Interdum stultus opportuna loquitur...

Tuesday, February 15, 2005

OzRant: Was it Friday? Soooo Sloooowww...

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Major Market Indices

The broad market - the ASX All Ordinaries - fell by 6.70 points (-0.16%), finishing at 4136.30 points. The index hit an intraday high of 4150.30 and its low was 4132.7. The Index that forms the cash basis for the SFE's Share Price index Futures - the S&P/ASX 200 - fell by 5.40 points (-0.13%), finishing at 4144.80 points.

The "heavy hitters" of the Australian market - the ASX 20 Leaders - rose by 1.40 points (0.06%), finishing at 2215.60 points. Within the index members, there were 9 that rose, and 11 losers. Total volume in rising issues within the ASX20 amounted to 55.98 while volume in the losers totalled 47.24m units.

The biggest winners in the "big guns" were resource (and particularly oil-) focussed, along with booze, phones and home equity extractions. What more could anybody hope for?

  • Woodside Petroleum (WPL), +$0.77 (3.68%) to $21.72 on volume of 4.02m shares;
  • BHP Billiton (BHP), +$0.25 (1.48%) to $17.15 on volume of 12.84m shares;
  • Foster's Group (FGL), +$0.06 (1.15%) to $5.29 on volume of 8.75m shares;
  • Telstra Corporation. (TLS), +$0.06 (1.14%) to $5.32 on volume of 15.49m shares; and
  • Commonwealth Bank Of Australia. (CBA), +$0.33 (0.93%) to $35.63 on volume of 3.3m shares.

The following stocks made up the biggest percentage losers in the big-guns:

  • Wesfarmers (WES), -$0.75 (1.9%) to $38.80 on volume of 665,000 shares;
  • Westfield Group (WDC), -$0.25 (1.48%) to $16.61 on volume of 8.11m shares;
  • News Corporation (NWSLV), -$0.29 (1.35%) to $21.24 on volume of 2m shares;
  • News Corporation (NWS), -$0.29 (1.29%) to $22.11 on volume of 3.16m shares; and
  • Westpac Banking Corporation (WBC), -$0.22 (1.12%) to $19.47 on volume of 5.36m 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 - rose by 2.10 points (0.09%), finishing at 2403.60 points. The major winners in the "pop-guns" were very Energy-oriented -

  • Hardman Resources (HDR), +$0.22 (11.76%) to $2.09 on volume of 34.05m shares;
  • Mosaic Oil (MOS), +$0.02 (8.33%) to $0.20 on volume of 9.03m shares;
  • Lynas Corporation (LYC), +$0.02 (6.9%) to $0.31 on volume of 646,000 shares;
  • Arc Energy (ARQ), +$0.08 (4.6%) to $1.82 on volume of 632,000 shares; and
  • Symex Holdings (SYM), +$0.07 (4.52%) to $1.62 on volume of 393,000 shares.

The losingest-little-guys for the session were (in order of decline):

  • Tower (TWR), -$0.14 (6.93%) to $1.88 on volume of 1.01m shares;
  • Agenix (AGX), -$0.03 (6.25%) to $0.45 on volume of 157,000 shares; and
  • Metabolic Pharmaceuticals (MBP), -$0.06 (5.83%) to $0.97 on volume of 550,000 shares;
  • Sunland Group (SDG), -$0.15 (5.66%) to $2.50 on volume of 2.39m shares; and
  • STW Communications Group (SGN), -$0.15 (4.84%) to $2.95 on volume of 146,000 shares.
CodeNameClose+/-%Volume
XAOAll Ordinaries4136.3-6.7-0.16%587.81m
XTLS&P/ASX 202215.61.40.06%103.21m
XFLS&P/ASX 504070.4-4-0.1%0
XTOS&P/ASX 1003365.5-5.2-0.15%0
XJOS&P/ASX 2004144.8-5.4-0.13%0
XKOS&P/ASX 3004151.4-5.5-0.13%0
XMDS&P/ASX Mid-Cap 504099.8-19.5-0.47%0
XSOS&P/ASX Small Ordinaries2403.62.10.09%182.77m

