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 broad market - the ASX All Ordinaries - fell by 9.10 points (-0.22%), finishing at 4163.20 points. The index hit an intraday high of 4180.20 (about twenty minutes into the session... you can always sense when a move is ending by this sort of behaviour)and its low was 4158.10 points, set after 3 p.m. The Index that forms the cash basis for the SFE's Share Price index Futures - the S&P/ASX 200 - fell by 7.10 points (-0.17%), finishing at 4172.00 points.
The "heavy hitters" of the Australian market - the ASX 20 Leaders - managed to avoid the ignominy of a loss, and managed to rise by 2.20 points (0.10%), finishing at 2216.70 points. Within the index members, there were 8 that rose, and 12 losers. Total volume in rising issues within the ASX20 amounted to 55.13m while volume in the losers totalled 51.11m units.
The
major winners in the "big guns" were clearly the banks, led by the
Commonwealth bank after it posted better-than-expected earnings
results. The other banks fell into line:
- Commonwealth Bank Of Australia. (CBA), +$1.33 (3.86%) to $35.76 on volume of 8.65m shares;
- Australia And New Zealand Banking Group (ANZ), +$0.27 (1.31%) to $20.92 on volume of 2.65m shares;
- Westpac Banking Corporation (WBC), +$0.23 (1.19%) to $19.52 on volume of 5.22m shares;
- Westfield Group (WDC), +$0.19 (1.12%) to $17.09 on volume of 4.41m shares; and
- St George Bank (SGB), +$0.16 (0.65%) to $24.89 on volume of 924,000 shares.
The following stocks made up the biggest percentage losers in the big-guns:
- BHP Billiton (BHP), -$0.33 (1.95%) to $16.63 on volume of 17.75m shares;
- Alumina (AWC), -$0.10 (1.69%) to $5.82 on volume of 3.44m shares; and
- QBE Insurance Group (QBE), -$0.26 (1.66%) to $15.44 on volume of 1.66m shares;
- Amcor (AMC), -$0.11 (1.5%) to $7.20 on volume of 3.13m shares; and
- Wesfarmers (WES), -$0.61 (1.48%) to $40.50 on volume of 1.98m 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 -5.50 points (-0.23%), finishing at 2408.90 points. The major winners in the "pop-guns" were -
- Virotec International (VTI), +$0.06 (10.53%) to $0.63 on volume of 669,000 shares;
- Sunland Group (SDG), +$0.16 (6.53%) to $2.61 on volume of 767,000 shares;
- Record Investments (RCD), +$0.36 (5.96%) to $6.40 on volume of 779,000 shares;
- Hardman Resources (HDR), +$0.10 (5.81%) to $1.82 on volume of 8.56m shares; and
- Mosaic Oil (MOS), +$0.01 (5.71%) to $0.19 on volume of 5.99m shares.
The losingest-little-guys for the session were (in order of decline):
- Lynas Corporation (LYC), -$0.05 (15.63%) to $0.27 on volume of 1.52m shares;
- Macquarie Leisure Trust Group (MLE), -$0.14 (6.86%) to $1.90 on volume of 1.6m shares; and
- Mincor Resources (MCR), -$0.04 (5.48%) to $0.69 on volume of 3.02m shares;
- Zinifex (ZFX), -$0.16 (5.25%) to $2.89 on volume of 8.98m shares; and
- Metabolic Pharmaceuticals (MBP), -$0.05 (5%) to $0.95 on volume of 2.03m shares.
