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 - rose by 7.80 points (0.19%), finishing at 4164.30 points. The index hit an intraday high of 4164.40 and its low was 4140.1. The low was set in the first twenty minutes, and it's pretty obvious that hedgies are expecting a stronger US market over the next couple of sessions (otherwise what explains the sudden interest at 2:30 p.m. precisely).
The Index that forms the cash basis for the SFE's Share Price Index Futures - the S&P/ASX 200 - rose by 12.10 points (0.29%), finishing at 4184.90 points.
The "heavy hitters" of the Australian market - the ASX 20 Leaders - rose by 3.90 points (0.17%), finishing at 2262.70 points. Within the index members, there were 9 that rose, and 9 losers. Total volume in rising issues within the ASX20 amounted to 51.51m while volume in the losers totalled 33.3m units.
The major winners in the "big guns" were -
- Woodside Petroleum (WPL), +$0.78 (3.58%) to $22.56 on volume of 2.22m shares;
- Woolworths (WOW), +$0.40 (2.57%) to $15.96 on volume of 6.02m shares;
- Telstra Corporation. (TLS), +$0.08 (1.52%) to $5.34 on volume of 11.26m shares;
- National Australia Bank (NAB), +$0.41 (1.42%) to $29.21 on volume of 5.1m shares; and
- Coles Myer Ltd. (CML), +$0.07 (0.73%) to $9.62 on volume of 5.36m shares.
The following stocks made up the biggest percentage losers in the big-guns:
- Foster's Group (FGL), -$0.14 (2.69%) to $5.07 on volume of 4.49m shares;
- QBE Insurance Group (QBE), -$0.32 (2.09%) to $14.99 on volume of 3.75m shares;
- News Corporation (NWSLV), -$0.42 (1.98%) to $20.79 on volume of 4.57m shares;
- News Corporation (NWS), -$0.41 (1.87%) to $21.50 on volume of 4.34m shares; and
- AMP Limited (AMP), -$0.07 (0.96%) to $7.25 on volume of 6.8m 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 10.50 points (0.44%), finishing at 2374.40 points. The major winners in the "pop-guns" were -
- ERG (ERG), +$0.07 (21.67%) to $0.37 on volume of 42.04m shares - sure, it surprised with its earnings, but that sort of price action shows that big money is now chasing momentum - which is not long-run good news (remember how BT ended up owning a shitload of One.Tel???);
- Jubilee Mines (JBM), +$0.40 (7.71%) to $5.59 on volume of 1.08m shares;
- Invocare (IVC), +$0.23 (6.61%) to $3.71 on volume of 230,000 shares;
- Bendigo Mining (BDG), +$0.06 (5.77%) to $1.10 on volume of 1.16m shares; and
- Worleyparsons (WOR), +$0.35 (5.65%) to $6.55 on volume of 629,000 shares.
The losingest-little-guys for the session were (in order of decline):
- Sydney Gas Ltd (SGL), -$0.07 (9.33%) to $0.68 on volume of 1.14m shares;
- Sirtex Medical (SRX), -$0.15 (7.5%) to $1.85 on volume of 49,000 shares; and
- Excel Coal (EXL), -$0.45 (6.43%) to $6.55 on volume of 561,000 shares;
- Ventracor (VCR), -$0.07 (6.14%) to $1.07 on volume of 1.71m shares; and
- Macmahon Holdings (MAH), -$0.03 (6.12%) to $0.46 on volume of 1.45m shares.
