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The ASX All Ordinaries (XAO) opened like a duck shot in the bum - by the end of the first 15 minutes of trade it was budging 4500. Interestingly ,the ASX200 took its time about moving - making a much less frantic opening burst and wafting more obviously upward for the remainder of the session.
Comparing the closing prints to the 10:15 numbers, the XJO went from about 4545 at 10:15 to close at 4553, while the XAO went from 4495 to close with a gain of 33.00 points (0.74%), finishing at 4499.40 points.
The index got through 4500 just after 11:30 - again, reinforcing how much of the move happened at the kickoff - but took another three and a half hours to set its intraday high at 4508.40. the session low was the open - 4466.4.
Total volume traded on the ASX was strong, at 1.17 billion units, 9.3% above its 10-day average. Of the 486 stocks in the All Ords index, 230 rose while 132 fell. Volume was tilted in favour of the gainers by a margin of 4.0:1 (madness... official madness), with 429.16million shares traded in gainers while 108.49million 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 39.70 points (0.88%), finishing at 4553.60 points.
The "heavy hitters" of the Australian market - the ASX 20 Leaders (XTL) - rose by 23.40 points (0.98%), finishing at 2415.30 points. Within the index members, there were 17 that rose, and 3 losers - including our old mate Woodside. Volume was very tilted to gainers here, too - total volume in rising issues within the ASX20 amounted to 132.97m shares while volume in the losers totalled 31.86m units.
The major winners in the "big guns" were -
- Rio Tinto (RIO), +$1.330 (2.54%) to $53.770 on volume of 3.5m shares;
- QBE Insurance Group (QBE), +$0.300 (1.73%) to $17.650 on volume of 3.36m shares;
- Australia And New Zealand Banking Group (ANZ), +$0.380 (1.66%) to $23.250 on volume of 6.65m shares;
- BHP Billiton (BHP), +$0.290 (1.4%) to $20.990 on volume of 22.62m shares; and
- Westpac Banking Corporation (WBC), +$0.270 (1.32%) to $20.750 on volume of 4.6m shares.
The following stocks made up the biggest percentage losers in the big-guns:
- Woodside Petroleum (WPL), -$0.37 (1.13%) to $32.34 on volume of 1.32m shares;
- News Corporation (NWSLV), -$0.09 (0.44%) to $20.34 on volume of 27.5m shares; and
- Woolworths (WOW), -$0.04 (0.25%) to $16.09 on volume of 3.04m shares.
Oh - of course I can, with great fanfare and much rejoicing, ditch NWS from my databases now. I have looked forward to this day for almost a month - no more pom-pom waving from Merrill Lynch, no more blather about how Murdoch is a genius. The universe is compensating me for having to put up with 'Manuel' Trujillo by letting me seethe less about the fact that Murdoch has a Greenspan-like (i.e. completely undeserved) aura - solely because he owns the media.
At the smaller end of the market's capitalisation scale, the ASX Small Ordinaries Index (XSO) rose by 23.10 points (0.89%), finishing at 2622.00 points. The major winners in the "pop-guns" were -
- Resolute Mining (RSG), +$0.065 (6.25%) to $1.105 on volume of 582,000 shares;
- Highlands Pacific (HIG), +$0.035 (6.19%) to $0.600 on volume of 2.28m shares; and
- Sunland Group (SDG), +$0.100 (6.13%) to $1.730 on volume of 493,000 shares; and
- Schaffer Corporation (SFC), +$0.280 (5.58%) to $5.300 on volume of 8,000 shares; and
- Multiemedia (MUL), +$0.001 (5.56%) to $0.019 on volume of 9.53m shares.
The losingest-little-guys for the session were (in order of decline):
- Emperor Mines (EMP), -$0.015 (6%) to $0.235 on volume of 26,000 shares;
- Mcpherson's (MCP), -$0.140 (4.24%) to $3.160 on volume of 61,000 shares; and
- Australian Agricultural Company (AAC), -$0.075 (4.21%) to $1.705 on volume of 112,000 shares; and
- Mosaic Oil (MOS), -$0.010 (4%) to $0.240 on volume of 2.26m shares; and
- Norwood Abbey (NAL), -$0.015 (3.26%) to $0.445 on volume of 312,000 shares.
