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Major Market Indices
The broad market - the ASX All Ordinaries - rose by 7.60 points (0.18%), finishing at 4123.40 points. The index hit an intraday high of 4123.40 (i.e., it closed at its high) and its low was 4111.6 set ten minutes after the open.
A 12-point range? Are they trying to starve SPI scalpers, or what?
Total volume traded on the ASX was better than yesterday, but still pretty lame at just 780 million units, 15.3% below its 10-day average. 196 All Ords index members rose, while 175 fell for the day. Volume in losers was 206.72 units which was less than the 214.52units traded in advancing stocks.
The Index that forms the cash basis for the SFE's Share Price Index Futures - the S&P/ASX 200 - rose by 9.40 points (0.23%), finishing at 4142.00 points.
The "heavy hitters" of the Australian market - the ASX 20 Leaders - rose by 4.00 points (0.18%), finishing at 2237.20 points. Within the index members, there were 11 that rose, and 9 losers. Total volume in rising issues within the ASX20 amounted to 48.5 while volume in the losers totalled 37.17m units.
The major winners in the "big guns" were -
- Woodside Petroleum (WPL), +$0.37 (1.47%) to $25.59 on volume of 1.01m shares;
- Australia & New Zealand Banking Group (ANZ), +$0.23 (1.1%) to $21.12 on volume of 4.05m shares;
- Coles Myer (CML), +$0.10 (1.1%) to $9.21 on volume of 4.18m shares;
- Rio Tinto (RIO), +$0.35 (0.78%) to $45.45 on volume of 1.55m shares; and
- Alumina (AWC), +$0.04 (0.66%) to $6.13 on volume of 3.39m shares.
The following stocks made up the biggest percentage losers in the big-guns:
- Amcor (AMC), -$0.26 (3.61%) to $6.95 on volume of 7.72m shares;
- QBE Insurance Group (QBE), -$0.18 (1.18%) to $15.04 on volume of 1.98m shares;
- Foster's Group (FGL), -$0.06 (1.11%) to $5.34 on volume of 2.93m shares;
- Wesfarmers (WES), -$0.27 (0.66%) to $40.58 on volume of 521,000 shares; and
- News Corporation (NWSLV), -$0.12 (0.55%) to $21.68 on volume of 1.99m 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 7.00 points (0.30%), finishing at 2329.40 points. The major winners in the "pop-guns" were -
- Hpal (HPX), +$0.09 (5.66%) to $1.68 on volume of 18,000 shares;
- Citect Corporation (CTL), +$0.06 (5.45%) to $1.16 on volume of 458,000 shares;
- Beach Petroleum (BPT), +$0.03 (4.84%) to $0.65 on volume of 870,000 shares;
- Hills Motorway Group (HLY), +$0.45 (4.17%) to $11.25 on volume of 281,000 shares; and
- Mcguigan Simeon Wines (MGW), +$0.17 (4%) to $4.42 on volume of 1.58m shares.
The losingest-little-guys for the session were (in order of decline):
- Giants Reef Mining (GTM), -$0.02 (35%) to $0.04 on volume of 48.24m shares;
- Orbital Corporation (OEC), -$0.01 (9.09%) to $0.10 on volume of 236,000 shares; and
- Perseverance Corporation (PSV), -$0.03 (7.25%) to $0.32 on volume of 12.37m shares;
- Institute Of Drug Technology Australia (IDT), -$0.10 (5%) to $1.90 on volume of 37,000 shares; and
- Dragon Mining (DRA), -$0.01 (4.88%) to $0.20 on volume of 402,000 shares.
| Index Changes | |||||
| Code | Name | Close | +/- | % | Volume |
| XAO | All Ordinaries | 4123.4 | 7.6 | 0.18% | 2251.806 |
| XTL | S&P/ASX 20 | 2237.2 | 4 | 0.18% | 85.67m |
| XFL | S&P/ASX 50 | 4090.3 | 6.4 | 0.16% | 0 |
| XTO | S&P/ASX 100 | 3367.1 | 6.6 | 0.2% | 0 |
| XJO | S&P/ASX 200 | 4142 | 9.4 | 0.23% | 341.54m |
| XKO | S&P/ASX 300 | 4141 | 8.4 | 0.2% | 0 |
| XMD | S&P/ASX Mid-Cap 50 | 3993 | 16.5 | 0.41% | 0 |
| XSO | S&P/ASX Small Ordinaries | 2329.4 | 7 | 0.3% | 189.92m |
All Ordinaries Market Internals
| Market Breadth | |||||
| XAO | XJO | XSO | ASX20 | Market | |
| Advances | 196 | 112 | 82 | 11 | 424 |
| Declines | 175 | 69 | 83 | 9 | 474 |
| Advancing Volume | 206.72m | 179.67m | 55.8m | 48.5 | 319.27 |
| Declining Volume | 214.52m | 121.24m | 100.36m | 37.17 | 357.31 |
S&P/ASX200 GICS Sector Indices
The top sector for the day was Information Technology which gained 2.02% to 373.10 points. Of the 7 stocks in the sector, 4 rose while 2 fell. Volume was tilted in favour of the gainers by a margin of 2.3:1, with 2.30 million shares traded in gainers while 0.99 million shares traded in losers. The sector's biggest percentage gainers were -
- Computershare (CPU), +$0.17 (3.11%) to $5.64 on volume of 1.01m shares;
- Vision Systems (VSL), +$0.03 (2.56%) to $1.20 on volume of 790,000 shares;
- MYOB (MYO), +$0.01 (0.97%) to $1.04 on volume of 281,000 shares;
- IRESS Market Technology (IRE), +$0.03 (0.74%) to $4.09 on volume of 212,000 shares; and
- ERG (ERG), -$0.00 (0%) to $0.30 on volume of 663,000 shares.
