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Major Market Indices
The broad market - the ASX All Ordinaries - fell by -3.20 points (-0.08%), finishing at 4160.00 points. The index hit an intraday high of 4164.20 and its low was 4148.10 points. The Index that forms the cash basis for the SFE's Share Price index Futures - the S&P/ASX 200 - rose by 2.90 points (0.07%), finishing at 4174.90 points.
The "heavy hitters" of the Australian market - the ASX 20 Leaders - rose by 20.80 points (0.94%), finishing at 2237.50 points. Within the index members, there were 7 that rose, and 13 losers. Total volume in rising issues within the ASX20 amounted to 84.33 while volume in the losers totalled 55.52m units.
Today should just be called "Banks Day"; if you ex out the contribution of the major banks, the rest of the market was pretty sullen. Pick an index, and you could calculate its relative performance based solely on the proportion of total market cap that was represented by the major banks.
The major winners in the "big guns" were -
- Australia And New Zealand Banking Group (ANZ), +$0.91 (4.35%) to $21.83 on volume of 9.38m shares;
- Commonwealth Bank Of Australia. (CBA), +$1.33 (3.72%) to $37.09 on volume of 9.01m shares;
- Westpac Banking Corporation (WBC), +$0.61 (3.13%) to $20.13 on volume of 8.24m shares;
- National Australia Bank (NAB), +$0.65 (2.18%) to $30.45 on volume of 8.29m shares; and
- AMP Limited (AMP), +$0.10 (1.31%) to $7.71 on volume of 6.6m shares.
The following stocks made up the biggest percentage losers in the big-guns:
- Foster's Group (FGL), -$0.13 (2.39%) to $5.32 on volume of 8.6m shares;
- News Corporation (NWSLV), -$0.49 (2.24%) to $21.41 on volume of 2.45m shares;
- Alumina (AWC), -$0.11 (1.89%) to $5.71 on volume of 5.95m shares;
- News Corporation (NWS), -$0.42 (1.85%) to $22.26 on volume of 4.31m shares; and
- Woodside Petroleum (WPL), -$0.20 (0.99%) to $20.10 on volume of 1.13m shares.
At the smaller end of the market's capitalisation scale, the ASX Small Ordinaries Index - the only place where underexploited value exists with any regularity - fell by -17.70 points (-0.73%), finishing at 2391.20 points. The major winners in the "pop-guns" were -
- Metabolic Pharmaceuticals (MBP), +$0.07 (7.37%) to $1.02 on volume of 1.88m shares;
- Resolute Mining (RSG), +$0.08 (5.93%) to $1.43 on volume of 415,000 shares;
- Agenix (AGX), +$0.03 (5.62%) to $0.47 on volume of 241,000 shares;
- Aquarius Platinum (AQP), +$0.23 (4.18%) to $5.73 on volume of 64,000 shares; and
- Genetic Technologies (GTG), +$0.02 (3.77%) to $0.55 on volume of 349,000 shares.
The losingest-little-guys for the session were (in order of decline):
- Peptech (PTD), -$0.11 (6.01%) to $1.72 on volume of 1.04m shares;
- Sally Malay Mining (SMY), -$0.05 (5.38%) to $0.88 on volume of 266,000 shares; and
- Macmahon Holdings (MAH), -$0.03 (5.36%) to $0.53 on volume of 1.72m shares;
- Maxitrans Industries (MXI), -$0.05 (5.15%) to $0.92 on volume of 1.74m shares; and
- Record Investments (RCD), -$0.30 (4.69%) to $6.10 on volume of 492,000 shares.
| Code | Name | Close | +/- | % | Volume |
| XAO | All Ordinaries | 4160 | -3.2 | -0.08% | 553.28m |
| XTL | S&P/ASX 20 | 2237.5 | 20.8 | 0.94% | 139.85m |
| XFL | S&P/ASX 50 | 4106.6 | 14 | 0.34% | 0 |
| XTO | S&P/ASX 100 | 3393.5 | 4.7 | 0.14% | 0 |
| XJO | S&P/ASX 200 | 4174.9 | 2.9 | 0.07% | 0 |
| XKO | S&P/ASX 300 | 4180.9 | 2.5 | 0.06% | 0 |
| XMD | S&P/ASX Mid-Cap 50 | 4119.4 | -44.8 | -1.08% | 0 |
| XSO | S&P/ASX Small Ordinaries | 2391.2 | -17.7 | -0.73% | 142.34m |
All Ordinaries Market Internals
| XAO | XSO | ASX20 | |
| Advances | 135 | 53 | 7 |
| Declines | 245 | 106 | 13 |
| Advancing Volume | 187.37m | 44.18m | 84.33m |
| Declining Volume | 281m | 66.25m | 55.52 |
Broad Market Internals
| Indicator | Level | +/- | % |
| Advances | 412 | -16 | -3.74 |
| Declines | 458 | 4 | 0.88 |
| Unchanged | 316 | -19 | -5.67 |
| Total Traded Value | 3334 | -586 | -14.95 |
| New 52 Week Highs | 61 | -22 | -26.51 |
| New 52 Week Lows | 22 | 6 | 37.5 |
| Equity Call Option Volume | 45468 | -15333 | -25.22 |
| Equity Put Option Volume | 34041 | -14794 | -30.29 |
S&P/ASX200 GICS Sector Indices
The top sector for the day was ASX200 Financials ex Property Trusts which gained 2.00% to 5137.00 points. The sector was helped by the same stocks that helped the second-placed "Financials" sector... namely, the banks.
