Note - from June 24th 2009, this blog has migrated from Blogger to a self-hosted version. Click here to go straight there.
First of all, a short note to Internet Explorer users; you might have noticed that the font size has gone slightly "birko" - it's a result of my "enthusiastic amateur" diddling around with the style sheet in a bid to get Firefox and IE to render the same page the same way.
If you don't like great big huge fonts, you can use the View-Text Size menu item in IE to reduce the fonts (that was half of the reaason for chaning the CSS... so that none of the font sizes were hard-coded)
Major Market Indices
The broad market - the ASX All Ordinaries - rose by 19.50 points (0.46%), finishing at 4236.80 points. The index hit an intraday low of 4217.3 points - set at the open - and the session high was 4242.30 which was reached at 1:30 p.m. - whereupon everybody clocked off and the market drifted in a classic Friday Fade..
The Index that forms the cash basis for the SFE's Share Price Index Futures - the S&P/ASX 200 - rose by 16.70 points (0.39%), finishing at 4249.10 points.
The "heavy hitters" of the Australian market - the ASX 20 Leaders - rose by 9.30 points (0.41%), finishing at 2295.70 points. Within the index members, there were 14 that rose, and 6 losers. Total volume in rising issues within the ASX20 amounted to 119.12 while volume in the losers totalled 22.53m units.
The major winners in the "big guns" were Woodside and the two chunks of enw Corpse - the echo-chamber of choice for the Fascistic NeoTrotss(I refuse to call those vermin "conservative"), and purveyor of Stalinesque propaganda.
- News Corporation (NWSLV), +$0.61 (2.8%) to $22.38 on volume of 32.6m shares;
- Woodside Petroleum (WPL), +$0.67 (2.76%) to $24.94 on volume of 1.69m shares;
- News Corporation (NWS), +$0.42 (1.88%) to $22.76 on volume of 18.52m shares;
- QBE Insurance Group (QBE), +$0.28 (1.83%) to $15.61 on volume of 3.29m shares; and
- BHP Billiton (BHP), +$0.33 (1.78%) to $18.92 on volume of 18.64m shares.
The Banks were the biggest point contributors to the downside, with all of the majors experiencing a decline. Along with AMC, they also made up the biggest percentage losers in the big-guns:
- Amcor (AMC), -$0.11 (1.46%) to $7.40 on volume of 2.32m shares;
- Westpac Banking Corporation (WBC), -$0.22 (1.12%) to $19.49 on volume of 5.91m shares;
- Australia And New Zealand Banking Group (ANZ), -$0.24 (1.11%) to $21.41 on volume of 4.67m shares;
- Commonwealth Bank Of Australia. (CBA), -$0.27 (0.75%) to $35.90 on volume of 3.7m shares; and
- National Australia Bank (NAB), -$0.19 (0.65%) to $29.12 on volume of 3.41m 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 10.40 points (0.43%), finishing at 2432.80 points. The major winners in the "pop-guns" were -
- Kingsgate Consolidated. (KCN), +$0.24 (10.71%) to $2.48 on volume of 706,000 shares;
- Beach Petroleum (BPT), +$0.04 (5.8%) to $0.73 on volume of 2.63m shares;
- Hardman Resources (HDR), +$0.09 (4.59%) to $2.05 on volume of 3.01m shares;
- Genetic Technologies (GTG), +$0.02 (4.35%) to $0.48 on volume of 578,000 shares; and
- Multiemedia (MUL), +$0.00 (4.35%) to $0.02 on volume of 5.21m shares.
The losingest-little-guys for the session were (in order of decline):
- Orbital Corporation (OEC), -$0.01 (9.57%) to $0.09 on volume of 3.99m shares;
- Emperor Mines (EMP), -$0.04 (8%) to $0.46 on volume of 108,000 shares; and
- Agenix (AGX), -$0.04 (7.45%) to $0.44 on volume of 439,000 shares;
- Globe International (GLB), -$0.02 (5.13%) to $0.37 on volume of 174,000 shares; and
- Amalgamated Holdings (AHD), -$0.20 (4.76%) to $4.00 on volume of 376,000 shares.
