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The broad market - the ASX All Ordinaries (XAO) - fell by 28.70 points (-0.62%), finishing at 4569.50 points. The index hit an intraday high of 4621.90 (at 10:30 a.m. - how typical) and its low of 4568.2 was set just minutes before the close. Sadly there was no opportunity to try and ride the SPI today - no valid signals means no entries: it's as simple as that.
Total volume traded on the ASX was 1.08 billion units, a solid 14.7% above its 10-day average. Of the 487 stocks in the index, 170 fell while 127 managed a gain. Volume was tilted in favour of the losers by a margin of 2.8:1, with 454.83million shares traded in losers while 161.84million shares traded in the day's gainers.
The Index that forms the cash basis for the SFE's Share Price Index Futures - the S&P/ASX 200 (XJO) - fell by 31.30 points (-0.67%), finishing at 4622.90 points.
The "heavy hitters" of the Australian market - the ASX 20 Leaders (XTL) - fell by 18.10 points (-0.72%), finishing at 2485.40 points. Within the index members, there were 3 that rose, and 17 losers. Total volume in rising issues within the ASX20 amounted to 32.07 while volume in the losers totalled 63.62m units.
The only three winners in the "big guns" were -
- Alumina (AWC), +$0.080 (1.27%) to $6.400 on volume of 6.32m shares;
- Woodside Petroleum (WPL), +$0.180 (0.54%) to $33.600 on volume of 1.85m shares; and
- Telstra Corporation (TLS), +$0.010 (0.25%) to $4.060 on volume of 23.9m shares.
The following stocks made up the biggest percentage losers in the big-guns:
- Macquarie Bank (MBL), -$1.640 (2.33%) to $68.680 on volume of 1.07m shares;
- QBE Insurance Group (QBE), -$0.36 (1.87%) to $18.85 on volume of 2.47m shares;
- Wesfarmers (WES), -$0.60 (1.6%) to $36.95 on volume of 2.09m shares;
- AMP Limited (AMP), -$0.12 (1.57%) to $7.53 on volume of 6.87m shares;
- Woolworths (WOW), -$0.27 (1.55%) to $17.20 on volume of 2.32m shares.
At the smaller end of the market's capitalisation scale, the ASX Small Ordinaries Index (XSO) rose by 0.60 points (0.02%), finishing at 2579.50 points. The major winners in the "pop-guns" were -
- Dragon Mining (DRA), +$0.010 (7.69%) to $0.140 on volume of 817,000 shares;
- Rebel Sport (REB), +$0.140 (5.47%) to $2.700 on volume of 61,000 shares; and
- Tap Oil (TAP), +$0.130 (5.22%) to $2.620 on volume of 1.08m shares; and
- Bendigo Mining (BDG), +$0.065 (5.2%) to $1.315 on volume of 1.72m shares; and
- Croesus Mining (CRS), +$0.015 (4.41%) to $0.355 on volume of 2.77m shares.
The losingest-little-guys for the session were (in order of decline):
- Emperor Mines (EMP), -$0.065 (13.83%) to $0.405 on volume of 632,000 shares;
- Institute Of Drug Technology Australia (IDT), -$0.160 (7.8%) to $1.890 on volume of 6,000 shares; and
- Redflex Holdings (RDF), -$0.260 (6.93%) to $3.490 on volume of 612,000 shares; and
- Metabolic Pharmaceuticals (MBP), -$0.030 (6.32%) to $0.445 on volume of 577,000 shares; and
- Progen Industries (PGL), -$0.120 (4.26%) to $2.700 on volume of 190,000 shares.
Index Changes
| Code | Name | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| XAO | All Ordinaries | 4569.5 | -28.7 | -0.62% | 715.71m |
| XTL | S&P/ASX 20 | 2485.4 | -18.1 | -0.72% | 0 |
| XFL | S&P/ASX 50 | 4530.4 | -33.5 | -0.73% | 202.29m |
| XTO | S&P/ASX 100 | 3755.7 | -27.5 | -0.73% | 508.36m |
| XJO | S&P/ASX 200 | 4622.9 | -31.3 | -0.67% | 588.84m |
| XKO | S&P/ASX 300 | 4615.3 | -30.5 | -0.66% | 0 |
| XMD | S&P/ASX Mid-Cap 50 | 4637.4 | -31.6 | -0.68% | 0 |
| XSO | S&P/ASX Small Ordinaries | 2579.5 | 0.6 | 0.02% | 138.15m |
All Ordinaries Market Internals
Market Breadth
| ASX20 | XTO | XJO | XAO | XSO | Market | |
|---|---|---|---|---|---|---|
| Advances | 3 | 21 | 59 | 127 | 67 | 450 |
| Declines | 17 | 67 | 109 | 170 | 80 | 512 |
| Advancing Volume | 32.07m | 69.18m | 104.58m | 161.84 | 66.32 | 378.59 |
| Declining Volume | 63.62m | 398.36m | 427.82m | 454.83 | 40.99 | 575.21 |
S&P/ASX200 GICS Sector Indices
The top sector for the day was XEJ Energy which gained 1.02% to 10260.10 points. The sector was helped by the continued strength in Woodside, but the biggest percentage gainers were
- Tap Oil (TAP), +$0.130 (5.22%) to $2.620 on volume of 1.08m shares;
- Hardman Resources (HDR), +$0.050 (2.81%) to $1.830 on volume of 10.47m shares;
- Australian Worldwide Exploration (AWE), +$0.045 (2.28%) to $2.020 on volume of 2.54m shares;
- Origin Energy (ORG), +$0.150 (2.19%) to $6.990 on volume of 2.85m shares; and
- Roc Oil Company (ROC), +$0.040 (1.66%) to $2.450 on volume of 938,000 shares.
