Interdum stultus opportuna loquitur...

Tuesday, June 07, 2005

OzRant: AGAIN? Only Just...

Note - from June 24th 2009, this blog has migrated from Blogger to a self-hosted version. Click here to go straight there.

Well, it's finally done; the integration of the (still slightly slow) RantBox into the RantTables (two T's in a row looks ungainly.. they must be renamed). I'm reasonably satisfied thus far (I don't like slow execution though... it will have to be fixed). For now at least, there's a reasonable source of basic fundamental data, plus a little chart and recent announcement headlines. I think it's pretty nifty.

It's actually hard to work up sufficient bile to do justice to the Rant label, today - I slept awfully, and I've had to juggle the final implementation of the RantBox with several tiresome chores and errands. Still, let's press on... I promise more invective tomorrow.

Major Market Indices

The broad market - the ASX All Ordinaries - traded in a dismally narrow range today. After a little dip in the first few minutes (which took the XJO under 4200 briefly), the thing just wandered around like an escaped depressive patient. 4200 became a rock beneath, and 4210 a cement ceiling above, the ASX200, and that pretty much told the story (have I mentioned the RantBox yet? It's neat.)

By the close, the All Ords had managed to eke out a gain of 5.50 points (0.13%), finishing at 4160.10 points. The index hit an intraday high of 4161.90 and its low was 4152.1. the XJO fell in love with 4205 for 90% of the afternoon - if folks are going to be that stupidly obsessed with a number, they ought to just turn the bloody SEATS machine off and be done with it. How dare the market be so tedious, on the day that I launch the RantBox (did I mention the RantBox yet? Oh... yes...).

Total volume traded on the ASX was 780 million units, pretty much in line with its 10-day average (actually, 1.7% below - but who's counting?).

Of the 483 stocks in the index, 191 fell while 161 managed a gain. only 15 were worth of a RantBox.

OK... the RantBox thing is getting tedious now. I will stop it.

Volume was tilted in favour of the gainers by a margin of 1.1:1, with 226.75 million shares traded in gainers while 209.35million shares traded in the session's All Ords decliners.

The Index that forms the cash basis for the SFE's Share Price Index Futures - the S&P/ASX 200 - rose by 7.60 points (0.18%), finishing at 4205.60 points.

The "heavy hitters" of the Australian market - the ASX 20 Leaders - rose by 4.00 points (0.18%), finishing at 2272.80 points. Within the index members, there were 9 that rose, and 9 losers (Fosters' and Wesfarmers were unchanged). Total volume in rising issues within the ASX20 amounted to 32.56 while volume in the losers totalled 39.49m units.

The major winners in the "big guns" were -

  • AMP Limited (AMP), +$0.12 (1.86%) to $6.56 on volume of 9.43m shares;
  • National Australia Bank (NAB), +$0.34 (1.1%) to $31.25 on volume of 4.59m shares;
  • Australia And New Zealand Banking Group (ANZ), +$0.22 (1.01%) to $21.96 on volume of 2.89m shares;
  • Commonwealth Bank Of Australia (CBA), +$0.23 (0.61%) to $37.95 on volume of 1.65m shares; and
  • QBE Insurance Group (QBE), +$0.09 (0.59%) to $15.39 on volume of 814,000 shares.

The following stocks made up the biggest percentage losers in the big-guns:

  • BHP Billiton (BHP), -$0.13 (0.74%) to $17.37 on volume of 14.91m shares;
  • Rio Tinto (RIO), -$0.31 (0.7%) to $43.76 on volume of 2.25m shares;
  • Woodside Petroleum (WPL), -$0.14 (0.51%) to $27.17 on volume of 1.56m shares;
  • St George Bank (SGB), -$0.13 (0.5%) to $26.05 on volume of 1.51m shares; and
  • Coles Myer Ltd (CML), -$0.04 (0.42%) to $9.48 on volume of 2.91m shares.