| Index Changes | |||||
| Code | Name | Close | +/- | % | Volume |
| XAO | All Ordinaries | 4236.8 | 19.5 | 0.46% | 623.61m |
| XTL | S&P/ASX 20 | 2295.7 | 9.3 | 0.41% | 141.65m |
| XFL | S&P/ASX 50 | 4195.1 | 17.1 | 0.41% | 0 |
| XTO | S&P/ASX 100 | 3452.2 | 13.1 | 0.38% | 0 |
| XJO | S&P/ASX 200 | 4249.1 | 16.7 | 0.39% | 482m |
| XKO | S&P/ASX 300 | 4253.3 | 16.3 | 0.38% | 0 |
| XMD | S&P/ASX Mid-Cap 50 | 4085.8 | 7.7 | 0.19% | 0 |
| XSO | S&P/ASX Small Ordinaries | 2432.8 | 10.4 | 0.43% | 153.95m |
All Ordinaries Market Internals
| Market Breadth | |||||
| XAO | XJO | XSO | ASX20 | Market | |
| Advances | 195 | 112 | 93 | 14 | 843 |
| Declines | 166 | 66 | 66 | 6 | 658 |
| Advancing Volume | 343.05m | 313.62m | 73.88m | 119.12 | 820.64 |
| Declining Volume | 192.83m | 148.11m | 46.4m | 22.53 | 341.89 |
S&P/ASX200 GICS Sector Indices
The top
sector for the day was Consumer
Discretionary which gained 1.88%
to 2332.40 points. The sector was helped by the Corpse (in point terms)
but in percentage gain terms the leaders were as follows:
- Publishing & Broadcasting (PBL), +$0.62 (4.03%) to $16.00 on volume of 1.62m shares;
- Aristocrat Leisure (ALL), +$0.33 (3.2%) to $10.63 on volume of 1.41m shares;
- News Corporation (NWSLV), +$0.61 (2.8%) to $22.38 on volume of 32.6m shares;
- Southern Cross Broadcasting (Australia) (SBC), +$0.27 (1.99%) to $13.87 on volume of 103,000 shares; and
- News Corporation (NWS), +$0.42 (1.88%) to $22.76 on volume of 18.52m shares.
Second in the sector leadership stakes was Energy which gained 1.47% to 8455.70 points. The sector leaders were -
- Hardman Resources (HDR), +$0.09 (4.59%) to $2.05 on volume of 3.01m shares;
- Oil Search (OSH), +$0.09 (3.77%) to $2.48 on volume of 4.6m shares;
- Woodside Petroleum (WPL), +$0.67 (2.76%) to $24.94 on volume of 1.69m shares;
- Roc Oil Company (ROC), +$0.04 (2.13%) to $1.92 on volume of 920,000 shares; and
- Worleyparsons (WOR), +$0.07 (0.99%) to $7.12 on volume of 516,000 shares.
The bronze today went to Information Technology which gained 1.42% to 391.90 points. The sector was led by
- Baycorp Advantage (BCA), +$0.09 (2.95%) to $3.14 on volume of 321,000 shares;
- MYOB (MYO), +$0.03 (2.83%) to $1.09 on volume of 1.37m shares;
- Infomedia Ltd (IFM), +$0.01 (1.61%) to $0.63 on volume of 602,000 shares;
- IRESS Market Technology (IRE), +$0.05 (1.19%) to $4.24 on volume of 116,000 shares; and
- Computershare. (CPU), +$0.06 (1.03%) to $5.90 on volume of 1.34m shares.
The worst-performed sector today was ASX200 Financials ex Property Trusts which lost 0.37% to 5012.20 points. The sector was dragged lower by
- Lend Lease Corporation (LLC), -$0.17 (1.27%) to $13.26 on volume of 804,000 shares;
- Adelaide Bank (ADB), -$0.14 (1.24%) to $11.18 on volume of 81,000 shares; and
- Westpac Banking Corporation (WBC), -$0.22 (1.12%) to $19.49 on volume of 5.91m shares;
- Australia And New Zealand Banking Group (ANZ), -$0.24 (1.11%) to $21.41 on volume of 4.67m shares; and
- Promina Group (PMN), -$0.04 (0.79%) to $5.01 on volume of 4.54m shares.
Just in front of last place on the sector table was Financials which lost 0.14% to 4944.10 points - thanks to the Banks. The sector was pulled down by
- Multiplex Group (MXG), -$0.12 (2.67%) to $4.38 on volume of 4.68m shares;
- Lend Lease Corporation (LLC), -$0.17 (1.27%) to $13.26 on volume of 804,000 shares; and
- Adelaide Bank (ADB), -$0.14 (1.24%) to $11.18 on volume of 81,000 shares;
- Westpac Banking Corporation (WBC), -$0.22 (1.12%) to $19.49 on volume of 5.91m shares; and
- Australia And New Zealand Banking Group (ANZ), -$0.24 (1.11%) to $21.41 on volume of 4.67m shares.