- Australia And New Zealand Banking Group (ANZ), +$0.91 (4.35%) to $21.83 on volume of 9.38m shares;
- Commonwealth Bank Of Australia. (CBA), +$1.33 (3.72%) to $37.09 on volume of 9.01m shares;
- Westpac Banking Corporation (WBC), +$0.61 (3.13%) to $20.13 on volume of 8.24m shares;
- National Australia Bank (NAB), +$0.65 (2.18%) to $30.45 on volume of 8.29m shares; and
- Bank Of Queensland. (BOQ), +$0.22 (2.07%) to $10.84 on volume of 229,000 shares.
Second in the sector leadership stakes was Financials (as with yesterday, that meant Banks). The Financials index gained 1.41% to 5069.40 points. The sector leaders were -
- Australia & New Zealand Banking Group (ANZ), +$0.91 (4.35%) to $21.83 on volume of 9.38m shares;
- Commonwealth Bank Of Australia. (CBA), +$1.33 (3.72%) to $37.09 on volume of 9.01m shares;
- Westpac Banking Corporation (WBC), +$0.61 (3.13%) to $20.13 on volume of 8.24m shares;
- National Australia Bank (NAB), +$0.65 (2.18%) to $30.45 on volume of 8.29m shares; and
- Bank Of Queensland. (BOQ), +$0.22 (2.07%) to $10.84 on volume of 229,000 shares.
The bronze today went to Telecommunications which gained 0.92% to 1878.50 points - again, all thanks to Telstra which addded another 1.15%.
- Telstra Corporation. (TLS), +$0.06 (1.15%) to $5.30 on volume of 39.83m shares;
- Telecom Corporation Of New Zealand (TEL), -$0.02 (0.34%) to $5.78 on volume of 1.26m shares.
The worst-performed sector today was Healthcare which lost 1.86% to 4806.70 points. The sector was dragged lower by
- Peptech (PTD), -$0.11 (6.01%) to $1.72 on volume of 1.04m shares;
- Chemeq (CMQ), -$0.07 (4.55%) to $1.47 on volume of 228,000 shares; and
- Novogen (NRT), -$0.20 (3.6%) to $5.35 on volume of 84,000 shares;
- DCA Group (DVC), -$0.11 (3.14%) to $3.39 on volume of 905,000 shares; and
- Cochlear (COH), -$0.79 (2.79%) to $27.50 on volume of 181,000 shares.
Just in front of last place on the sector table was Information Technology which lost 1.68% to 416.00 points. The sector was pulled down by
- Vision Systems (VSL), -$0.05 (3.82%) to $1.26 on volume of 458,000 shares;
- Baycorp Advantage (BCA), -$0.06 (1.8%) to $3.28 on volume of 235,000 shares;
- Computershare. (CPU), -$0.11 (1.69%) to $6.39 on volume of 1.38m shares;
- MYOB (MYO), -$0.01 (0.87%) to $1.14 on volume of 257,000 shares; and
- IRESS Market Technology (IRE), -$0.03 (0.72%) to $4.15 on volume of 373,000 shares.
