715.220.58%26.52m

Main SFE Futures Contracts

CodeInstrumentClose+/-%Volume
SPI05MSPI200 Index SFE4039-36-0.88%13583
IR05M90-day Bank Bills SFE94.59-0.01-0.01%13913
YT05M3-yr Bond SFE94.7-0.02-0.02%111766
XT05M10-yr Bond SFE94.5-0.02-0.02%35161