At the smaller end of the market's capitalisation scale, the ASX Small Ordinaries Index fell by 3.20 points (-0.14%), finishing at 2323.90 points. The major winners in the "pop-guns" were -

  • Virotec International (VTI), +$0.06 (8.66%) to $0.69 on volume of 201,000 shares;
  • Salmat (SLM), +$0.40 (8.02%) to $5.39 on volume of 229,000 shares;
  • Perseverance Corporation (PSV), +$0.02 (7.14%) to $0.30 on volume of 2.95m shares;
  • Globe International (GLB), +$0.03 (6.85%) to $0.39 on volume of 14.58m shares; and
  • Resolute Mining (RSG), +$0.06 (6.32%) to $1.01 on volume of 869,000 shares.

The losingest-little-guys for the session were (in order of decline):

  • Emperor Mines (EMP), -$0.07 (22.81%) to $0.22 on volume of 41,000 shares;
  • Integrated Group (IWF), -$0.28 (15.91%) to $1.48 on volume of 481,000 shares; and
  • Multiemedia (MUL), -$0.00 (11.11%) to $0.02 on volume of 5.89m shares;
  • PMP (PMP), -$0.10 (6.74%) to $1.32 on volume of 809,000 shares; and
  • Psivida (PSD), -$0.06 (6.21%) to $0.83 on volume of 989,000 shares.
Index Changes
Code Name Close +/- % Volume
XAO All Ordinaries 4160.1 5.5 0.13% 543.78m
XTL S&P/ASX 20 2272.8 4 0.18% 76.58m
XFL S&P/ASX 50 4158.4 11.2 0.27% 191.72m
XTO S&P/ASX 100 3419.4 7.4 0.22% 352.28m
XJO S&P/ASX 200 4205.6 7.6 0.18% 435.37m
XKO S&P/ASX 300 4198 7.7 0.18% 0
XMD S&P/ASX Mid-Cap 50 4028.4 -5.2 -0.13% 0
XSO S&P/ASX Small Ordinaries 2323.9 -3.2 -0.14% 159.28m

All Ordinaries Market Internals

Oh, buggering arse. I forgot. AGAIN. Still, I finished the RantBox stuff. And I am going to fix the Breadth table TONIGHT.

Market Breadth

XAO XJO XSO ASX20 Market XTO
Advances 161 78 67 9 441 45
Declines 191 88 78 9 478 44
Advancing Volume 226.75m 199.72m 71.14m 32.56 369.2 173.18
Declining Volume 209.35m 171.22m 43.9m 39.49 305.39 144.75

S&P/ASX200 GICS Sector Indices

The top sector for the day was Property Trusts which gained 1.14% to 1799.60 points. Interest-sensitive stuff was all the rage - as if the non-announcement by the central-planning apparatchiks at the RBA was a surprise. The sector was helped by

  • Mirvac Group (MGR), +$0.21 (6.09%) to $3.66 on volume of 32.77m shares;
  • Stockland (SGP), +$0.17 (3.03%) to $5.78 on volume of 5.84m shares;
  • Investa Property Group (IPG), +$0.05 (2.45%) to $2.09 on volume of 5.14m shares;
  • Galileo Shopping America Trust (GSA), +$0.03 (2.44%) to $1.26 on volume of 542,000 shares; and
  • ING Industrial Fund (IIF), +$0.05 (2.35%) to $2.18 on volume of 4.26m shares.

Second in the sector leadership stakes was Financials (another interest-sensitive jobbie) which gained 0.71% to 5057.70 points. The sector leaders were -

  • Mirvac Group (MGR), +$0.21 (6.09%) to $3.66 on volume of 32.77m shares;
  • Record Investments (RCD), +$0.31 (5.86%) to $5.60 on volume of 1.32m shares;
  • Australand Property Group (ALZ), +$0.05 (3.21%) to $1.45 on volume of 2.37m shares;
  • Stockland (SGP), +$0.17 (3.03%) to $5.78 on volume of 5.84m shares; and
  • Investa Property Group (IPG), +$0.05 (2.45%) to $2.09 on volume of 5.14m shares.

