Note - from June 24th 2009, this blog has migrated from Blogger to a self-hosted version. Click here to go straight there.
The
thing just keeps goin' up... I've mentioned before that
markets can do the damndest things (that's why they're so interesting).
It's getting to the stage where our little shop is going to cause folks
some definite pain though. Today was the exact opposite of the last
week - instead of a rotation to higher market caps, today it was the
small-caps turn to shine.
Jeremiads aside, I've been having some fun trying to write a nifty little gizmo that will present some deeper data for stocks that appear in the RantTables below. I'm hoping that by tomorrow folks will be able to click on the ASX Codes in the table, and see:
- A little chart (no indicators, just an OHLC price chart... but a dead-sexy one that I wrote my own self;
- some basic fundamentals (PER, Yield, Price-to-NTA, and some other stuff); and
- the last half-dozen ASX Announcement headlines (with a link to the ASX site for the actual announcement).
(I confess... I admire people who have the courage to deliberately maintain silly brand names - like "Worldwide Pants", who produce the Letterman show... perhaps the umbrella company will be "Worldwide Rants" as a way of honouring that.)
Anyhow - the only difficulty
I'm having with the RantBox is getting the sexy chart to render within a
RantBox... I can get them to render by themselves, but not as part of
an integrated box. I'll work it out though.
Major Market Indices
The
broad market - the ASX All
Ordinaries - rose by 5.40 points
(0.13%), finishing at 4154.60 points. The index opened moderately soft,
dropping almost 15 points in the first 15 minutes to its session low of
4136.7 points before bouncing over almost 25 points in the following 20
minutes. Since that coincided with the first test of 4200 on the XJO,
it was no surprise that there was a nice little short opportunity over
the following half-hour. Nothing spectacular, mind you, but it took
three hours for a short position taken at 10:30 to show a loss, and if
you hadn't trousered a couple of hundred dollars by then you deserve
everything you get... trying a short on a Monday... who d'you think you
are, Soros?
Anyhow -
it wasn't until just on 2:30 p.m. that the market got past the 10:30
high again - the XAO rose to an intraday high of
4161.30 before a teensy sag into the close.
Total
volume traded on the ASX was 700 million units, 13.0% below its 10-day
average.
Of the 483 stocks in the index, 203 rose while 155 fell. Volume was tilted in favour of the gainers by a margin of 2:1, with 222.25million shares traded in gainers while 111.20million shares traded in the day's losers.
The Index that forms the cash basis for the SFE's Share Price Index Futures - the S&P/ASX 200 - rose by 4.00 points (0.10%), finishing at 4198.00 points.
The "heavy hitters" of the Australian market - the ASX 20 Leaders - fell by 4.20 points (-0.18%), finishing at 2268.80 points. Within the index members, there were 7 that rose, and 12 losers. Total volume in rising issues within the ASX20 amounted to 31.67m units while volume in the losers totalled 37.73m units.
The major winners in the "big guns" were -
- Woodside Petroleum (WPL), +$0.56 (2.09%) to $27.31 on volume of 1.97m shares;
- Amcor (AMC), +$0.07 (0.99%) to $7.16 on volume of 2.9m shares;
- Coles Myer Ltd (CML), +$0.07 (0.74%) to $9.52 on volume of 2.4m shares;
- St George Bank (SGB), +$0.16 (0.61%) to $26.18 on volume of 753,000 shares; and
- Alumina (AWC), +$0.03 (0.51%) to $5.92 on volume of 2.08m shares.
The following stocks made up the biggest percentage losers in the big-guns:
- Telstra Corporation (TLS), -$0.07 (1.36%) to $5.07 on volume of 13.94m shares;
- Foster's Group (FGL), -$0.07 (1.27%) to $5.45 on volume of 3.15m shares;
- QBE Insurance Group (QBE), -$0.15 (0.97%) to $15.30 on volume of 1.42m shares;
- Woolworths (WOW), -$0.15 (0.91%) to $16.31 on volume of 1.65m shares; and
- Australia And New Zealand Banking Group (ANZ), -$0.19 (0.87%) to $21.74 on volume of 2.39m shares.