Second in the sector leadership stakes was XUJ Utilities which gained 0.87% to 5430.60 points. The sector leaders were -
- Gasnet Australia Group (GAS), +$0.030 (1.13%) to $2.690 on volume of 314,000 shares;
- Alinta (ALN), +$0.120 (1.09%) to $11.100 on volume of 831,000 shares;
- Australian Pipeline Trust (APA), +$0.040 (1.08%) to $3.760 on volume of 112,000 shares;
- Australian Gas Light Company (AGL), +$0.160 (1.01%) to $15.960 on volume of 2.79m shares; and
- Envestra (ENV), +$0.005 (0.43%) to $1.155 on volume of 386,000 shares.
The bronze today went to XTJ Telecommunications which gained a paltry 0.20% to 1494.70 points. The sector was led by
- Telstra Corporation (TLS), +$0.010 (0.25%) to $4.060 on volume of 23.9m shares; and
- Telecom Corporation Of New Zealand (TEL), -$0.000 (0%) to $5.570 on volume of 3.13m shares.
The worst-performed sector today was XNJ Industrials which lost 1.11% to 5256.80 points. The sector was dragged lower by
- Transurban Group (TCL), -$0.160 (2.33%) to $6.700 on volume of 2.08m shares;
- Transfield Services (TSE), -$0.160 (2.04%) to $7.670 on volume of 154,000 shares;
- Adsteam Marine (ADZ), -$0.035 (1.84%) to $1.865 on volume of 76,000 shares;
- Patrick Corporation (PRK), -$0.120 (1.65%) to $7.150 on volume of 1.72m shares; and
- Patrick Corporation (PRK), -$0.120 (1.65%) to $7.150 on volume of 1.72m shares.
Just in front of last place on the sector table was XSJ Consumer Staples which lost 1.06% to 5934.80 points. The sector was pulled down by
- Woolworths (WOW), -$0.270 (1.55%) to $17.200 on volume of 2.32m shares;
- Coca-Cola Amatil (CCL), -$0.110 (1.4%) to $7.750 on volume of 1.55m shares;
- Ridley Corporation (RIC), -$0.015 (1.08%) to $1.380 on volume of 219,000 shares;
- Lion Nathan (LNN), -$0.070 (0.94%) to $7.390 on volume of 1.03m shares;
Sector Indices
| Code | GICS Sector | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| XEJ | Energy | 10260.1 | 103.7 | 1.02% | 27.78m |
| XUJ | Utilities | 5430.6 | 46.9 | 0.87% | 15.09m |
| XTJ | Telecommunications | 1494.7 | 3 | 0.2% | 27.03m |
| XIJ | Information Technology | 445.7 | 0 | 0% | 8.29m |
| XDJ | Consumer Discretionary | 2242.7 | -9.5 | -0.42% | 30.16m |
| XPJ | Property Trusts | 1872.8 | -9.5 | -0.5% | 53.73m |
| XHJ | Healthcare | 6259.2 | -37.8 | -0.6% | 10.45m |
| XMJ | Materials | 8619.2 | -68.3 | -0.79% | 299.2m |
| XFJ | Financials | 5494.7 | -45.1 | -0.81% | 96.81m |
| XXJ | ASX200 Financials ex Property Trusts | 5669.9 | -51.3 | -0.9% | 53.5m |
| XSJ | Consumer Staples | 5934.8 | -63.3 | -1.06% | 21.51m |
| XNJ | Industrials | 5256.8 | -58.8 | -1.11% | 46.34m |
All Ordinaries Major Movers
All Ords Volume Leaders
| Code | Name | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| OXR | Oxiana | 1.35 | -0.08 | -5.26% | 200.96m |
| TLS | Telstra Corporation | 4.06 | 0.01 | 0.25% | 23.9m |
| LHG | Lihir Gold | 2.22 | -0.02 | -0.89% | 14.31m |
| BHP | BHP Billiton | 21.67 | -0.04 | -0.18% | 11.43m |
| SYB | Symbion Group | 3.53 | 0.37 | 11.71% | 10.89m |
| HDR | Hardman Resources | 1.83 | 0.05 | 2.81% | 10.47m |
All Ords Percentage Gainers
| Code | Name | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| MFI | Mariner Financial | 1.05 | 0.15 | 16.67% | 109527 |
| TRY | Troy Resources | 3.06 | 0.25 | 8.9% | 91023 |
| ASL | Ausdrill | 0.84 | 0.06 | 7.69% | 592787 |
| DRA | Dragon Mining | 0.14 | 0.01 | 7.69% | 816890 |
| ABI | Ambri | 0.11 | 0.01 | 7.14% | 520500 |
All Ords Percentage Decliners
| Code | Name | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| VBA | Virgin Blue Holdings | 1.59 | -0.29 | -15.43% | 478217 |
| EMP | Emperor Mines | 0.41 | -0.07 | -13.83% | 632115 |
| QPX | QPSX | 0.055 | -0.005 | -8.33% | 1.02m |
| ADA | Adacel Technologies | 0.37 | -0.03 | -7.5% | 146533 |
| RDF | Redflex Holdings | 3.49 | -0.26 | -6.93% | 611574 |
Elsewhere in the Region...
Regional Indices
| Country | Name | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| New Zealand | NZSE50 | 3327.353 | -6.63 | -0.2% | 28.29m |
| Japan | Nikkei 225 | 14708.32 | 27.89 | 0.19% | 0 |
| Korea | KOSPI | 1244.5 | -24.3 | -1.92% | 502491 |
| Singapore | Straits Times | 2278.04 | -4.46 | -0.2% | 0 |
| Hong Kong | Hang Seng | 14885.65 | 0.08 | 0% | 186.51m |
| Malaysia | KLSE Comp | 902.54 | -3.7 | -0.41% | 0 |
