Note - from June 24th 2009, this blog has migrated from Blogger to a self-hosted version. Click here to go straight there.
Now that's more like it - tinkle... tick. Coffee (10 hours old), 1 cup: tick. Positioned in front of the PC: tick. Numbers looking as if something actually happened: tick.
All systems go. Confidence is high.
So anyhow, behold my nifty new little intraday RantChart... ain't it just the ginchiest li'l thang y'ever done see'd?
All Ords - Intraday Chart
OK, don't be so picky - I have not quite nailed the rendering of the times for the last hour of the previous sessiont. I'll put a line showing the prior close today, too. But it's mine, I builded it, and I is more than a little chuffed with it. It's going to be an input into a nifty gizmo I am writing which will appear in the left-hand column reasonably soon. (I don't like using applets and widgets from other people's sites... prefer to make my own so that I own the data and the tool itself).
In any case, you can see clearly that the high was set very early (US-following nuffnuffs on electronic platforms) and only a little bounce into the close prevented a test of 57-Picken (that's 5725 for those who are unaware of Collingwood's high flying low-socks key position uperstar of the 1970s).
The only eco data of note that I could find was Business Confidence from the NAB (calendars for Australia are not particularly good, so I'm building my own). It wasn't great - an uptick in the headline number but overall the index shows that businesses are feeling a little down in the dumps.
Diddums - it's probably because their unions (the various Chambers of Commerce) have told them that the Ruddy government is going to give the proletariat the keys to the executive waashroom, or some other such falderol... Cs of C are notoriously pro-Liberal (and why? If you're about commerce you ought to have equal disgust at both parties, who are both parasites upon commerce).
Major Market Indices
The broad market - the All Ordinaries (XAO) - slid pretty savagely, posting a loss of 131.8 points (2.24%), finishing at 5754.5 points. The index hit an intraday high of 5887.9 at 10:00 am, while the low for the day was 5737.3 - set at 15:07 pm - just look at the little chart above and you can see the path clearly..
Total volume traded on the ASX was 1.73 billion units, just 3% above its 10-day average. The ASX's daily listing of all stocks included 1356 different 3-letter FPO's which traded (i.e., had non-zero trade volume). Of these, 445 issues rose, with volume in rising issues totalling 849.9 million units. Conversely (or even contrariwise), 664 stocks were dragged below the Plimsoll line, with aggregate volume traded of 787.2 million shares.
Of the 480 All Ordinaries components, 146 rose while 283 fell. Volume was tilted in favour of the losers by a margin of 1.5:1, with 375.54 million shares traded in gainers while 561.55 million 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) - dipped pretty savagely,rather savagely, losing 143.8 points (2.45%), closing out the session at 5716.5 points. Here's a chart of it (looks a lot like the All Ords, which whould not be a surprise)...
ASX200 - Intraday Chart
The "heavy hitters" of the Australian market - the ASX 20 Leaders (XTL) - was taken to the woodshed somewhat, sliding 97 points (2.98%), closing out the session at 3161.3 points. Let's look at its chart... why the hell not.
Top 20 - Intraday Chart
Among the 20 big guns, only one component - CSL Limited (CSL) - kept its head off the chopping block.CSL managed to add $1.15 (3.29%) to close at $36.15 and traded 2.74 million shares in the process. The 21 stocks which make up the index traded a total of 152.9 million units; The lone rising index component had volume amounting to 2.74 million shares, while the 20 decliners had volume traded totalling 150.16 million units.
On the less salubrious side of the big-cap fence, the following stocks were the worst-performed within the index:
- Brambles Limited (BXB), -$0.77 (7.05%) to $10.15 on volume of 5.8 million shares;
- Stockland (SGP), -$0.46 (5.86%) to $7.39 on volume of 9 million shares;
- Rio Tinto Limited (RIO), -$6.06 (5.11%) to $112.44 on volume of 1.4 million shares;
- Macquarie Group Limited (MQG), -$3.41 (4.94%) to $65.61 on volume of 2 million shares; and
- Qbe Insurance Group Limited (QBE), -$1.41 (4.67%) to $28.80 on volume of 3.8 million shares.