At the smaller end of the market's capitalisation scale, the ASX Small Ordinaries Index rose by 18.80 points (0.81%), finishing at 2327.10 points. The major winners in the "pop-guns" were -
- Multiemedia (MUL), +$0.003 (20%) to $0.018 on volume of 28.42m shares;
- Progen Industries (PGL), +$0.19 (9.05%) to $2.29 on volume of 139,000 shares;
- FKP Property Group (FKP), +$0.23 (7.74%) to $3.20 on volume of 873,000 shares;
- Silex Systems (SLX), +$0.07 (7.29%) to $1.03 on volume of 659,000 shares; and
- Beach Petroleum (BPT), +$0.04 (6.78%) to $0.63 on volume of 1.58m shares.
The losingest-little-guys for the session were (in order of decline):
- Psivida (PSD), -$0.05 (5.35%) to $0.89 on volume of 870,000 shares;
- Lion Selection Group (LSG), -$0.08 (4.37%) to $1.75 on volume of 295,000 shares; and
- Circadian Technologies (CIR), -$0.06 (4.15%) to $1.27 on volume of 31,000 shares;
- Metabolic Pharmaceuticals (MBP), -$0.03 (4.11%) to $0.70 on volume of 548,000 shares; and
- Norwood Abbey (NAL), -$0.02 (3.66%) to $0.40 on volume of 180,000 shares.
| Index Changes | |||||
| Code | Name | Close | +/- | % | Volume |
| XAO | All Ordinaries | 4154.6 | 5.4 | 0.13% | 497.71m |
| XTL | S&P/ASX 20 | 2268.8 | -4.2 | -0.18% | 71.73m |
| XFL | S&P/ASX 50 | 4147.2 | 1.8 | 0.04% | 201.62m |
| XTO | S&P/ASX 100 | 3412 | 1.5 | 0.04% | 313.74m |
| XJO | S&P/ASX 200 | 4198 | 4 | 0.1% | 380.11m |
| XKO | S&P/ASX 300 | 4190.3 | 4.7 | 0.11% | 0 |
| XMD | S&P/ASX Mid-Cap 50 | 4033.6 | 2.9 | 0.07% | 0 |
| XSO | S&P/ASX Small Ordinaries | 2327.1 | 18.8 | 0.81% | 179.21m |
All Ordinaries Market Internals
Bugger -
forgot to fix the index order in the table below. I will do it for
tomorrow, I promise...
| Market Breadth | ||||||
| XAO | XJO | XSO | ASX20 | Market | XTO | |
| Advances | 203 | 105 | 93 | 7 | 469 | 48 |
| Declines | 155 | 67 | 67 | 12 | 425 | 40 |
| Advancing Volume | 222.25m | 170.23m | 96.48m | 31.67 | 337.09 | 114.68 |
| Declining Volume | 111.2m | 91.5m | 47.16m | 37.73 | 213.58 | 106.62 |
S&P/ASX200 GICS Sector Indices
The top sector for the day was Energy which gained 1.92% to 8976.30 points - thanks (obviously) to the renewed strength in crude oil prices (and in the Energy complex more generally). The sector was helped by
- Worleyparsons (WOR), +$0.27 (3.68%) to $7.60 on volume of 485,000 shares;
- Hardman Resources (HDR), +$0.07 (3.59%) to $2.02 on volume of 4.23m shares;
- Arc Energy (ARQ), +$0.06 (3.02%) to $2.05 on volume of 1m shares;
- Santos (STO), +$0.30 (2.87%) to $10.75 on volume of 1.73m shares; and
- Oil Search (OSH), +$0.06 (2.36%) to $2.60 on volume of 10.22m shares.
Second in the sector leadership stakes was Industrials which gained 0.42% to 5075.70 points. The sector leaders were -
- United Group (UGL), +$0.47 (5.41%) to $9.15 on volume of 2.4m shares;
- Macquarie Infrastructure Group (MIG), +$0.09 (2.23%) to $4.13 on volume of 6.9m shares;
- Adsteam Marine (ADZ), +$0.04 (2%) to $2.04 on volume of 773,000 shares;
- Australian Infrastructure Fund (AIX), +$0.05 (1.91%) to $2.67 on volume of 1.1m shares; and
- Leighton Holdings (LEI), +$0.20 (1.85%) to $11.00 on volume of 373,000 shares.
