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Major Market Indices
The broad market - the ASX All Ordinaries - fell by 6.60 points (-0.16%), finishing at 4192.60 points. The index hit an intraday high of 4199.20 (at the open) and its low was 4183.8 set just after 11 a.m.; thereafter the index tried to bounce but by lunchtime had given up and resigned itself to sideways action for the rest of the afternoon. Today was obviously a POETS Day (P!ss Off Early, Tomorrow's Saturday) for a lot of participants.
The Index that forms the cash basis for the SFE's Share Price Index Futures - the S&P/ASX 200 - fell by 11.70 points (-0.28%), finishing at 4203.80 points.
The "heavy hitters" of the Australian market - the ASX 20 Leaders - fell by 11.40 points (-0.50%), finishing at 2267.10 points. Within the index members, there were 7 that rose (including both chunks of News Corpse), and 13 losers (including all the major banks). Total volume in rising issues within the ASX20 amounted to 22.3m units while volume in the losers totalled 83.64m units.
The major winners in the "big guns" were -
- News Corporation (NWSLV), +$0.46 (2.14%) to $21.92 on volume of 3.21m shares;
- News Corporation (NWS), +$0.45 (2.04%) to $22.55 on volume of 4.36m shares;
- Wesfarmers (WES), +$0.55 (1.36%) to $40.90 on volume of 291,000 shares;
- Westfield Group (WDC), +$0.21 (1.28%) to $16.65 on volume of 3.67m shares; and
- Amcor (AMC), +$0.06 (0.81%) to $7.51 on volume of 3.11m shares.
The following stocks made up the biggest percentage losers in the big-guns:
- BHP Billiton (BHP), -$0.42 (2.19%) to $18.72 on volume of 17.37m shares;
- AMP Limited (AMP), -$0.11 (1.48%) to $7.34 on volume of 6.11m shares;
- Rio Tinto (RIO), -$0.54 (1.14%) to $46.76 on volume of 5.07m shares;
- Commonwealth Bank Of Australia. (CBA), -$0.39 (1.09%) to $35.50 on volume of 2.96m shares; and
- Australia And New Zealand Banking Group (ANZ), -$0.18 (0.83%) to $21.38 on volume of 3m 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 9.10 points (0.38%), finishing at 2413.60 points. The major winners in the "pop-guns" were -
- Multiemedia (MUL), +$0.002 (8.7%) to $0.025 on volume of 6.94m shares;
- Metabolic Pharmaceuticals (MBP), +$0.06 (8.33%) to $0.78 on volume of 2.73m shares;
- Excel Coal (EXL), +$0.60 (7.98%) to $8.12 on volume of 1.23m shares;
- Agenix (AGX), +$0.03 (7.41%) to $0.44 on volume of 185,000 shares; and
- GRD (GRD), +$0.14 (5.96%) to $2.49 on volume of 106,000 shares.
The losingest-little-guys for the session were (in order of decline):
- Highlands Pacific (HIG), -$0.04 (7.41%) to $0.50 on volume of 1.9m shares;
- GWA International (GWT), -$0.17 (5.61%) to $2.86 on volume of 431,000 shares; and
- Villa World (VWD), -$0.09 (5.29%) to $1.61 on volume of 80,000 shares;
- Psivida (PSD), -$0.05 (5.1%) to $0.93 on volume of 552,000 shares; and
- Australian Agricultural Company. (AAC), -$0.09 (4.95%) to $1.73 on volume of 922,000 shares.
| Index Changes | |||||
| Code | Name | Close | +/- | % | Volume |
| XAO | All Ordinaries | 4192.6 | -6.6 | -0.16% | 636.01m |
| XTL | S&P/ASX 20 | 2267.1 | -11.4 | -0.5% | 105.93m |
| XFL | S&P/ASX 50 | 4148.7 | -17.5 | -0.42% | 0 |
| XTO | S&P/ASX 100 | 3415.1 | -11.7 | -0.34% | 0 |
| XJO | S&P/ASX 200 | 4203.8 | -11.7 | -0.28% | 449.07m |
| XKO | S&P/ASX 300 | 4208.7 | -11.8 | -0.28% | 0 |
| XMD | S&P/ASX Mid-Cap 50 | 4050.5 | 5.5 | 0.14% | 0 |
| XSO | S&P/ASX Small Ordinaries | 2413.6 | 9.1 | 0.38% | 181.07m |
All Ordinaries Market Internals
| Market Breadth | |||||
| XAO | XJO | XSO | ASX20 | Market | |
| Advances | 189 | 98 | 89 | 7 | 705 |
| Declines | 174 | 70 | 69 | 13 | 832 |
| Advancing Volume | 252.05m | 161.45m | 96.96m | 22.3 | 689.66 |
| Declining Volume | 293.84m | 235.4m | 51.75m | 83.64 | 486.39 |
S&P/ASX200 GICS Sector Indices
The top sector for the day was Property Trusts which gained 0.97% to 1777.80 points. The sector was helped by
- General Property Trust (GPT), +$0.07 (1.97%) to $3.62 on volume of 3.77m shares;
- DB Rreef Trust (DRT), +$0.02 (1.57%) to $1.29 on volume of 11.86m shares;
- Thakral Holdings Group (THG), +$0.01 (1.35%) to $0.75 on volume of 116,000 shares;
- Westfield Group (WDC), +$0.21 (1.28%) to $16.65 on volume of 3.67m shares; and
- CFS Gandel Retail Trust (GAN), +$0.02 (1.27%) to $1.59 on volume of 9.05m shares.
