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Major Market Indices
The broad market - the ASX All Ordinaries - fell by 23.80 points (-0.56%), finishing at 4199.20 points. The index hit an intraday high of 4223.00 (set at the open) and its low was 4195.8, which was touched about half an hour before the close.
Within the index, there was not an overwhelming "tilt" towards declining stocks - neither in raw count (207 decliners to 150 gainers) nor volume (307 million units in losers versus 258 million units in gainers). To be perfectly frank, the index got most of its intraday fall over with in the first half hour, when the All Ords dipped to below 4200. After a predictable bounce off that level, the market spent the rest of the session deciding which way to go, finally deciding "nowhere".
The Index that forms the cash basis for the SFE's Share Price Index Futures - the S&P/ASX 200 - fell by 26.30 points (-0.62%), finishing at 4215.50 points.
The "heavy hitters" of the Australian market - the ASX 20 Leaders - fell by 15.10 points (-0.66%), finishing at 2278.50 points. Within the index members, there were only 4 stocks that rose, and 15 losers. Total volume in rising issues within the ASX20 amounted to 32.52 while volume in the losers totalled 59.54m units.
The 4 winners in the "big guns" were -
- Telstra Corporation. (TLS), up a penny (0.19%) to $5.34 on volume of 23.73m shares;
- AMP Limited (AMP), also gained a cent (0.13%) to $7.45 on volume of 4.17m shares;
- St George Bank (SGB), +$0.02 (0.08%) to $24.75 on volume of 962,000 shares; and
- National Australia Bank (NAB), +$0.02 (0.07%) to $29.20 on volume of 3.65m shares.
The following stocks made up the biggest percentage losers in the big-guns:
- Wesfarmers (WES), -$0.82 (1.99%) to $40.35 on volume of 342,000 shares;
- Westfield Group (WDC), -$0.29 (1.73%) to $16.44 on volume of 5.64m shares;
- News Corporation (NWSLV), -$0.34 (1.56%) to $21.46 on volume of 3.04m shares;
- Amcor (AMC), -$0.10 (1.32%) to $7.45 on volume of 2.39m shares; and
- News Corporation (NWS), -$0.27 (1.21%) to $22.10 on volume of 3.07m shares.
At the smaller end of the market's capitalisation scale, the ASX Small Ordinaries Index - the only place where you'll consistently find it easy to beat the market (using good research skills to do so) - fell by 5.20 points (-0.22%), finishing at 2404.50 points. The major winners in the "pop-guns" were -
- Excel Coal (EXL), +$0.52 (7.43%) to $7.52 on volume of 1.09m shares;
- ERG (ERG), +$0.03 (6.41%) to $0.42 on volume of 16.37m shares;
- Oceana Gold (OGD), +$0.03 (4.48%) to $0.70 on volume of 1.59m shares;
- Orbital Corporation (OEC), +$0.004 (4.17%) to $0.10 on volume of 261,000 shares; and
- Austral Coal (AUO), +$0.05 (3.79%) to $1.37 on volume of 2.59m shares.
The losingest-little-guys for the session were (in order of decline):
- Agenix (AGX), -$0.03 (6.9%) to $0.41 on volume of 215,000 shares;
- Circadian Technologies (CIR), -$0.09 (4.69%) to $1.83 on volume of 5,000 shares; and
- Pacifica Group (PBB), -$0.13 (4.38%) to $2.84 on volume of 753,000 shares;
- Brazin (BRZ), -$0.10 (4.26%) to $2.25 on volume of 291,000 shares; and
- Virotec International (VTI), -$0.03 (4.11%) to $0.70 on volume of 324,000 shares.
| Index Changes | |||||
| Code | Name | Close | +/- | % | Volume |
| XAO | All Ordinaries | 4199.2 | -23.8 | -0.56% | 652.58m |
| XTL | S&P/ASX 20 | 2278.5 | -15.1 | -0.66% | 97.48m |
| XFL | S&P/ASX 50 | 4166.2 | -28.5 | -0.68% | 0 |
| XTO | S&P/ASX 100 | 3426.8 | -22.5 | -0.65% | 0 |
| XJO | S&P/ASX 200 | 4215.5 | -26.3 | -0.62% | 462.64m |
| XKO | S&P/ASX 300 | 4220.5 | -25.9 | -0.61% | 0 |
| XMD | S&P/ASX Mid-Cap 50 | 4045 | -19.2 | -0.47% | 0 |
| XSO | S&P/ASX Small Ordinaries | 2404.5 | -5.2 | -0.22% | 173.23m |
All Ordinaries Market Internals
| Market Breadth | |||||
| XAO | XJO | +/- | % | Volume | |
| Advances | 150 | 59 | 65 | 4 | 665 |
| Declines | 207 | 112 | 87 | 15 | 849 |
| Advancing Volume | 253.98m | 164.7m | 70.02m | 32.52 | 601.42 |
| Declining Volume | 307.02m | 258.96m | 58.97m | 59.54 | 526.07 |
S&P/ASX200 GICS Sector Indices
Not a single Gyeacchs sector gained for the day. The least-losing sector was the two-member "club" - Telecommunications which lost -0.09% to 1899.30 points. The sector was pulled down by a decent fall in Telecom New Zealand (TEL), which has to do something pretty significant to make the sector move in a direction opposite to any move in Telstra.