The bronze today went to Materials which gained 0.39% to 7053.10 points. The sector was led by
- Jubilee Mines (JBM), +$0.29 (4.58%) to $6.62 on volume of 981,000 shares;
- Aquarius Platinum (AQP), +$0.30 (4.55%) to $6.90 on volume of 72,000 shares;
- CSR (CSR), +$0.08 (3.09%) to $2.67 on volume of 4.52m shares;
- Oxiana (OXR), +$0.02 (2.21%) to $0.93 on volume of 4.64m shares; and
- Newcrest Mining (NCM), +$0.28 (1.96%) to $14.60 on volume of 1.72m shares.
The
worst-performed sector today was Telecommunications
which lost 1.24% to 1801.80 points. The sector was dragged lower by its
big gun - Telstra...
- Telstra Corporation (TLS), -$0.07 (1.36%) to $5.07 on volume of 13.94m shares; and
- Telecom Corporation Of New Zealand (TEL), -$0.03 (0.53%) to $5.63 on volume of 578,000 shares.
Just in front of last place on the sector table was Consumer Staples which lost 0.36% to 5607.40 points. The sector was pulled down by
- AWB (AWB), -$0.07 (1.55%) to $4.44 on volume of 1.92m shares;
- Foster's Group (FGL), -$0.07 (1.27%) to $5.45 on volume of 3.15m shares; and
- Woolworths (WOW), -$0.15 (0.91%) to $16.31 on volume of 1.65m shares;
- Foodland Associated (FOA), -$0.10 (0.38%) to $26.30 on volume of 148,000 shares; and
- National Foods (NFD), -$0.02 (0.31%) to $6.38 on volume of 109,000 shares.
| Sector Indices | |||||
| Code | GICS Sector | Close | +/- | % | Volume |
| XEJ | Energy | 8976.3 | 169.5 | 1.92% | 24.05m |
| XNJ | Industrials | 5075.7 | 21.3 | 0.42% | 36.05m |
| XMJ | Materials | 7053.1 | 27.1 | 0.39% | 125.13m |
| XIJ | Information Technology | 378.2 | 1.4 | 0.37% | 6.66m |
| XDJ | Consumer Discretionary | 2221.3 | 7.4 | 0.33% | 23.52m |
| XHJ | Healthcare | 4859.7 | 6 | 0.12% | 14.73m |
| XXJ | ASX200 Financials ex Property Trusts | 5126.7 | -3.4 | -0.07% | 40.21m |
| XFJ | Financials | 5022.2 | -4.8 | -0.1% | 133.59m |
| XPJ | Property Trusts | 1779.4 | -3.5 | -0.2% | 95.7m |
| XUJ | Utilities | 4998.5 | -16.3 | -0.33% | 3.31m |
| XSJ | Consumer Staples | 5607.4 | -20.1 | -0.36% | 28.1m |
| XTJ | Telecommunications | 1801.8 | -22.6 | -1.24% | 14.52m |
All Ordinaries Major Movers
| All Ords Volume Leaders | |||||
| Code | Name | Close | +/- | % | Volume |
| WMR | WMC Resources | 7.85 | 0 | 0% | 53.52m |
| MXG | Multiplex Group | 2.59 | -0.06 | -2.26% | 26.8m |
| BHP | BHP Billiton | 17.5 | 0.08 | 0.46% | 18.75m |
| TLS | Telstra Corporation | 5.07 | -0.07 | -1.36% | 13.94m |
| AND | Andean Resources | 0.15 | 0.03 | 20% | 12.47m |
| OSH | Oil Search | 2.6 | 0.06 | 2.36% | 10.22m |
| All Ords Percentage Gainers | |||||
| Code | Name | Close | +/- | % | Volume |
| PLT | Polartechnics | 0.21 | 0.07 | 50% | 879876 |
| MUL | Multiemedia | 0.018 | 0.003 | 20% | 28.42m |
| PGL | Progen Industries | 2.29 | 0.19 | 9.05% | 139324 |
| PNA | Pan Australian Resources | 0.27 | 0.02 | 8% | 2.52m |
| FKP | FKP Property Group | 3.20 | 0.23 | 7.74% | 873437 |
| All Ords Percentage Decliners | |||||
| Code | Name | Close | +/- | % | Volume |
| IAS | International All Sports | 0.23 | -0.02 | -6.12% | 345395 |
| PSD | Psivida | 0.89 | -0.05 | -5.35% | 870419 |
| EPT | Epitan | 0.42 | -0.02 | -4.55% | 329686 |
| LSG | Lion Selection Group | 1.75 | -0.08 | -4.37% | 295240 |
| MBP | Metabolic Pharmaceuticals | 0.7 | -0.03 | -4.11% | 547852 |
Elsewhere in the Region...