| Code | Name | Close | +/- | % | Volume |
| XAO | All Ordinaries | 4164.3 | 7.8 | 0.19% | 693.31m |
| XTL | S&P/ASX 20 | 2262.7 | 3.9 | 0.17% | 89.01m |
| XFL | S&P/ASX 50 | 4135.2 | 9.5 | 0.23% | 0 |
| XTO | S&P/ASX 100 | 3403.3 | 9 | 0.27% | 0 |
| XJO | S&P/ASX 200 | 4184.9 | 12.1 | 0.29% | 443.74m |
| XKO | S&P/ASX 300 | 4189.4 | 11.8 | 0.28% | 0 |
| XMD | S&P/ASX Mid-Cap 50 | 4031.3 | 19.1 | 0.48% | 0 |
| XSO | S&P/ASX Small Ordinaries | 2374.4 | 10.5 | 0.44% | 276.68m |
All Ordinaries Market Internals
| XAO | XJO | XSO | ASX20 | Market | |
| Advances | 182 | 105 | 76 | 9 | 759 |
| Declines | 192 | 69 | 82 | 9 | 804 |
| Advancing Volume | 367.16m | 264.87m | 151.48m | 51.51 | 615.91 |
| Declining Volume | 213.81m | 132.08m | 86.08m | 33.3 | 430.44 |
S&P/ASX200 GICS Sector Indices
The top sector for the day was Healthcare which gained 1.89% to 4830.30 points. The sector was helped by
- Invocare (IVC), +$0.23 (6.61%) to $3.71 on volume of 230,000 shares;
- Mayne Group (MAY), +$0.16 (3.98%) to $4.18 on volume of 3.13m shares;
- CSL (CSL), +$1.06 (3.31%) to $33.11 on volume of 2.6m shares;
- Ansell (ANN), +$0.29 (2.87%) to $10.40 on volume of 507,000 shares; and
- Ramsay Health Care (RHC), +$0.20 (2.86%) to $7.19 on volume of 241,000 shares.
Second in the sector leadership stakes was the two-pot screamer - Telecommunications - which gained 1.36% to 1896.30 points. The two sector components performed as follows: -
- Telstra Corporation. (TLS), +$0.08 (1.52%) to $5.34 on volume of 11.26m shares;
- Telecom Corporation Of New Zealand (TEL), +$0.03 (0.51%) to $5.90 on volume of 1.09m shares.
The bronze today went to Energy which gained 1.32% to 7764.00 points. The sector was led by
- Worleyparsons (WOR), +$0.35 (5.65%) to $6.55 on volume of 629,000 shares;
- Caltex Australia (CTX), +$0.63 (4.5%) to $14.63 on volume of 1.01m shares;
- Tap Oil (TAP), +$0.07 (3.76%) to $1.93 on volume of 2.59m shares;
- Woodside Petroleum (WPL), +$0.78 (3.58%) to $22.56 on volume of 2.22m shares; and
- Oil Search (OSH), +$0.07 (3.18%) to $2.27 on volume of 3.88m shares.
The worst-performed sector today - in fact the only Gyeachhh sector that declined - was Consumer Discretionary which lost 0.95% to 2245.50 points. The sector was dragged lower by
- Village Roadshow (VRLPA), -$0.05 (2.5%) to $1.95 on volume of 45,000 shares;
- Tabcorp Holdings (TAH), -$0.42 (2.42%) to $16.90 on volume of 2.94m shares; and
- News Corporation (NWSLV), -$0.42 (1.98%) to $20.79 on volume of 4.57m shares;
- News Corporation (NWS), -$0.41 (1.87%) to $21.50 on volume of 4.34m shares; and
- Just Group (JST), -$0.04 (1.48%) to $2.66 on volume of 1.34m shares.
| Code | GICS Sector | Close | +/- | % | Volume |
| XHJ | Healthcare | 4830.3 | 89.6 | 1.89% | 12.82m |
| XTJ | Telecommunications | 1896.3 | 25.5 | 1.36% | 12.35m |
| XEJ | Energy | 7764 | 100.9 | 1.32% | 29.3m |
| XSJ | Consumer Staples | 5534.6 | 38.6 | 0.7% | 36.17m |
| XUJ | Utilities | 4714.4 | 25 | 0.53% | 5.65m |
| XMJ | Materials | 7501.2 | 38.6 | 0.52% | 96.37m |
| XNJ | Industrials | 5032.7 | 12.3 | 0.25% | 52.97m |
| XXJ | ASX200 Financials ex Property Trusts | 4973 | 4.8 | 0.1% | 56.34m |
| XFJ | Financials | 4905.9 | 4.4 | 0.09% | 166.71m |