- Telecom Corporation Of New Zealand (TEL), -$0.10 (1.65%) to $5.96 on volume of 2.55m shares; and
- Telstra Corporation. (TLS), +$0.01 (0.19%) to $5.34 on volume of 23.73m shares.
Second in the sector leadership stakes was Materials which lost -0.33% to 7558.20 points. The sector leaders were -
- Excel Coal (EXL), +$0.52 (7.43%) to $7.52 on volume of 1.09m shares;
- Oxiana (OXR), +$0.05 (5.1%) to $1.03 on volume of 29.77m shares;
- Aquarius Platinum (AQP), +$0.21 (3.37%) to $6.45 on volume of 62,000 shares;
- Centennial Coal Company (CEY), +$0.13 (2.65%) to $5.03 on volume of 1.76m shares; and
- Lion Selection Group (LSG), +$0.05 (2.4%) to $2.13 on volume of 165,000 shares.
The worst-performed sector today was the usually-staid Property Trusts which lost 1.49% to 1760.70 points. The sector was dragged lower by
- Mirvac Group (MGR), -$0.11 (2.38%) to $4.52 on volume of 5.33m shares;
- General Property Trust (GPT), -$0.07 (1.93%) to $3.55 on volume of 5.66m shares; and
- Macquarie Prologis Trust (MPR), -$0.02 (1.8%) to $1.09 on volume of 2.29m shares;
- Bunnings Warehouse Property Trust (BWP), -$0.03 (1.79%) to $1.65 on volume of 2.06m shares; and
- Macquarie DDR Trust (MDT), -$0.02 (1.77%) to $1.11 on volume of 7.75m shares.
Just in front of last place on the sector table was Consumer Discretionary which lost 1.12% to 2283.20 points. The sector was pulled down primarily by News Corpse, although News isn't in the top decliners o na percentage basis. That dubious honour goes to:
- Pacifica Group (PBB), -$0.13 (4.38%) to $2.84 on volume of 753,000 shares;
- Macquarie Communications Infrastructure Group (MCG), -$0.13 (2.2%) to $5.77 on volume of 1.04m shares; and
- Aristocrat Leisure (ALL), -$0.24 (2.2%) to $10.69 on volume of 1.25m shares;
- West Australian Newspapers (WAN), -$0.19 (2.16%) to $8.62 on volume of 199,000 shares; and
- STW Communications Group (SGN), -$0.06 (1.99%) to $2.96 on volume of 1.12m shares.