Japan's Nikkei
225 fell 29.43 points (-0.26%)
to
11270.62 points in mid-afternoon trade. The index dipped early to set
its low at 11184.6 points in the first half-hour, but had rallied back
nearly 100 points and was setting a new session high as I was
writing this sentence. From tomorrow onwards I will actually be able to
yabber about individual Nikkei companies that rose or fell.. what joy.
The Kiwi Market advanced 25.95 points (0.86%) to close at 3060.977 points. it was pretty much a coast-to-coast rally - the low (3035.026) was at the open, and the high (3061.077 was within seconds of the close.
A total of 21 stocks within the NZSE50 rose, with volume in advancers totalling 14.4million units. Decliners numbered 17, and total volume traded in losers was 1.7million shares. Individual stocks that ran hard included...
- Auckland International Airport (AIA), +NZ$0.07 (3.37%) to NZ$2.15 on volume of 588,000 shares;
- Property Forest Industries (PFI), +NZ$0.03 (2.86%) to NZ$1.08 on volume of 123,000 shares;
- Ryman Healthcare (RYM), +NZ$0.08 (2.22%) to NZ$3.68 on volume of 168,000 shares;
- Steel & Tube Holdings (STU), +NZ$0.09 (2%) to NZ$4.60 on volume of 7,000 shares;
- Fisher & Paykel A (FPA), +NZ$0.06 (1.92%) to NZ$3.19 on volume of 609,000 shares; and
- Carter Holt Harvey (CAH), +NZ$0.03 (1.69%) to NZ$1.80 on volume of 2.21m shares.
Hong Kong's Hang Seng index declined 12.31 points (-0.09%) to 13806.4 points at lunchtime. Like most regional bourses (except NZ) the Hongkers market dipped at the open, setting its low at 13745.68 points early on. From there it rallied nearly 80 points to set its morning-session high at 13824.06 about twenty minutes before the gong was banged for lunch.
Within the Hang Seng, 10 index components rose, while 11 stocks fell. Volume in the gainers in Hong Kong's big-cap index totalled 29.5million units, and total volume traded in losers was 35.9million shares. Individual stocks that contributed to the decline included...
- Lenovo Group (0992), -HK$0.05 (1.98%) to HK$2.48 on volume of 3.35m shares;
- Li & Fung (0494), -HK$0.20 (1.38%) to HK$14.30 on volume of 538,000 shares;
- China Unicom (0762), -HK$0.05 (0.82%) to HK$6.05 on volume of 2.07m shares;
- Swire Pacific A (0019), -HK$0.50 (0.75%) to HK$66.25 on volume of 875,000 shares;
- Wharf Holdings (0004), -HK$0.15 (0.59%) to HK$25.30 on volume of 1.6m shares; and
- PCCW (0008), -HK$0.03 (0.52%) to HK$4.78 on volume of 3.58m shares.
| Regional Indices | |||||
| Country | Name | Close | +/- | % | Volume |
| New Zealand | NZSE50 | 3060.976 | 25.95 | 0.86% | 21.29m |
| Japan | Nikkei 225 | 11270.62 | -29.43 | -0.26% | 0 |
| Korea | KOSPI | 976.09 | 5.21 | 0.54% | 322968 |
| Singapore | Straits Times | 2189.7 | -2.97 | -0.14% | 0 |
| Hong Kong | Hang Seng | 13806.14 | -12.31 | -0.09% | 132.3m |
| Malaysia | KLSE Comp | 869.99 | 4.11 | 0.47% | 0 |