Second in the sector leadership stakes was Energy which gained 0.78% to 8357.00 points. There are 11 stocks in this sector, and today 7 of them joined in the bounce, and the other 4 fell. Volume was tilted in favour of the gainers by a margin of 3.8:1, with 14.30million shares traded in gainers while 3.74million shares traded in losers. The biggest gainers (in percentage terms) included-
- Oil Search (OSH), +$0.07 (2.92%) to $2.47 on volume of 8.67m shares;
- Woodside Petroleum (WPL), +$0.37 (1.47%) to $25.59 on volume of 1.01m shares;
- Santos (STO), +$0.08 (0.86%) to $9.38 on volume of 1.74m shares;
- Australian Worldwide Exploration (AWE), +$0.02 (0.84%) to $1.80 on volume of 452,000 shares; and
- Roc Oil Company (ROC), +$0.01 (0.55%) to $1.84 on volume of 392,000 shares.
The bronze today went to Materials which gained 0.51% to 7217.80 points. Of the 37 stocks in the sector, 23 rose and 14 fell. Volume was tilted in favour of the gainers by a margin of 3:1, with 65.86 million shares traded in gainers while 21.64 million shares traded in losers. The sector's biggest percentage gains were had in the following list:
- Minara Resources (MRE), +$0.08 (3.81%) to $2.18 on volume of 1.99m shares;
- Bluescope Steel (BSL), +$0.30 (3.5%) to $8.86 on volume of 6.91m shares;
- Wattyl (WYL), +$0.08 (2.95%) to $2.79 on volume of 2.24m shares;
- Kimberley Diamond Company. (KIM), +$0.03 (2.4%) to $1.07 on volume of 266,000 shares; and
- Zinifex (ZFX), +$0.07 (2.24%) to $3.19 on volume of 4.35m shares.
The worst-performed sector today was Telecommunications which lost 0.36% to 1786.80 points - not bad, really. There are only two stock in the sector, which is absolutely dominated by Telstra, so it's no surprise that TLS fell by anout hte same amount as the entire sector (or vice versa)... but really, it was a case of the close being 1 or 2 ticks below the open for both stocks...
- Telstra Corporation. (TLS), -$0.02 (0.4%) to $5.02 on volume of 13.94m shares; and
- Telecom Corporation Of New Zealand (TEL), -$0.01 (0.18%) to $5.63 on volume of 8.25m shares.
Just in front of last place on the sector table was Property Trusts which lost 0.07% to 1736.30 points. Boring.
- ING Industrial Fund (IIF), -$0.01 (0.5%) to $1.98 on volume of 1.32m shares;
- Investa Property Group (IPG), -$0.01 (0.49%) to $2.02 on volume of 7.9m shares; and
- Multiplex Group (MXG), -$0.02 (0.46%) to $4.32 on volume of 2.94m shares;
- Galileo Shopping America Trust (GSA), -$0.01 (0.44%) to $1.12 on volume of 1.05m shares; and
- Macquarie Ddr Trust (MDT), -$0.01 (0.43%) to $1.15 on volume of 5.03m shares.