| Sector Indices | |||||
| Code | GICS Sector | Close | +/- | % | Volume |
| XTJ | Telecommunications | 1899.3 | -1.8 | -0.09% | 26.28m |
| XMJ | Materials | 7558.2 | -25.4 | -0.33% | 139.02m |
| XUJ | Utilities | 4695.1 | -20 | -0.42% | 2.94m |
| XXJ | ASX200 Financials ex Property Trusts | 4992.5 | -21.7 | -0.43% | 51.89m |
| XIJ | Information Technology | 382.9 | -2.1 | -0.55% | 21.01m |
| XHJ | Healthcare | 4836.6 | -26.6 | -0.55% | 10.34m |
| XSJ | Consumer Staples | 5625.7 | -35.5 | -0.63% | 28.16m |
| XFJ | Financials | 4908.3 | -32.9 | -0.67% | 144.81m |
| XEJ | Energy | 8121.1 | -55 | -0.67% | 20.22m |
| XNJ | Industrials | 5106.4 | -44.7 | -0.87% | 53.94m |
| XDJ | Consumer Discretionary | 2283.2 | -25.9 | -1.12% | 36.53m |
| XPJ | Property Trusts | 1760.7 | -26.7 | -1.49% | 98.56m |
All Ordinaries Major Movers
| All Ords Volume Leaders | |||||
| Code | Name | Close | +/- | % | Volume |
| OXR | Oxiana | 1.03 | 0.05 | 5.1% | 29.77m |
| TLS | Telstra Corporation. | 5.34 | 0.01 | 0.19% | 23.73m |
| VBA | Virgin Blue Holdings | 1.94 | -0.04 | -2.02% | 23.62m |
| WMR | WMC Resources | 8.02 | 0.03 | 0.38% | 23.1m |
| BAR | Barra Resources | 0.13 | -0.03 | -16.67% | 19.81m |
| BHP | BHP Billiton | 19.14 | -0.08 | -0.42% | 19.39m |
| All Ords Percentage Gainers | |||||
| Code | Name | Close | +/- | % | Volume |
| IHG | Intellect Holdings | 0.039 | 0.006 | 18.18% | 27.91m |
| SRI | Sipa Resources | 0.11 | 0.01 | 13.4% | 597263 |
| NHC | New Hope Corporation | 1.44 | 0.17 | 13.39% | 191823 |
| NVE | Novera Energy | 0.32 | 0.04 | 12.5% | 479921 |
| AJL | AJ Lucas Group | 1.82 | 0.16 | 9.64% | 197759 |
| All Ords Percentage Decliners | |||||
| Code | Name | Close | +/- | % | Volume |
| AGX | Agenix | 0.41 | -0.03 | -6.9% | 215367 |
| TAW | Tawana Resources | 1.22 | -0.06 | -4.69% | 50200 |
| PBB | Pacifica Group | 2.84 | -0.13 | -4.38% | 752694 |
| BRZ | Brazin | 2.25 | -0.1 | -4.26% | 291166 |
| VTI | Virotec International | 0.7 | -0.03 | -4.11% | 323644 |
Elsewhere in the Region...
The entire region coughed up a hairball today, with decent-sized falls across the board.
Japan's Nikkei 225 was down 101.78 points (-0.85%) at 11864.91 points as I started this sentence.
The Kiwi Market declined 43.31 points (-1.34%). A total of 6 stocks within the NZSE50 rose, with volume in advancers totalling 1.2million units. Decliners numbered 40, and total volume traded in losers was 20.6million shares. Individual stocks that were a but suck included...
- Fisher & Paykel A (FPA), -$0.14 (4.38%) to $3.06 on volume of 1.03m shares;
- Mainfreight Limited (MFT), -$0.08 (2.91%) to $2.67 on volume of 17,000 shares;
- Fisher & Paykel H (FPH), -$0.09 (2.89%) to $3.02 on volume of 414,000 shares;
- The Warehouse Group (WHS), -$0.12 (2.89%) to $4.03 on volume of 72,000 shares; and
- Telecom Corporation (TEL), -$0.16 (2.44%) to $6.40 on volume of 7.61m shares.
Hong Kong's Hang Seng index declined 142.12 points (-1.02%). Within the Hang Seng, 3 index components rose, while 29 stocks fell. Volume in the gainers in Hong Kong's big-cap index totalled 71.7million units, and total volume traded in losers was 196.2million shares. Individual stocks that contributed to the decline included...
- CNOOC (0883), -$0.18 (3.8%) to $4.43 on volume of 46.1m shares;
- Henderson Investments (0097), -$0.35 (3.07%) to $11.05 on volume of 1.18m shares;
- China Unicom (0762), -$0.20 (2.88%) to $6.75 on volume of 11.7m shares;
- Cosco Pacific (1199), -$0.50 (2.86%) to $17.00 on volume of 2.68m shares;
- Wheelock (0020), -$0.30 (2.49%) to $11.75 on volume of 789,000 shares; and
- Yue Yuen Industries (0551), -$0.55 (2.44%) to $21.95 on volume of 795,000 shares.
| Regional Indices | |||||
| Country | Name | Close | +/- | % | Volume |
| New Zealand | NZSE50 | 3195.22 | -43.31 | -1.34% | 48.92m |
| Japan | Nikkei 225 | 11864.91 | -101.78 | -0.85% | 98975 |
| Korea | KOSPI | 998.66 | -10.13 | -1% | 582471 |
| Singapore | Straits Times | 2173.26 | -11.03 | -0.5% | -na- |
| Hong Kong | Hang Seng | 13799.35 | -142.12 | -1.02% | 269.88m |
| Malaysia | KLSE Comp | 898.3 | -5.32 | -0.59% | -na- |