| XPJ | Property Trusts | 1781.7 | 1.1 | 0.06% | 113.54m |
| XIJ | Information Technology | 382.2 | 0 | 0% | 45.26m |
| XDJ | Consumer Discretionary | 2245.5 | -21.6 | -0.95% | 45.24m |
All Ordinaries Volume Leaders
| Code | Name | Close | +/- | % | Volume |
| ERG | ERG | 0.37 | 0.07 | 21.67% | 42.04m |
| VGL | Volante Group | 1.52 | -0.08 | -5% | 34.85m |
| DRT | DB Rreef Trust | 1.28 | 0.01 | 0.79% | 26.26m |
| AUO | Austral Coal | 1.26 | 0.06 | 5% | 22.72m |
| BGF | Ballarat Goldfields | 0.21 | 0.01 | 5% | 14.9m |
| MXG | Multiplex Group | 4.73 | 0.12 | 2.6% | 14.39m |
All Ordinaries Top Gainers
| Code | Name | Close | +/- | % | Volume |
| ERG | ERG | 0.37 | 0.07 | 21.67% | 42.04m |
| GDM | Goldstream Mining | 0.47 | 0.06 | 14.63% | 930010 |
| LOK | Looksmart | 1.34 | 0.13 | 10.74% | 51407 |
| JBM | Jubilee Mines | 5.59 | 0.4 | 7.71% | 1.08m |
| IVC | Invocare | 3.71 | 0.23 | 6.61% | 230102 |
All Ordinaries Top Losers
| Code | Name | Close | +/- | % | Volume |
| SSS | Sam's Seafood Holdings | 1.34 | -0.16 | -10.67% | 94140 |
| SGL | Sydney Gas Ltd | 0.68 | -0.07 | -9.33% | 1.14m |
| AJL | AJ Lucas Group | 1.63 | -0.16 | -8.94% | 282077 |
| TMO | Tomato Technologies | 0.74 | -0.06 | -7.5% | 617296 |
| SRX | Sirtex Medical | 1.85 | -0.15 | -7.5% | 49422 |
Elsewhere in the Region...
Japan's Nikkei 225 rose 7.98 points (0.07%) to close at 11748.58 points.
The Kiwi Market declined 12.40 points (-0.39%). A total of 15 stocks within the NZSE50 rose, with volume in advancers totalling 8.8million units. Decliners numbered 26, and total volume traded in losers was 12.7million shares. Individual stocks that contributed to the softness included...
- Tower Limited (TWR), -$0.06 (3.06%) to $1.90 on volume of 1.72m shares;
- Sky Network Television (SKY), -$0.18 (2.59%) to $6.77 on volume of 128,000 shares;
- Guinness Peat Group (GPG), -$0.05 (2.17%) to $2.25 on volume of 297,000 shares;
- Rubicon Limited (RBC), -$0.02 (1.87%) to $1.05 on volume of 13,000 shares; and
- Air New Zealand (AIR), -$0.03 (1.81%) to $1.63 on volume of 70,000 shares.
Hong Kong's Hang Seng index declined 169.94 points (-1.20%). Within the Hang Seng, 5 index components rose, while 22 stocks fell. Volume in the gainers in Hong Kong's big-cap index totalled 9.8million units, and total volume traded in losers was 132.4million shares. Individual stocks that contributed to the decline included...
- Denway Motors (0203), -$0.10 (3.31%) to $2.93 on volume of 14.25m shares;
- HSBC Holdings (0005), -$3.00 (2.25%) to $130.50 on volume of 25.92m shares;
- Hang Lung Properties (0101), -$0.15 (1.24%) to $11.95 on volume of 3.01m shares;
- Li & Fung (0494), -$0.15 (1.12%) to $13.20 on volume of 4.88m shares;
- Cheung Kong (0001), -$0.75 (1.01%) to $73.50 on volume of 3.68m shares; and
- BOC Hong Kong (2388), -$0.15 (1.01%) to $14.70 on volume of 6.87m shares.
| Country | Name | Close | +/- | % | Volume |
| New Zealand | NZSE50 | 3196.024 | -12.4 | -0.39% | 23.95m |
| Japan | Nikkei 225 | 11748.58 | 7.98 | 0.07% | 79419 |
| Korea | KOSPI | 1011.36 | 14.41 | 1.45% | 534145 |
| Singapore | Straits Times | 2132.04 | 12.64 | 0.6% | 0 |
| Hong Kong | Hang Seng | 14025.41 | -169.94 | -1.2% | 167.78m |
| Malaysia | KLSE Comp | 898.83 | -8.55 | -0.94% | 0 |