Code | Name | Close | +/- | % | Volume |
XAO | All Ordinaries | 4163.2 | -9.1 | -0.22% | 595.46m |
XTL | S&P/ASX 20 | 2216.7 | 2.2 | 0.1% | 106.24m |
XFL | S&P/ASX 50 | 4092.6 | -5.1 | -0.12% | 0 |
XTO | S&P/ASX 100 | 3388.8 | -5.9 | -0.17% | 0 |
XJO | S&P/ASX 200 | 4172 | -7.1 | -0.17% | 0 |
XKO | S&P/ASX 300 | 4178.4 | -7.4 | -0.18% | 0 |
XMD | S&P/ASX Mid-Cap 50 | 4164.2 | -18.8 | -0.45% | 0 |
XSO | S&P/ASX Small Ordinaries | 2408.9 | -5.5 | -0.23% | 173.72m |
All Ordinaries Market Internals
XAO | XSO | ASX20 | |
Advances | 159 | 61 | 8 |
Declines | 205 | 89 | 12 |
Advancing Volume | 228.14m | 73.92m | 55.13m |
Declining Volume | 278.62m | 68.04m | 51.11 |
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 0.64% to 5036.10 points. Think "banks", although the
sector was helped by other issues as well...
- Record Investments (RCD), +$0.36 (5.96%) to $6.40 on volume of 779,000 shares;
- Commonwealth Bank Of Australia. (CBA), +$1.33 (3.86%) to $35.76 on volume of 8.65m shares;
- Australia And New Zealand Banking Group (ANZ), +$0.27 (1.31%) to $20.92 on volume of 2.65m shares;
- Westpac Banking Corporation (WBC), +$0.23 (1.19%) to $19.52 on volume of 5.22m shares; and
- IOOF Holdings (IFL), +$0.10 (1.17%) to $8.66 on volume of 29,000 shares.
Second in the sector leadership stakes was Financials which gained 0.60% to 4998.70 points. The sector leaders were -
- Record Investments (RCD), +$0.36 (5.96%) to $6.40 on volume of 779,000 shares;
- Commonwealth Bank Of Australia. (CBA), +$1.33 (3.86%) to $35.76 on volume of 8.65m shares;
- ING Office Fund (IOF), +$0.02 (1.59%) to $1.28 on volume of 3.27m shares;
- Valad Property Group (VPG), +$0.02 (1.49%) to $1.36 on volume of 1.12m shares; and
- Thakral Holdings Group (THG), +$0.01 (1.33%) to $0.76 on volume of 246,000 shares.
The bronze today went to Property Trusts which gained 0.46% to 1855.30 points. The sector was led by
- ING Office Fund (IOF), +$0.02 (1.59%) to $1.28 on volume of 3.27m shares;
- Valad Property Group (VPG), +$0.02 (1.49%) to $1.36 on volume of 1.12m shares;
- Thakral Holdings Group (THG), +$0.01 (1.33%) to $0.76 on volume of 246,000 shares;
- Westfield Group (WDC), +$0.19 (1.12%) to $17.09 on volume of 4.41m shares; and
- Macquarie Prologis Trust (MPR), +$0.01 (0.9%) to $1.12 on volume of 1.55m shares.
The worst-performed sector today was Materials which lost 1.31% to 6959.20 points. The sector was dragged lower by
- Zinifex (ZFX), -$0.16 (5.25%) to $2.89 on volume of 8.98m shares;
- Minara Resources (MRE), -$0.05 (2.56%) to $1.90 on volume of 3.9m shares; and
- Onesteel (OST), -$0.06 (2.14%) to $2.74 on volume of 2.54m shares;
- Aquarius Platinum (AQP), -$0.11 (1.96%) to $5.50 on volume of 30,000 shares; and
- BHP Billiton (BHP), -$0.33 (1.95%) to $16.63 on volume of 17.75m shares.
Just in front of last place on the sector table was Industrials which lost 0.93% to 5132.80 points. The sector was pulled down by
- Australian Infrastructure Fund (AIX), -$0.12 (4.36%) to $2.63 on volume of 1.64m shares;
- Downer EDI (DOW), -$0.13 (2.39%) to $5.30 on volume of 843,000 shares; and
- United Group. (UGL), -$0.17 (2.34%) to $7.10 on volume of 347,000 shares;
- Prime Infrastructure Group (PIF), -$0.03 (2.21%) to $1.33 on volume of 1m shares; and
- Leighton Holdings (LEI), -$0.24 (2%) to $11.78 on volume of 356,000 shares.