At the other end of the market-cap spectrum lie the denizens of the ASX Small Ordinaries (XSO) - the place where non-mania excess returns lie, and where good analysis and stock-picking will yield pay dirt. The small end of the market , while still dropping overall, did significantly better than its large-cap counterpart. The Small Ords registered a loss of 48 points (1.42%), closing out the session at 3337 points. OK... here's its chart since you insist...
Small Ords - Intraday Chart
Among the stocks that make up the Small Caps index, 61 index components finished to the upside, and of the rest, 119 closed lower for the session.
The 192 stocks which make up the index traded a total of 328.76 million units: volume in the 61 gainers totalling 170.3 million shares, with trade totalling 144.98 million units in the index's 119 declining components. The major percentage gainers within the index were- Straits Resources Limited (SRL), +$0.81 (14.24%) to $6.50 on volume of 3.1 million shares;
- Industrea Limited (IDL), +$0.08 (13.64%) to $0.63 on volume of 5 million shares;
- Alliance Resources Limited (AGS), +$0.14 (13.3%) to $1.15 on volume of 493.4 thousand shares;
- Sylvania Resources Limited (SLV), +$0.29 (12.55%) to $2.60 on volume of 55.4 thousand shares; and
- Macarthur Coal Limited (MCC), +$0.87 (9.39%) to $10.14 on volume of 1.4 million shares.
In the red-zone of the little-stock index, the following list represents the biggest downers (in terms of percentage decline):
- Rubicon Europe Trust Group (REU), -$0.08 (15.79%) to $0.40 on volume of 1.4 million shares;
- Rubicon America Trust (RAT), -$0.09 (15.04%) to $0.48 on volume of 1.5 million shares;
- Roc Oil Company Limited (ROC), -$0.3 (11.54%) to $2.30 on volume of 3.4 million shares;
- Australand Property Group (ALZ), -$0.2 (9.39%) to $1.93 on volume of 1.1 million shares; and
- Aquarius Platinum Limited (AQP), -$1.1 (8.21%) to $12.30 on volume of 459.4 thousand shares.
Index Changes
| Code | Name | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| XAO | All Ordinaries | 5754.5 | -131.8 | -2.24 | 1911m |
| XFL | ASX 50 | 5558.7 | -157.5 | -2.76 | 732.2m |
| XJO | ASX 200 | 5716.5 | -143.8 | -2.45 | 1469.3m |
| XKO | ASX 300 | 5722 | -141.4 | -2.41 | 1762.5m |
| XMD | ASX Mid-Cap 50 | 5917.4 | -76.9 | -1.28 | 390.3m |
| XSO | ASX Small Ordinaries | 3337 | -48 | -1.42 | 640m |
| XTL | ASX 20 | 3161.3 | -97 | -2.98 | 298.1m |
| XTO | ASX 100 | 4634.2 | -120.4 | -2.53 | 1122.4m |
Market Breadth
| ASX20 | XTO | XJO | XAO | XSO | Market | |
|---|---|---|---|---|---|---|
| Advances | 1 | 22 | 22 | 145 | 61 | 445 |
| Declines | 20 | 74 | 75 | 283 | 119 | 664 |
| Advancing Volume | 2.7m | 158.4m | 158.4m | 369m | 170.3m | 849.9 million |
| Declining Volume | 150.2m | 399.8m | 401.1m | 561.6m | 145m | 787.2 million |
GICS Industry Indices
Among the 11 industry indices, today's market action was dominated by sectoral declines - only one sector managed a gain for the day.
The only index to gain was Healthcare (XHJ), which added 121.4 points (1.31%) to 9364.5 points. The 9 stocks which make up the index traded a total of 12.62 million units; 4 index components rose, with rising volume amounting to 7.55 million shares, while the 4 decliners had volume traded totalling 1.99 million units. The major percentage gainers within the index were
- Sigma Pharmaceuticals Ltd (SIP), +$0.06 (3.62%) to $1.58 on volume of 2.7 million shares;
- CSL Limited (CSL), +$1.15 (3.29%) to $36.15 on volume of 2.7 million shares;
- ResMed Inc. (RMD), +$0.12 (2.34%) to $5.25 on volume of 1.5 million shares; and
- Ansell Limited (ANN), +$0.08 (0.7%) to $11.47 on volume of 593.8 thousand shares.