All Ordinaries Market Internals

XAOXSOASX20
Advances160649
Declines2039011
Advancing Volume225.98m85.02m55.98m
Declining Volume263.4m79.15m47.24

S&P/ASX200 GICS Sector Indices

The top sector for the day was Energy which gained 3.46% to 7616.10 points as Crude Oil continues to hold above $45. The sector was helped by

  • Hardman Resources (HDR), +$0.22 (11.76%) to $2.09 on volume of 34.05m shares;
  • Arc Energy (ARQ), +$0.08 (4.6%) to $1.82 on volume of 632,000 shares;
  • Santos (STO), +$0.38 (4.1%) to $9.65 on volume of 2.39m shares;
  • Woodside Petroleum (WPL), +$0.77 (3.68%) to $21.72 on volume of 4.02m shares; and
  • Worleyparsons (WOR), +$0.19 (3.36%) to $5.84 on volume of 78,000 shares.

Second in the sector leadership stakes was Telecommunications which gained 0.87% to 1885.00 points. As usual, the entire sector's movement was due to the overwhelming influence of Telstra. The sector - in its entirely - comprises 2 (count'em) stocks...

  • Telstra Corporation. (TLS), +$0.06 (1.14%) to $5.32 on volume of 15.49m shares;
  • Telecom Corporation Of New Zealand (TEL), -$0.04 (0.69%) to $5.79 on volume of 1.6m shares.

The bronze today went to Information Technology which gained 0.76% to 423.20 points. The sector was led by

  • ERG (ERG), +$0.01 (1.64%) to $0.31 on volume of 315,000 shares;
  • Computershare. (CPU), +$0.07 (1.09%) to $6.49 on volume of 1.52m shares;
  • MYOB (MYO), +$0.01 (0.88%) to $1.15 on volume of 358,000 shares;
  • Baycorp Advantage (BCA), +$0.02 (0.61%) to $3.28 on volume of 1.11m shares; and
  • Infomedia Ltd (IFM), -$0.00 (0%) to $0.66 on volume of 1.2m shares.

The worst-performed sector today was Property Trusts which lost 1.71% to 1793.70 points. The sector was dragged lower by

  • DB Rreef Trust (DRT), -$0.04 (3.08%) to $1.26 on volume of 14.89m shares;
  • Valad Property Group (VPG), -$0.04 (3.03%) to $1.28 on volume of 734,000 shares; and
  • Galileo Shopping America Trust (GSA), -$0.03 (2.7%) to $1.08 on volume of 2.13m shares;
  • Macquarie Prologis Trust (MPR), -$0.03 (2.68%) to $1.09 on volume of 16.61m shares; and
  • Multiplex Group (MXG), -$0.15 (2.56%) to $5.72 on volume of 5.13m shares.

Just in front of last place on the sector table was Consumer Discretionary which lost 0.94% to 2291.50 points. The sector was pulled down by

  • STW Communications Group (SGN), -$0.15 (4.84%) to $2.95 on volume of 146,000 shares;
  • Miller's Retail (MRL), -$0.02 (1.89%) to $1.04 on volume of 396,000 shares; and
  • Billabong International (BBG), -$0.21 (1.73%) to $11.95 on volume of 637,000 shares;
  • Macquarie Communications Infrastructure Group (MCG), -$0.10 (1.64%) to $6.00 on volume of 2.12m shares; and
  • Repco Corporation (RCL), -$0.05 (1.52%) to $3.25 on volume of 594,000 shares.
CodeGICS SectorClose+/-%Volume
XEJEnergy7616.1254.73.46%54.35m
XTJTelecommunications188516.20.87%17.09m
XIJInformation Technology423.23.20.76%4.92m
XMJMaterials7053.437.90.54%90.34m
XUJUtilities4675.213.20.28%5.87m
XHJHealthcare4753.6-4.6-0.1%8.14m
XXJASX200 Financials ex Property Trusts5021.9-12.2-0.24%64.09m
XNJIndustrials5016.6-18.7-0.37%39.82m
XSJConsumer Staples5389.3-21-0.39%44.13m
XFJFinancials4951-28-0.56%160.28m
XDJConsumer Discretionary2291.5-21.8-0.94%28.83m
XPJProperty Trusts1793.7-31.2-1.71%104.31m

