Interdum stultus opportuna loquitur...

Monday, July 25, 2005

OzRant II - Testing Index RantCharts...

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

It should be possible now to click on the ASX Index codes and bring up a box with a basic chart in it. There won't be any volume.

The broad market - the ASX All Ordinaries (XAO) - rose by 11.40 points (0.26%), finishing at 4335.60 points. The index hit an intraday high of 4348.10 just before 1 p.m., and its low was 4324.2at the open (it retested that low after twenty minutes of trade).

All of the major indices behaved as if someone at an institution leant on their keyboard at about 11:45 a.m. Sydney time; the only genuine intraday move was between that time and 12:30 p.m., during which time the All Ords rose just under 20 points (it gave back most of that move by the close). It might have been a slightly-delayed reaction to the PPI (which was released at 11:30, and showed an increase of 0.8% for the quarter and 3.4% for the year); frankly, I wouldn't be so sanguine about that level of producer inflation - it can hardly be seen as benign for interest rates - however for the moment the Charge of the Nuff Brigade hasn't seen the cannons. But to steal a rather terrific phrase coined by the French commander at the battle of the Marne... "They give us their flank."

Total volume traded on the ASX was pretty massive at 1.16 billion units, 17.0% above its 10-day average. Of the 483 stocks in the All Ords index, 238 rose while 122 fell. Volume was tilted in favour of the gainers by a whopping margin of 4.5:1, with 524.51million shares traded in gainers while 115.48million 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 (XJO) - rose by 7.70 points (0.18%), finishing at 4378.80 points.

The "heavy hitters" of the Australian market - the ASX 20 Leaders (XTL) - rose by 1.40 points (0.06%), finishing at 2350.40 points. Within the index members, there were 11 that rose, and 7 losers. Total volume in rising issues within the ASX20 amounted to 46.46m shares, while volume in the losers totalled 31.19m units.

[Note: the ASX Announcement Headlines are switched back on in the RantBoxes - I have managed to fix the issue that was making them so godawful slow to process. I have also changed it so that it presents all price sensitive ASX announcement headlines since January 1st, rather  than just putting all announcements into the table.]

The major winners in the "big guns" were -

  • Woodside Petroleum (WPL), +$0.650 (2.17%) to $30.550 on volume of 1.32m shares;
  • St George Bank (SGB), +$0.220 (0.83%) to $26.770 on volume of 880,000 shares;
  • News Corporation (NWSLV), +$0.180 (0.83%) to $21.960 on volume of 603,000 shares;
  • News Corporation (NWS), +$0.160 (0.69%) to $23.240 on volume of 1.41m shares; and
  • BHP Billiton (BHP), +$0.130 (0.68%) to $19.220 on volume of 12.05m shares.

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

  • Alumina (AWC), -$0.13 (2.23%) to $5.71 on volume of 10.99m shares;
  • QBE Insurance Group (QBE), -$0.16 (0.95%) to $16.62 on volume of 3.64m shares; and
  • National Australia Bank (NAB), -$0.27 (0.85%) to $31.63 on volume of 4.74m shares; and
  • Coles Myer Ltd (CML), -$0.06 (0.63%) to $9.54 on volume of 2.24m shares; and
  • Westpac Banking Corporation (WBC), -$0.12 (0.61%) to $19.68 on volume of 3.78m shares.

At the smaller end of the market's capitalisation scale, the ASX Small Ordinaries Index (XSO) outperformed the rest of the market, rising by 27.20 points (1.12%) to close at 2455.90 points. The major winners in the "pop-guns" were -

  • Emperor Mines (EMP), +$0.040 (13.33%) to $0.340 on volume of 30,000 shares;
  • Virotec International (VTI), +$0.085 (10.9%) to $0.865 on volume of 813,000 shares; and
  • Baycorp Advantage (BCA), +$0.240 (8.05%) to $3.220 on volume of 777,000 shares; and
  • Multiemedia (MUL), +$0.002 (8%) to $0.027 on volume of 296.52m shares; and
  • Redflex Holdings (RDF), +$0.220 (7.46%) to $3.170 on volume of 600,000 shares.

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

  • Lynas Corporation (LYC), -$0.010 (7.14%) to $0.130 on volume of 606,000 shares;
  • Primelife Corporation (PLF), -$0.030 (2.8%) to $1.040 on volume of 138,000 shares; and
  • A.B.C. Learning Centres (ABS), -$0.130 (2.31%) to $5.490 on volume of 323,000 shares; and
  • Collection House (CLH), -$0.035 (2.16%) to $1.585 on volume of 79,000 shares; and
  • Excel Coal (EXL), -$0.150 (2.01%) to $7.320 on volume of 1.35m shares.
Index Changes
XAOAll Ordinaries4335.611.40.26%737.42m
XTLS&P/ASX 202350.41.40.06%83.62m
XFLS&P/ASX 504315.91.10.03%168.41m
XTOS&P/ASX 1003554.83.50.1%266.27m
XJOS&P/ASX 2004378.87.70.18%370.6m
XKOS&P/ASX 3004370.78.30.19%0
XMDS&P/ASX Mid-Cap 504228.721.70.52%0
XSOS&P/ASX Small Ordinaries2455.927.21.12%425.67m