The bronze today went to Healthcare which gained 0.60% to 4888.90 points. The sector was led by

  • Peptech (PTD), +$0.06 (4.17%) to $1.50 on volume of 1.03m shares;
  • Ventracor (VCR), +$0.04 (2.58%) to $1.59 on volume of 5.67m shares;
  • CSL (CSL), +$0.56 (1.94%) to $29.50 on volume of 737,000 shares;
  • DCA Group (DVC), +$0.06 (1.75%) to $3.49 on volume of 2.85m shares; and
  • Mayne Group (MAY), +$0.05 (1.1%) to $4.58 on volume of 2.09m shares.

The worst-performed sector today was Energy which lost 1.16% to 8872.30 points - how many folks were fooled by the rollover in the oil futures? Looks like plenty. The sector was dragged lower by

  • Worleyparsons (WOR), -$0.36 (4.74%) to $7.24 on volume of 685,000 shares;
  • Tap Oil (TAP), -$0.07 (3.35%) to $2.02 on volume of 504,000 shares; and
  • Arc Energy (ARQ), -$0.05 (2.44%) to $2.00 on volume of 1.03m shares;
  • Origin Energy (ORG), -$0.12 (1.66%) to $7.12 on volume of 924,000 shares; and
  • Santos (STO), -$0.17 (1.58%) to $10.58 on volume of 1.02m shares.

Just in front of last place on the sector table was Industrials which lost 0.45% to 5053.10 points. The sector was pulled down by

  • PMP (PMP), -$0.10 (6.74%) to $1.32 on volume of 809,000 shares;
  • Coates Hire (COA), -$0.12 (2.77%) to $4.21 on volume of 722,000 shares; and
  • Brambles Industries (BIL), -$0.16 (1.92%) to $8.17 on volume of 1.81m shares; and
  • Patrick Corporation (PRK), -$0.07 (1.23%) to $5.63 on volume of 2.82m shares.
Sector Indices
Code GICS Sector Close +/- % Volume
XPJ Property Trusts 1799.6 20.2 1.14% 143.61m
XFJ Financials 5057.7 35.5 0.71% 191.38m
XHJ Healthcare 4888.9 29.2 0.6% 15.02m
XXJ ASX200 Financials ex Property Trusts 5156.7 30 0.59% 50.41m
XIJ Information Technology 379.5 1.3 0.34% 4.08m
XDJ Consumer Discretionary 2220.9 -0.4 -0.02% 35.6m
XSJ Consumer Staples 5599 -8.4 -0.15% 34.98m
XMJ Materials 7041.5 -11.6 -0.16% 78.4m
XUJ Utilities 4988.6 -9.9 -0.2% 3.58m
XTJ Telecommunications 1795.8 -6 -0.33% 13.45m
XNJ Industrials 5053.1 -22.6 -0.45% 57.81m
XEJ Energy 8872.3 -104 -1.16% 14.45m

All Ordinaries Major Movers

Behold - click on the ASX Codes below and be transported (albeit slowly) into the RantBox. They will improve over time too, as I decide that there's more stuff that's not genuine 'value add' and insert it into the data boxes... if I can get technical studies to render faster I will up the ante on the chart, too.

All Ords Volume Leaders
Code Name Close +/- % Volume
MGR Mirvac Group 3.66 0.21 6.09% 32.77m
MIG Macquarie Infrastructure Group 4.15 0.02 0.48% 17.93m
DRT DB Rreef Trust 1.4 -0.01 -0.71% 17.68m
BHP BHP Billiton 17.37 -0.13 -0.74% 14.91m
GLB Globe International 0.39 0.03 6.85% 14.58m
MXG Multiplex Group 2.65 0.06 2.32% 12.09m