Second in the sector leadership stakes was Consumer Discretionary which gained 0.83% to 2302.10 points. A 2% bounce in the always-frothy News Corpse (all it is is froth) was the overarching cause. The sector leaders in percentage terms were -
- G.U.D. Holdings (GUD), +$0.24 (3.47%) to $7.16 on volume of 434,000 shares;
- News Corporation (NWSLV), +$0.46 (2.14%) to $21.92 on volume of 3.21m shares;
- News Corporation (NWS), +$0.45 (2.04%) to $22.55 on volume of 4.36m shares;
- Miller's Retail (MRL), +$0.02 (1.96%) to $1.04 on volume of 793,000 shares; and
- Seven Network (SEV), +$0.14 (1.92%) to $7.44 on volume of 513,000 shares.
The bronze today went to Information Technology which gained 0.39% to 384.40 points. The sector was led by
- ERG (ERG), +$0.02 (3.61%) to $0.43 on volume of 37.77m shares;
- Vision Systems. (VSL), +$0.02 (1.56%) to $1.30 on volume of 401,000 shares;
- Baycorp Advantage (BCA), +$0.04 (1.4%) to $2.90 on volume of 871,000 shares;
- Computershare. (CPU), +$0.01 (0.17%) to $5.80 on volume of 2.25m shares; and
- MYOB (MYO), -$0.00 (0%) to $1.17 on volume of 434,000 shares.
The worst-performed sector today was Materials which lost 1.01% to 7482.20 points. The sector was dragged lower by
- Minara Resources (MRE), -$0.11 (4.91%) to $2.13 on volume of 1.68m shares;
- Onesteel (OST), -$0.11 (3.97%) to $2.66 on volume of 3.95m shares; and
- Kingsgate Consolidated. (KCN), -$0.08 (3.7%) to $2.08 on volume of 360,000 shares;
- Zinifex (ZFX), -$0.10 (3.04%) to $3.19 on volume of 3.45m shares; and
- BHP Billiton (BHP), -$0.42 (2.19%) to $18.72 on volume of 17.37m shares.
Just in front of last place on the sector table was the two-stock Telecommunications index, which lost 0.92% to 1881.90 points. Both stocks in the sector fell, but the minnow (TEL) fell by less than the whale (TLS)...
- Telecom Corporation Of New Zealand (TEL), -$0.11 (1.85%) to $5.85 on volume of 2.85m shares; and
- Telstra Corporation. (TLS), -$0.04 (0.75%) to $5.30 on volume of 33.31m shares.