All Ordinaries Market Internals

Market Breadth

Advancing Volume46.46m146.56m209.55m524.51366.95840.19
Declining Volume31.19m91.22m102.7m115.4817.44214.58

S&P/ASX200 GICS Sector Indices

The top sector for the day was Information Technology which gained 1.77% to 401.80 points. The sector was helped by

  • Baycorp Advantage (BCA), +$0.240 (8.05%) to $3.220 on volume of 777,000 shares;
  • Vision Systems (VSL), +$0.080 (6.72%) to $1.270 on volume of 1.02m shares;
  • Infomedia Ltd (IFM), +$0.010 (1.69%) to $0.600 on volume of 219,000 shares;
  • MYOB (MYO), +$0.010 (0.92%) to $1.100 on volume of 294,000 shares; and
  • Computershare (CPU), +$0.030 (0.49%) to $6.100 on volume of 3.42m shares.

Second in the sector leadership stakes was Energy which gained 1.44% to 9855.10 points - helped no doubt by Friday's burst upwards in Crude Oil. The sector leaders were -

  • Tap Oil (TAP), +$0.150 (5.54%) to $2.860 on volume of 1.15m shares;
  • Roc Oil Company (ROC), +$0.100 (4.57%) to $2.290 on volume of 1.14m shares;
  • Australian Worldwide Exploration (AWE), +$0.075 (3.9%) to $2.000 on volume of 2.72m shares;
  • Hardman Resources (HDR), +$0.080 (3.52%) to $2.350 on volume of 2.85m shares; and
  • Caltex Australia (CTX), +$0.530 (3.12%) to $17.500 on volume of 1.17m shares.

The bronze today went to Materials which gained 0.44% to 7697.90 points. The sector was led by

  • Paperlinx (PPX), +$0.300 (9.26%) to $3.540 on volume of 6.48m shares;
  • Newcrest Mining (NCM), +$0.690 (4.31%) to $16.690 on volume of 3m shares;
  • Wattyl (WYL), +$0.090 (3.69%) to $2.530 on volume of 512,000 shares;
  • Zinifex (ZFX), +$0.090 (2.93%) to $3.160 on volume of 4.8m shares; and
  • CSR (CSR), +$0.050 (1.92%) to $2.650 on volume of 5.76m shares.

The worst-performed sector today was Consumer Staples which lost 0.16% to 5725.20 points. The sector was dragged lower by

  • Ridley Corporation (RIC), -$0.010 (0.68%) to $1.455 on volume of 119,000 shares;
  • Coles Myer Ltd (CML), -$0.060 (0.63%) to $9.540 on volume of 2.24m shares;
  • Burns, Philp & Company (BPC), -$0.005 (0.54%) to $0.915 on volume of 1.19m shares;
  • Coca-Cola Amatil (CCL), -$0.040 (0.51%) to $7.740 on volume of 1.22m shares; and
  • Futuris Corporation (FCL), -$0.010 (0.48%) to $2.060 on volume of 1.69m shares.

Just in front of last place on the sector table was ASX200 Financials ex Property Trusts which lost 0.12% to 5277.40 points. The sector was pulled down by

  • Lend Lease Corporation (LLC), -$0.190 (1.43%) to $13.130 on volume of 1.28m shares;
  • QBE Insurance Group (QBE), -$0.160 (0.95%) to $16.620 on volume of 3.64m shares;
  • Challenger Financial Services Group (CGF), -$0.030 (0.9%) to $3.310 on volume of 1.06m shares;
  • National Australia Bank (NAB), -$0.270 (0.85%) to $31.630 on volume of 4.74m shares; and
  • Westpac Banking Corporation (WBC), -$0.120 (0.61%) to $19.680 on volume of 3.78m shares.
Sector Indices
CodeGICS SectorClose+/-%Volume
XIJInformation Technology401.871.77%8.15m
XPJProperty Trusts1802.24.90.27%57.31m
XDJConsumer Discretionary2302.85.90.26%19.26m
XXJASX200 Financials ex Property Trusts5277.4-6.4-0.12%53.57m
XSJConsumer Staples5725.2-9-0.16%27.19m

All Ordinaries Major Movers

All Ords Volume Leaders
TLSTelstra Corporation5.10.010.2%19.5m
BHPBHP Billiton19.220.130.68%12.05m
MAPMacquarie Airports3.29-0.07-2.08%11.67m
DYLDeep Yellow0.1350.018%10.68m

All Ords Percentage Gainers
BOCBougainville Copper0.820.1217.14%146771
VTIVirotec International0.8650.08510.9%813309
BBBB Digital0.3950.038.22%448046
BCABaycorp Advantage3.220.248.05%776749

All Ords Percentage Decliners
ETWEvans & Tate0.39-0.065-14.29%915889
LYCLynas Corporation0.13-0.01-7.14%605800
UNWUnwired Group0.445-0.025-5.32%1.46m
UNIUnilife Medical Solutions0.56-0.025-4.27%185472

Elsewhere in the Region...

Regional Indices
New ZealandNZSE503329.07112.850.39%26.81m
JapanNikkei 22511762.6567.60.58%0
SingaporeStraits Times2316.37-2.97-0.13%0
Hong KongHang Seng14836.0749.610.34%199.15m
MalaysiaKLSE Comp939.840.150.02%0