| Sector Indices | |||||
| Code | GICS Sector | Close | +/- | % | Volume |
| XDJ | Consumer Discretionary | 2332.4 | 43.1 | 1.88% | 83m |
| XEJ | Energy | 8455.7 | 122.4 | 1.47% | 19.63m |
| XIJ | Information Technology | 391.9 | 5.5 | 1.42% | 18.14m |
| XUJ | Utilities | 4818.2 | 37.1 | 0.78% | 4.44m |
| XMJ | Materials | 7510.5 | 54.9 | 0.74% | 93.73m |
| XPJ | Property Trusts | 1794.8 | 12.7 | 0.71% | 129.95m |
| XNJ | Industrials | 5154.7 | 23.1 | 0.45% | 51.18m |
| XHJ | Healthcare | 4919.7 | 20.1 | 0.41% | 9.28m |
| XTJ | Telecommunications | 1913 | 2.6 | 0.14% | 12.75m |
| XSJ | Consumer Staples | 5677.7 | 1.3 | 0.02% | 43.46m |
| XFJ | Financials | 4944.1 | -6.7 | -0.14% | 172.19m |
| XXJ | ASX200 Financials ex Property Trusts | 5012.2 | -18.6 | -0.37% | 47.59m |
All Ordinaries Major Movers
| All Ords Volume Leaders | |||||
| Code | Name | Close | +/- | % | Volume |
| NWSLV | News Corporation | 22.38 | 0.61 | 2.8% | 32.6m |
| DRT | DB Rreef Trust | 1.31 | 0.01 | 0.77% | 23.63m |
| MOF | Macquarie Office Trust | 1.28 | 0.02 | 1.59% | 21.75m |
| ADY | Admiralty Resources. | 0.21 | -0.01 | -2.33% | 18.72m |
| BHP | BHP Billiton | 18.92 | 0.33 | 1.78% | 18.64m |
| NWS | News Corporation | 22.76 | 0.42 | 1.88% | 18.52m |
| All Ords Percentage Gainers | |||||
| Code | Name | Close | +/- | % | Volume |
| ABI | Ambri | 0.19 | 0.02 | 11.76% | 2.47m |
| KCN | Kingsgate Consolidated. | 2.48 | 0.24 | 10.71% | 706025 |
| ERA | Energy Resources Of Australia | 11.8 | 0.85 | 7.76% | 50584 |
| BPT | Beach Petroleum | 0.73 | 0.04 | 5.8% | 2.63m |
| HDR | Hardman Resources | 2.05 | 0.09 | 4.59% | 3.01m |
| All Ords Percentage Decliners | |||||
| Code | Name | Close | +/- | % | Volume |
| TIR | Titan Resources | 0.071 | -0.011 | -13.41% | 14.56m |
| OEC | Orbital Corporation | 0.085 | -0.009 | -9.57% | 3.99m |
| AGX | Agenix | 0.44 | -0.04 | -7.45% | 438900 |
| CGX | Central Asia Gold | 0.75 | -0.05 | -6.25% | 105400 |
| CBH | CBH Resources | 0.3 | -0.02 | -6.25% | 2.98m |
Elsewhere in the Region...
Japan's Nikkei 225 exploded out of the blocks during the morning session and looked a good chance to hit 11950 - but stopped a few points short (its high was about 11925) in the post-lunch session it has softened back a little, but still shows a gain of 102.64 points (0.87%) to close at 11878.14 points.
The Kiwi Market advanced 4.24 points (0.14%) and was the only one of the regional bourses that closed lower than its opening print. A total of 18 stocks within the NZSE50 rose, with volume in advancers totalling 6.5million units. Decliners numbered 18, and total volume traded in losers was 8.5million shares. Individual stocks that dud well included...
- Pumpkin Patch (PPL), +NZ$0.09 (2.8%) to NZ$3.30 on volume of 228,000 shares;
- Waste Management (WAM), +NZ$0.17 (2.69%) to NZ$6.50 on volume of 184,000 shares;
- Fisher & Paykel H (FPH), +NZ$0.06 (1.99%) to NZ$3.07 on volume of 900,000 shares;
- NGC Holdings (NGC), +NZ$0.05 (1.53%) to NZ$3.32 on volume of 1.51m shares;
- Ryman Healthcare (RYM), +NZ$0.05 (1.45%) to NZ$3.50 on volume of 204,000 shares; and
- Sky Network Television (SKY), +NZ$0.09 (1.41%) to NZ$6.46 on volume of 360,000 shares.
Hong Kong's Hang Seng index advanced 51.63 points (0.37%). Within the Hang Seng, 17 index components rose, while 7 stocks fell. Volume in the gainers in Hong Kong's big-cap index totalled 114.3million units, and total volume traded in losers was 15.8million shares. Individual stocks that contributed to the advance included...
- CNOOC (0883), +HK$0.15 (3.43%) to HK$4.53 on volume of 38m shares;
- Wharf Holdings (0004), +HK$0.35 (1.36%) to HK$26.00 on volume of 2.7m shares;
- Esprit Holdings (0330), +HK$0.75 (1.36%) to HK$56.00 on volume of 1.76m shares;
- Citic Pacific (0267), +HK$0.25 (1.07%) to HK$23.65 on volume of 5.46m shares;
- Lenovo Group (0992), +HK$0.03 (1.01%) to HK$2.50 on volume of 9.75m shares; and
- Denway Motors (0203), +HK$0.03 (0.91%) to HK$2.78 on volume of 10.7m shares.
| Regional Indices | |||||
| Country | Name | Close | +/- | % | Volume |
| New Zealand | NZSE50 | 3129.196 | 4.24 | 0.14% | 19.84m |
| Japan | Nikkei 225 | 11878.14 | 102.64 | 0.87% | 69969 |
| Korea | KOSPI | 979.7 | -0.35 | -0.04% | 651980 |
| Singapore | Straits Times | 2185.68 | 25.79 | 1.19% | 0 |
| Hong Kong | Hang Seng | 13869.62 | 51.63 | 0.37% | 152.49m |
| Malaysia | KLSE Comp | 894.66 | -4.6 | -0.51% | 0 |