Index Changes
Code | Name | Close | +/- | % | Volume |
---|---|---|---|---|---|
XAO | All Ordinaries | 4499.4 | 33 | 0.74% | 608.21m |
XTL | S&P/ASX 20 | 2415.3 | 23.4 | 0.98% | 164.83m |
XFL | S&P/ASX 50 | 4452.3 | 39.9 | 0.9% | 282.14m |
XTO | S&P/ASX 100 | 3688.9 | 32 | 0.88% | 419.71m |
XJO | S&P/ASX 200 | 4553.6 | 39.7 | 0.88% | 497.14m |
XKO | S&P/ASX 300 | 4547.4 | 39.4 | 0.87% | 0 |
XMD | S&P/ASX Mid-Cap 50 | 4539.2 | 32 | 0.71% | 0 |
XSO | S&P/ASX Small Ordinaries | 2622 | 23.1 | 0.89% | 150m |
All Ordinaries Market Internals
Market Breadth
ASX20 | XTO | XJO | XAO | XSO | Market | |
---|---|---|---|---|---|---|
Advances | 17 | 75 | 136 | 230 | 103 | 549 |
Declines | 3 | 19 | 40 | 132 | 53 | 401 |
Advancing Volume | 132.97m | 327.17m | 375.12m | 429.16 | 94.37 | 800.76 |
Declining Volume | 31.86m | 70.08m | 80.47m | 108.49 | 28.32 | 202.45 |
S&P/ASX200 GICS Sector Indices
The top sector for the day was XMJ Materials which gained 1.40% to 8412.20 points. The sector was helped by
- Great Southern Plantations (GTP), +$0.120 (4.33%) to $2.890 on volume of 1.36m shares;
- Portman (PMM), +$0.170 (4.2%) to $4.220 on volume of 63,000 shares;
- Lion Selection Group (LSG), +$0.070 (3.83%) to $1.900 on volume of 578,000 shares;
- Lihir Gold (LHG), +$0.060 (3.82%) to $1.630 on volume of 21.12m shares; and
- Newcrest Mining (NCM), +$0.650 (3.46%) to $19.450 on volume of 3.7m shares.
Second in the sector leadership stakes was XNJ Industrials which gained 1.16% to 5405.60 points. The sector leaders were -
- Crane Group (CRG), +$0.310 (2.89%) to $11.050 on volume of 130,000 shares;
- Downer EDI (DOW), +$0.170 (2.88%) to $6.080 on volume of 1.99m shares;
- Macquarie Airports (MAP), +$0.080 (2.38%) to $3.440 on volume of 5.71m shares;
- Leighton Holdings (LEI), +$0.280 (1.97%) to $14.480 on volume of 923,000 shares; and
- Qantas Airways (QAN), +$0.060 (1.8%) to $3.390 on volume of 9.59m shares.
The bronze today went to XIJ Information Technology which gained 0.99% to 437.70 points. The sector was led by
- MYOB (MYO), +$0.035 (3.33%) to $1.085 on volume of 578,000 shares;
- Vision Systems (VSL), +$0.025 (1.77%) to $1.435 on volume of 970,000 shares;
- Computershare (CPU), +$0.080 (1.19%) to $6.830 on volume of 1.2m shares;
- Baycorp Advantage (BCA), +$0.030 (0.83%) to $3.650 on volume of 794,000 shares; and
- ERG (ERG), -$0.000 (0%) to $0.185 on volume of 1.74m shares.
The worst-performed sector today was XEJ Energy which was flat for the session. It actually declined a weensy 0.4 points (near enough to zero in percentage terms, considering the index is at 10166). Still, since it declined I have to list the losers...
- Tap Oil (TAP), -$0.040 (1.46%) to $2.700 on volume of 1.05m shares;
- Arc Energy (ARQ), -$0.030 (1.45%) to $2.040 on volume of 950,000 shares;
- Woodside Petroleum (WPL), -$0.370 (1.13%) to $32.340 on volume of 1.32m shares;
- Oil Search (OSH), -$0.010 (0.28%) to $3.520 on volume of 4.67m shares; and
- Hardman Resources (HDR), -$0.000 (0%) to $2.190 on volume of 1.29m shares.