| Code | GICS Sector | Close | +/- | % | Volume |
| XXJ | ASX200 Financials ex Property Trusts | 5137 | 100.9 | 2% | 76.43m |
| XFJ | Financials | 5069.4 | 70.7 | 1.41% | 137.85m |
| XTJ | Telecommunications | 1878.5 | 17.2 | 0.92% | 41.09m |
| XPJ | Property Trusts | 1843 | -12.3 | -0.66% | 66.63m |
| XMJ | Materials | 6910.4 | -48.8 | -0.7% | 99.15m |
| XNJ | Industrials | 5084.1 | -48.7 | -0.95% | 41.73m |
| XSJ | Consumer Staples | 5436.5 | -63.5 | -1.15% | 31.02m |
| XUJ | Utilities | 4698.6 | -55.3 | -1.16% | 5.99m |
| XEJ | Energy | 7268.6 | -106.5 | -1.44% | 26.57m |
| XDJ | Consumer Discretionary | 2306.4 | -39.3 | -1.68% | 41.69m |
| XIJ | Information Technology | 416 | -7.1 | -1.68% | 6.31m |
| XHJ | Healthcare | 4806.7 | -91.3 | -1.86% | 8.91m |
All Ordinaries Volume Leaders
| Code | Name | Close | +/- | % | Volume |
| TLS | Telstra Corporation. | 5.30 | 0.06 | 1.15% | 39.83m |
| ADY | Admiralty Resources. | 0.10 | -0.01 | -9.09% | 20.43m |
| BHP | BHP Billiton | 16.58 | -0.05 | -0.3% | 13.93m |
| GBG | Gindalbie Gold | 0.11 | -0.02 | -12% | 13.54m |
| WMR | WMC Resources | 7.49 | 0.01 | 0.13% | 12.7m |
| HDR | Hardman Resources | 1.86 | 0.04 | 2.2% | 12.62m |
All Ordinaries Top Gainers
| Code | Name | Close | +/- | % | Volume |
| CIY | City Pacific | 5.58 | 0.43 | 8.35% | 458228 |
| MBP | Metabolic Pharmaceuticals | 1.02 | 0.07 | 7.37% | 1.88m |
| RUPDP | Rural Press | 10.70 | 0.70 | 7% | 10073 |
| TKR | Triako Resources | 1.42 | 0.09 | 6.77% | 59880 |
| CEQ | Central Equity | 2.13 | 0.13 | 6.5% | 216500 |
All Ordinaries Top Losers
| Code | Name | Close | +/- | % | Volume |
| SMC | Strategic Minerals Corporation | 0.12 | -0.01 | -7.69% | 558460 |
| PTD | Peptech | 1.72 | -0.11 | -6.01% | 1.04m |
| SEL | S8 | 2.12 | -0.13 | -5.78% | 57938 |
| SMY | Sally Malay Mining | 0.88 | -0.05 | -5.38% | 266225 |
| MAH | Macmahon Holdings | 0.53 | -0.03 | -5.36% | 1.72m |
Elsewhere in the Region...
Japan has just managed to get to the flatline as I write this, having been dow nfor most of the session. Techs have been weak, but brokerage stocks helped partially offset the index.
The Kiwi Market declined 14.19 points (-0.45%). 29 Stocks declined within the NZSE50, against just 11 that gained for the session. Volume was also overwhelmingly in decliners - 10.9million shares traded in losers versus just 2.7 million shares in stocks that advanced. Individual stocks that led the decline included...
- Fletcher Building (FBU), -$0.19 (2.58%) to $7.18 on volume of 490,000 shares;
- Sky City Entertainment (SKC), -$0.13 (2.44%) to $5.20 on volume of 238,000 shares;
- Lion Nathan (LNN), -$0.20 (2.41%) to $8.10 on volume of 7,000 shares;
- Ports Of Auckland (POA), -$0.16 (2.41%) to $6.49 on volume of 37,000 shares; and
- Pumpkin Patch (PPL), -$0.06 (2.05%) to $2.87 on volume of 230,000 shares.
Hong Kong's Hang Seng index advanced 50.63 points (0.37%). 21 of the 32 inde members managed a gain, while just 2 stocks fell (Esprit -1.5% and PCCW -0.55%). Total volume in gainers was a massive 23.6 times the volume in the two decliners: 167 million units traded in stocks that went up, versus just 6.98 million in losers. Individual stocks that contributed to the advance included...
- Lenovo Group (0992), +$0.08 (3.37%) to $2.30 on volume of 62.71m shares;
- Li & Fung (0494), +$0.25 (1.94%) to $13.15 on volume of 4.8m shares;
- Cosco Pacific (1199), +$0.25 (1.47%) to $17.30 on volume of 1.9m shares;
- CNOOC (0883), +$0.05 (1.27%) to $3.98 on volume of 26.9m shares;
- Denway Motors (0203), +$0.03 (0.87%) to $2.90 on volume of 23.2m shares; and
- Bank Of East Asia (0023), +$0.20 (0.85%) to $23.60 on volume of 1.88m shares.
| Country | Name | Close | +/- | % | Volume |
| New Zealand | NZSE50 | 3161.131 | -14.19 | -0.45% | 16.6m |
| Japan | Nikkei 225 | 11464.17 | -9.18 | -0.08% | 88811 |
| Korea | KOSPI | 949.19 | 15.64 | 1.68% | 421374 |
| Singapore | Straits Times | 2140.16 | 0 | 0% | 0 |
| Hong Kong | Hang Seng | 13845.63 | 50.63 | 0.37% | 218.21m |
| Malaysia | KLSE Comp | 914.91 | 2.33 | 0.26% | 0 |