All Ordinaries Volume Leaders

CodeNameClose+/-%Volume
HDRHardman Resources2.090.2211.76%34.05m
FCNFalcon Minerals0.88-0.06-6.38%19.28m
LHGLihir Gold1.0900%17.21m
MPRMacquarie Prologis Trust1.09-0.03-2.68%16.61m
TLSTelstra Corporation.5.320.061.14%15.49m
DRTDB Rreef Trust1.26-0.04-3.08%14.89m

All Ordinaries Top Gainers

CodeNameClose+/-%Volume
HDRHardman Resources2.090.2211.76%34.05m
ASLAusdrill0.620.058.77%730245
MOSMosaic Oil0.20.028.33%9.03m
AGIAinsworth Game Technology1.180.098.26%824131
BOCBougainville Copper0.580.047.41%312270

All Ordinaries Top Losers

CodeNameClose+/-%Volume
UNWUnwired Group0.55-0.05-8.33%899041
MSTMetal Storm0.19-0.02-7.32%2.83m
CBHCBH Resources0.26-0.02-7.27%2.66m
TWRTower1.88-0.14-6.93%1.01m
AGXAgenix0.45-0.03-6.25%157078

Elsewhere in the Region...

Japan's Nikkei 225 rose 27.68 points (0.24%) to close at 11659.88 points.

The Kiwi Market declined 17.76 points (-0.56%). A total of 17 stocks within the NZSE50 rose, with volume in advancers totalling 5.9million units. Decliners numbered 27, and total volume traded in losers was 11.6million shares. Individual stocks that contributed to the softness included...

  • Tower Limited Ord (TWR), -$0.05 (2.34%) to $2.09 on volume of 666,000 shares;
  • Fisher & Paykel H (FPH), -$0.07 (2.15%) to $3.19 on volume of 412,000 shares;
  • Contact Energy(CEN), -$0.14 (1.97%) to $6.96 on volume of 365,000 shares;
  • Property Forest Industries (PFI), -$0.02 (1.87%) to $1.05 on volume of 36,000 shares; and
  • TrustPower (TPW), -$0.10 (1.69%) to $5.80 on volume of 30,000 shares.

Hong Kong's Hang Seng index declined 16.14 points (-0.12%). Within the Hang Seng, 7 index components rose, while 16 stocks fell. Volume in the gainers in Hong Kong's big-cap index totalled 63million units, and total volume traded in losers was 84.2million shares. Individual stocks that contributed to the decline included...

  • Cosco Pacific (1199), -$0.75 (4.32%) to $16.60 on volume of 4.7m shares;
  • China Merchant Holdings (0144), -$0.50 (3.14%) to $15.40 on volume of 4.92m shares;
  • China Unicom (0762), -$0.15 (2.24%) to $6.55 on volume of 11.7m shares;
  • Lenovo Group (0992), -$0.05 (2.17%) to $2.25 on volume of 14.98m shares;
  • Denway Motors (0203), -$0.05 (1.71%) to $2.88 on volume of 13.26m shares; and
  • Bank Of East Asia (0023), -$0.35 (1.47%) to $23.45 on volume of 2.47m shares.
CountryNameClose+/-%Volume
New ZealandNZSE503167.174-17.76-0.56%18.18m
JapanNikkei 22511659.8827.680.24%59976
KoreaKOSPI968.163.370.35%499428
SingaporeStraits Times2163.65-1.28-0.06%0
Hong KongHang Seng14001.09-16.14-0.12%171.9m
MalaysiaKLSE Comp919.22-1.09-0.12%0