| Sector Indices | |||||
| Code | GICS Sector | Close | +/- | % | Volume |
| XPJ | Property Trusts | 1777.8 | 17.1 | 0.97% | 78.01m |
| XDJ | Consumer Discretionary | 2302.1 | 18.9 | 0.83% | 36.93m |
| XIJ | Information Technology | 384.4 | 1.5 | 0.39% | 42.62m |
| XNJ | Industrials | 5122.1 | 15.7 | 0.31% | 65.1m |
| XUJ | Utilities | 4692.5 | -2.6 | -0.06% | 3.56m |
| XHJ | Healthcare | 4830.5 | -6.1 | -0.13% | 12.03m |
| XSJ | Consumer Staples | 5617 | -8.7 | -0.15% | 25.42m |
| XFJ | Financials | 4898.3 | -10 | -0.2% | 119.73m |
| XXJ | ASX200 Financials ex Property Trusts | 4966.1 | -26.4 | -0.53% | 45.3m |
| XEJ | Energy | 8048.8 | -72.3 | -0.89% | 14.77m |
| XTJ | Telecommunications | 1881.9 | -17.4 | -0.92% | 36.15m |
| XMJ | Materials | 7482.2 | -76 | -1.01% | 136.49m |
All Ordinaries Major Movers
| All Ords Volume Leaders | |||||
| Code | Name | Close | +/- | % | Volume |
| WMR | WMC Resources | 7.94 | -0.08 | -1% | 37.99m |
| ERG | ERG | 0.43 | 0.02 | 3.61% | 37.77m |
| TLS | Telstra Corporation. | 5.3 | -0.04 | -0.75% | 33.31m |
| BIL | Brambles Industries | 8.18 | -0.3 | -3.54% | 23.32m |
| BHP | BHP Billiton | 18.72 | -0.42 | -2.19% | 17.37m |
| BAS | Bass Strait Oil Company | 0.73 | 0.01 | 1.39% | 16.01m |
| All Ords Percentage Gainers | |||||
| Code | Name | Close | +/- | % | Volume |
| ABI | Ambri | 0.17 | 0.03 | 22.22% | 9.93m |
| MUL | Multiemedia | 0.025 | 0.002 | 8.7% | 6.94m |
| GGN | Gallery Gold | 0.39 | 0.03 | 8.45% | 11.34m |
| MBP | Metabolic Pharmaceuticals | 0.78 | 0.06 | 8.33% | 2.73m |
| EXL | Excel Coal | 8.12 | 0.6 | 7.98% | 1.23m |
| All Ords Percentage Decliners | |||||
| Code | Name | Close | +/- | % | Volume |
| IHG | Intellect Holdings | 0.036 | -0.003 | -7.69% | 6.63m |
| HIG | Highlands Pacific | 0.50 | -0.04 | -7.41% | 1.9m |
| CBH | CBH Resources | 0.33 | -0.02 | -5.71% | 2.88m |
| GWT | GWA International | 2.86 | -0.17 | -5.61% | 430838 |
| VWD | Villa World | 1.61 | -0.09 | -5.29% | 79503 |
Elsewhere in the Region...
Japan's Nikkei 225 rose 58.98 points (0.50%) to close at 11923.89 points.
The Kiwi Market coughed up another hairball, falling 45.46 points (-1.42%). A total of 8 stocks within the NZSE50 rose, with volume in advancers totalling 3.5million units. Decliners numbered 37, and total volume traded in losers was 19.5million shares. Individual stocks ledthe percentage losers included...
- Fletcher Building (FBU), -$0.25 (3.39%) to $7.12 on volume of 1.8m shares;
- Tenon Limited Ord (TEN), -$0.15 (3.33%) to $4.35 on volume of 36,000 shares;
- Fisher & Paykel H (FPH), -$0.10 (3.31%) to $2.92 on volume of 703,000 shares;
- Pumpkin Patch (PPL), -$0.11 (3.06%) to $3.49 on volume of 129,000 shares; and
- Independent Newspapers (INL), -$0.16 (2.56%) to $6.09 on volume of 187,000 shares.
Hong Kong's Hang Seng index declined 24.35 points (-0.18%). Within the Hang Seng, 12 index components rose, while 10 stocks fell. Volume in the gainers in Hong Kong's big-cap index totalled 28.2million units, and total volume traded in losers was 83.4million shares. Individual stocks that contributed to the decline included...
- Legend Group (0992), -$0.08 (2.97%) to $2.45 on volume of 48.42m shares;
- CNOOC (0883), -$0.08 (1.68%) to $4.40 on volume of 14.85m shares;
- China Unicom Ltd (0762), -$0.10 (1.47%) to $6.70 on volume of 7.31m shares;
- Cheung Kong Infrastrucutre (1038), -$0.30 (1.27%) to $23.40 on volume of 224,000 shares;
- Esprit Holdings (0330), -$0.50 (0.88%) to $56.25 on volume of 1.41m shares; and
- Wharf Holdings (0004), -$0.20 (0.77%) to $25.65 on volume of 1.51m shares.
| Regional Indices | |||||
| Country | Name | Close | +/- | % | Volume |
| New Zealand | NZSE50 | 3149.758 | -45.46 | -1.42% | 26.19m |
| Japan | Nikkei 225 | 11923.89 | 58.98 | 0.5% | 177759 |
| Korea | KOSPI | 1022.79 | 24.13 | 2.42% | 689363 |
| Singapore | Straits Times | 2170.22 | 0.02 | 0% | 0 |
| Hong Kong | Hang Seng | 13831.67 | -24.35 | -0.18% | 153.73m |
| Malaysia | KLSE Comp | 898.4 | -0.92 | -0.1% | 0 |