Code | GICS Sector | Close | +/- | % | Volume |
XXJ | ASX200 Financials ex Property Trusts | 5036.1 | 31.9 | 0.64% | 52.05m |
XFJ | Financials | 4998.7 | 29.7 | 0.6% | 115.94m |
XPJ | Property Trusts | 1855.3 | 8.5 | 0.46% | 68.29m |
XTJ | Telecommunications | 1861.3 | 4.9 | 0.26% | 25.65m |
XEJ | Energy | 7375.1 | 8.3 | 0.11% | 25.34m |
XUJ | Utilities | 4753.9 | -3.2 | -0.07% | 5.39m |
XIJ | Information Technology | 423.1 | -0.5 | -0.12% | 10.28m |
XSJ | Consumer Staples | 5500 | -27.6 | -0.5% | 36.09m |
XHJ | Healthcare | 4898 | -27.5 | -0.56% | 9.76m |
XDJ | Consumer Discretionary | 2345.7 | -13.3 | -0.56% | 30.64m |
XNJ | Industrials | 5132.8 | -48.3 | -0.93% | 45.88m |
XMJ | Materials | 6959.2 | -92.2 | -1.31% | 124.59m |
All Ordinaries Volume Leaders
Code | Name | Close | +/- | % | Volume |
ADY | Admiralty Resources. | 0.11 | -0.01 | -4.35% | 35.51m |
TLS | Telstra Corporation. | 5.24 | 0.01 | 0.19% | 24.15m |
WMR | WMC Resources | 7.48 | -0.04 | -0.53% | 22.63m |
LHG | Lihir Gold | 1.05 | 0.03 | 2.94% | 20.99m |
BHP | BHP Billiton | 16.63 | -0.33 | -1.95% | 17.75m |
AZR | Aztec Resources | 0.23 | 0 | 0% | 16.02m |
All Ordinaries Top Gainers
Code | Name | Close | +/- | % | Volume |
VTI | Virotec International | 0.63 | 0.06 | 10.53% | 668577 |
IHG | Intellect Holdings | 0.038 | 0.003 | 8.57% | 15.98m |
SDG | Sunland Group | 2.61 | 0.16 | 6.53% | 767142 |
RCD | Record Investments | 6.4 | 0.36 | 5.96% | 778791 |
HDR | Hardman Resources | 1.82 | 0.1 | 5.81% | 8.56m |
All Ordinaries Top Losers
Code | Name | Close | +/- | % | Volume |
LYC | Lynas Corporation | 0.27 | -0.05 | -15.63% | 1.52m |
MLE | Macquarie Leisure Trust Group | 1.9 | -0.14 | -6.86% | 1.6m |
API | Australian Pharmaceutical Industries | 3.28 | -0.22 | -6.29% | 14.82m |
BGF | Ballarat Goldfields | 0.15 | -0.01 | -6.25% | 6.12m |
TRY | Troy Resources | 2.74 | -0.16 | -5.52% | 45800 |
Elsewhere in the Region...
The Kiwi Market advanced 26.71 points (0.85%) to a new record close. Individual stocks that dud well included...
- Fletcher Building (FBU), +$0.58 (8.54%) to $7.37 on volume of 2.02m shares;
- Steel & Tube Holdings (STU), +$0.17 (3.4%) to $5.17 on volume of 163,000 shares;
- Cavalier Corporation (CAV), +$0.10 (2.27%) to $4.50 on volume of 30,000 shares;
- AMP NZ Office Trust (APT), +$0.02 (2.13%) to $0.96 on volume of 1.67m shares;
- Nuplex Industries (NPX), +$0.10 (1.72%) to $5.90 on volume of 232,000 shares; and
- Michael Hill International (MHI), +$0.12 (1.68%) to $7.27 on volume of 8,000 shares.
Hong Kong's Hang Seng index advanced 50.63 points (0.37%). 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 E Asia (0023), +$0.20 (0.85%) to $23.60 on volume of 1.88m shares.
Country | Name | Close | +/- | % | Volume |
New Zealand | NZSE50 | 3175.321 | 26.71 | 0.85% | 19.3m |
Japan | Nikkei 225 | 11475.25 | -15.18 | -0.13% | 91371 |
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 |