| Sector Indices | |||||
| Code | GICS Sector | Close | +/- | % | Volume |
| XIJ | Information Technology | 373.1 | 7.4 | 2.02% | 3.95m |
| XEJ | Energy | 8357 | 65 | 0.78% | 18.03m |
| XMJ | Materials | 7217.8 | 36.6 | 0.51% | 87.49m |
| XNJ | Industrials | 5079.8 | 12.7 | 0.25% | 31.81m |
| XUJ | Utilities | 4760.8 | 11.8 | 0.25% | 3.64m |
| XHJ | Healthcare | 4946.1 | 11.2 | 0.23% | 8.02m |
| XXJ | ASX200 Financials ex Property Trusts | 4935.9 | 9.6 | 0.19% | 42.79m |
| XSJ | Consumer Staples | 5579 | 9.4 | 0.17% | 37.67m |
| XFJ | Financials | 4849.7 | 6.6 | 0.14% | 109.2m |
| XDJ | Consumer Discretionary | 2250.9 | -0.2 | -0.01% | 27.91m |
| XPJ | Property Trusts | 1736.3 | -1.3 | -0.07% | 70.21m |
| XTJ | Telecommunications | 1786.8 | -6.5 | -0.36% | 22.19m |
All Ordinaries Major Movers
| All Ords Volume Leaders | |||||
| Code | Name | Close | +/- | % | Volume |
| TLS | Telstra Corporation. | 5.02 | -0.02 | -0.4% | 13.94m |
| BHP | BHP Billiton | 18.18 | 0.11 | 0.61% | 13.68m |
| ADY | Admiralty Resources. | 0.12 | -0.01 | -7.69% | 13.15m |
| PSV | Perseverance Corporation | 0.32 | -0.03 | -7.25% | 12.37m |
| HRR | Heron Resources | 0.74 | -0.06 | -6.96% | 11.63m |
| SMY | Sally Malay Mining | 0.98 | 0.01 | 0.52% | 11.01m |
| All Ords Percentage Gainers | |||||
| Code | Name | Close | +/- | % | Volume |
| ABI | Ambri | 0.16 | 0.02 | 10.34% | 530800 |
| COU | Count Financial | 1.36 | 0.11 | 8.8% | 130284 |
| EOS | Electro Optic Systems Holdings | 4.8 | 0.34 | 7.62% | 30676 |
| CWP | Cedar Woods Properties | 2.4 | 0.15 | 6.67% | 21600 |
| CHQ | Chiquita Brands South Pacific | 0.86 | 0.05 | 6.17% | 484795 |
| All Ords Percentage Decliners | |||||
| Code | Name | Close | +/- | % | Volume |
| GTM | Giants Reef Mining | 0.039 | -0.021 | -35% | 48.24m |
| PBT | Prana Biotechnology | 0.22 | -0.09 | -28.33% | 2.33m |
| CMI | Cmi. | 1.63 | -0.17 | -9.44% | 55559 |
| PSV | Perseverance Corporation | 0.32 | -0.03 | -7.25% | 12.37m |
| EPT | Epitan | 0.56 | -0.04 | -5.93% | 478777 |
Elsewhere in the Region...
Japan's Nikkei 225 is currently trading down 75.34 points (-0.64%) at 11670.3 points. The index hit a high of 11764.01 just before 10:30 a.m. Tokyo time, and fell to 11657.66 points about half an hour before this report went to cyberspace.
The Kiwi Market declined 3.27 points (-0.11%). The index hit its intraday low of 3045.51 points shortly after the opening bell, abd rose to 3057.889 by about mid-session before sighing softly all afternoon and closing at 3048.02.
A total of 18 stocks within the NZSE50 rose, with volume in advancers totalling 5million units. Decliners numbered 17, and total volume traded in losers was 15.1million shares. Individual stocks that were a but suck included...
- Tenon Limited (TEN), -NZ$0.14 (3.51%) to NZ$3.85 on volume of 9,000 shares;
- Pumpkin Patch (PPL), -NZ$0.11 (3.49%) to NZ$3.04 on volume of 133,000 shares;
- Steel & Tube Holdings (STU), -NZ$0.10 (2.13%) to NZ$4.60 on volume of 23,000 shares;
- Port Of Tauranga (POT), -NZ$0.10 (1.95%) to NZ$5.02 on volume of 66,000 shares; and
- Michael Hill International (MHI), -NZ$0.15 (1.94%) to NZ$7.60 on volume of 14,000 shares.
Hong Kong's Hang Seng index declined 15.50 points (-0.11%). The index hit a high of 13678.64 at 11 a.m. HK time, and fell to 13624.04 points about twenty minutes ago (i.e., 2:45 p.m., HK time).
Within the Hang Seng, 11 index components rose, while 10 stocks fell. Volume in the gainers in Hong Kong's big-cap index totalled 14.6million units, and total volume traded in losers was 49.2million shares. Individual stocks that contributed to the decline included...
- Denway Motors (0203), -HK$0.05 (1.79%) to HK$2.75 on volume of 15.45m shares;
- MTR Corporation (0066), -HK$0.20 (1.61%) to HK$12.25 on volume of 673,000 shares;
- Cosco Pacific (1199), -HK$0.15 (0.85%) to HK$17.45 on volume of 682,000 shares;
- China Unicom (0762), -HK$0.05 (0.79%) to HK$6.30 on volume of 4.13m shares;
- CNOOC (0883), -HK$0.03 (0.59%) to HK$4.23 on volume of 14.28m shares; and
- China Mobile (0941), -HK$0.15 (0.57%) to HK$25.95 on volume of 9.99m shares.
| Regional Indices | |||||
| Country | Name | Close | +/- | % | Volume |
| New Zealand | NZSE50 | 3048.02 | -3.27 | -0.11% | 25.48m |
| Japan | Nikkei 225 | 11670.3 | -75.34 | -0.64% | 62111 |
| Korea | KOSPI | 981.79 | -4.15 | -0.42% | 477498 |
| Singapore | Straits Times | 2172.56 | -9.02 | -0.41% | 0 |
| Hong Kong | Hang Seng | 13644.43 | -15.5 | -0.11% | 107.36m |
| Malaysia | KLSE Comp | 867.34 | -2.59 | -0.3% | 0 |