Just in front of last place on the sector table was XSJ Consumer Staples. It gained 0.19% so I'm not listing its major-mover components. So there.
Sector Indices
Code | GICS Sector | Close | +/- | % | Volume |
---|---|---|---|---|---|
XMJ | Materials | 8412.2 | 116 | 1.4% | 123.95m |
XNJ | Industrials | 5405.6 | 61.8 | 1.16% | 52.35m |
XIJ | Information Technology | 437.7 | 4.3 | 0.99% | 5.81m |
XTJ | Telecommunications | 1624 | 15.9 | 0.99% | 38.02m |
XXJ | ASX200 Financials ex Property Trusts | 5439.5 | 53.2 | 0.99% | 64.8m |
XUJ | Utilities | 5254.2 | 48.4 | 0.93% | 4.38m |
XFJ | Financials | 5324.9 | 46.8 | 0.89% | 132.54m |
XHJ | Healthcare | 5878.5 | 39.7 | 0.68% | 10.04m |
XPJ | Property Trusts | 1881.7 | 9.8 | 0.52% | 77.01m |
XDJ | Consumer Discretionary | 2345.4 | 6.1 | 0.26% | 79.56m |
XSJ | Consumer Staples | 5869.7 | 10.9 | 0.19% | 26.11m |
XEJ | Energy | 10166.5 | -0.4 | 0% | 17.52m |
All Ordinaries Major Movers
All Ords Volume Leaders
Code | Name | Close | +/- | % | Volume |
---|---|---|---|---|---|
TLS | Telstra Corporation | 4.48 | 0.04 | 0.9% | 33.77m |
BHP | BHP Billiton | 20.99 | 0.29 | 1.4% | 22.62m |
LHG | Lihir Gold | 1.63 | 0.06 | 3.82% | 21.12m |
NWS | News Corporation | 21.89 | 0.01 | 0.05% | 15.9m |
DYL | Deep Yellow | 0.13 | -0.02 | -10.71% | 15.81m |
DRT | DB Rreef Trust | 1.38 | 0.01 | 0.73% | 14.87m |
All Ords Percentage Gainers
Code | Name | Close | +/- | % | Volume |
---|---|---|---|---|---|
DOM | Dominion Mining | 0.48 | 0.05 | 10.47% | 400749 |
BGF | Ballarat Goldfields | 0.28 | 0.02 | 7.69% | 7.17m |
SPL | Starpharma Holdings | 0.46 | 0.03 | 6.98% | 114000 |
RSG | Resolute Mining | 1.11 | 0.07 | 6.25% | 582044 |
HIG | Highlands Pacific | 0.6 | 0.04 | 6.19% | 2.28m |
All Ords Percentage Decliners
Code | Name | Close | +/- | % | Volume |
---|---|---|---|---|---|
MXL | MXL | 0.092 | -0.008 | -8% | 1.91m |
CIY | City Pacific | 4.08 | -0.31 | -7.06% | 752086 |
AAU | Adcorp Australia | 0.75 | -0.05 | -5.66% | 88600 |
UNI | Unilife Medical Solutions | 0.55 | -0.03 | -5.17% | 97200 |
IGO | Independence Group | 1.46 | -0.07 | -4.58% | 703767 |
Elsewhere in the Region...
Regional Indices
Country | Name | Close | +/- | % | Volume |
---|---|---|---|---|---|
New Zealand | NZSE50 | 3434.877 | 19.19 | 0.56% | 40.42m |
Japan | Nikkei 225 | 12958.68 | -28.1 | -0.22% | 0 |
Korea | KOSPI | 1174.13 | 4.54 | 0.39% | 379989 |
Singapore | Straits Times | 2315.2 | -2.47 | -0.11% | 0 |
Hong Kong | Hang Seng | 14988.5 | -52.52 | -0.35% | 150.36m |
Malaysia | KLSE Comp | 921.12 | 1.47 | 0.16% | 0 |