All Ords Percentage Gainers
Code Name Close +/- % Volume
SED Sedimentary Holdings 0.22 0.03 15.79% 842335
PLT Polartechnics 0.24 0.03 14.29% 832667
VTI Virotec International 0.69 0.06 8.66% 200942
SLM Salmat 5.39 0.4 8.02% 228666
BCL Betcorp 0.21 0.02 7.89% 1.19m


All Ords Percentage Decliners
Code Name Close +/- % Volume
ORL Oroton Group 1.95 -0.63 -24.42% 437325
IWF Integrated Group 1.48 -0.28 -15.91% 481498
MUL Multiemedia 0.016 -0.002 -11.11% 5.89m
EPT Epitan 0.39 -0.03 -7.14% 260021
ABI Ambri 0.13 -0.01 -7.14% 867553

Elsewhere in the Region...

Japan's Nikkei 225 tried to be sneaky today, snapping upwards 20 points at the closing bell in order to maintain a close above 11200. By the close it had reduced its session loss to 53.17 points (-0.47%), closing at 11217.45 points. The index hit a high of 11258.28 in the first half hour, and fell to 11179.13 at 2 p.m. Tokyo time.

The Kiwi Market advanced 7.40 points (0.24%) in another reasonably flat session. The NZSE had an upward bias all fay, but it was like pulling teeth; from a low of 3054.528 points at the end of the first half-hour, it was a waft upwards a scant 17 points to the day's high at 3069.922 - and that took over five hours.

A total of 20 stocks within the NZSE50 rose, with volume in advancers totalling 14.9million units. Decliners numbered 20, and total volume traded in losers was 5.4million shares. Individual stocks that performed well included...

  • Auckland International airport (again) (AIA), +NZ$0.04 (1.86%) to NZ$2.19 on volume of 4.61m shares;
  • Carter Holt Harvey (CAH), +NZ$0.03 (1.67%) to NZ$1.83 on volume of 824,000 shares;
  • Hallenstein Glass (HLG), +NZ$0.06 (1.6%) to NZ$3.80 on volume of 21,000 shares;
  • Sanford Limited (SAN), +NZ$0.05 (1.18%) to NZ$4.30 on volume of 19,000 shares;
  • Amp Limited (AMP), +NZ$0.08 (1.15%) to NZ$7.04 on volume of 27,000 shares; and
  • AMP NZ Office Trust (APT), +NZ$0.01 (1.11%) to NZ$0.91 on volume of 433,000 shares.

Hong Kong's Hang Seng index declined 21.79 points (-0.16%) to rest at 13838.76 at lunchtime. The index was in a very tight range in the morning session, trading between 13800.09 (the low) and 13840.16 (the morning high).

Within the Hang Seng, 9 index components rose, while 16 stocks fell. Volume in the gainers in Hong Kong's big-cap index totalled 66.6million units, and total volume traded in losers was 43.1million shares. Individual stocks that contributed to the decline included...

  • Lenovo Group (0992), -HK$0.05 (2%) to HK$2.45 on volume of 13.99m shares;
  • PCCW (0008), -HK$0.05 (1.04%) to HK$4.78 on volume of 3.15m shares;
  • Wharf Holdings (0004), -HK$0.25 (0.97%) to HK$25.40 on volume of 1.12m shares;
  • Hang Lung Properties (0101), -HK$0.10 (0.88%) to HK$11.20 on volume of 1.23m shares;
  • Henderson Land (0012), -HK$0.30 (0.84%) to HK$35.50 on volume of 1.15m shares; and
  • SHK Properties (0016), -HK$0.50 (0.67%) to HK$73.75 on volume of 1.99m shares.
Regional Indices
Country Name Close +/- % Volume
New Zealand NZSE50 3068.373 7.4 0.24% 28.13m
Japan Nikkei 225 11217.45 -53.17 -0.47% 0
Korea KOSPI 970.88 -5.21 -0.53% 313876
Singapore Straits Times 2209.52 8.14 0.37% 0
Hong Kong Hang Seng 13838.76 -21.79 -0.16% 135.16m
Malaysia KLSE Comp 872.73 0.76 0.09% 0