The worst-performed index for the session was Information Technology (XIJ), which dipped 23 points (4.64%) to 473 points. The 2 stocks which make up the index traded a total of 1.65 million units...
- Computershare Limited (CPU), -$0.39 (4.57%) to $8.15 on volume of 1.4 million shares; and
- Iress Market Technology Limited (IRE), -$0.1 (1.49%) to $6.60 on volume of 216.9 thousand shares.
Just missing out on the wooden spoon was Property Trusts (XPJ), which slid 70.3 points (3.69%) to 1835.5 points. The 20 stocks which make up the index traded a total of 228.04 million units; The 16 decliners had volume traded totalling 98.16 million units, and 4 index components rose, with rising volume amounting to 129.88 million shares, The major percentage decliners within the index were
- Macquarie Office Trust (MOF), -$0.08 (6.12%) to $1.15 on volume of 9 million shares;
- Bunnings Warehouse Property Trust (BWP), -$0.13 (5.96%) to $2.05 on volume of 324.6 thousand shares;
- Stockland (SGP), -$0.46 (5.86%) to $7.39 on volume of 9 million shares;
- ING Office Fund (IOF), -$0.08 (5.38%) to $1.32 on volume of 5.4 million shares; and
- Macquarie Countrywide Trust (MCW), -$0.09 (5.28%) to $1.53 on volume of 6.9 million shares.
Third-to-last amongst the sector indices was ASX200 Financials ex Property Trusts (XXJ), which slid 207.8 points (3.12%) to 6454.8 points. The 28 stocks which make up the index traded a total of 82.04 million units; The 23 decliners had volume traded totalling 72.26 million units, and 5 index components rose, with rising volume amounting to 9.77 million shares, The major percentage decliners within the index were
- Australand Property Group (ALZ), -$0.2 (9.39%) to $1.93 on volume of 1.1 million shares;
- Babcock & Brown Limited (BNB), -$1.55 (7.58%) to $18.90 on volume of 5 million shares;
- City Pacific Limited (CIY), -$0.2 (5.92%) to $3.18 on volume of 373 thousand shares;
- Insurance Australia Group Limited (IAG), -$0.2 (4.95%) to $3.84 on volume of 8.7 million shares; and
- Macquarie Group Limited (MQG), -$3.41 (4.94%) to $65.61 on volume of 2 million shares.
Sector Indices
| Code | GICS Sector | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| XHJ | Healthcare | 9364.5 | 121.4 | 1.31 | 13m |
| XDJ | Consumer Discretionary | 2414.5 | -18.6 | -0.76 | 42m |
| XUJ | Utilities | 6009.4 | -86.7 | -1.42 | 42m |
| XSJ | Consumer Staples | 8146.3 | -144 | -1.74 | 27m |
| XEJ | Energy | 13705 | -290.2 | -2.07 | 53m |
| XTJ | Telecommunications | 1576.2 | -38.2 | -2.37 | 65m |
| XMJ | Materials | 13595.5 | -330.2 | -2.37 | 132m |
| XNJ | Industrials | 5827.9 | -152.2 | -2.55 | 65m |
| XXJ | ASX200 Financials ex Property Trusts | 6454.8 | -207.8 | -3.12 | 82m |
| XPJ | Property Trusts | 1835.5 | -70.3 | -3.69 | 228m |
| XIJ | Information Technology | 473 | -23 | -4.64 | 2m |
All Ordinaries Major Movers
All Ords Volume Leaders
| Code | Name | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| CNP | Centro Properties Group | 0.64 | 0.02 | 2.4 | 98.6m |
| SBM | St Barbara Limited | 0.83 | 0.06 | 7.84 | 91.1m |
| TLS | Telstra Corporation Limited. | 4.47 | -0.10 | -2.19 | 47m |
| HER | Herald Resources Limited | 2.47 | 0.28 | 12.79 | 22.4m |
| CER | Centro Retail | 0.47 | 0.02 | 4.44 | 21.5m |
All Ords Percentage Gainers
| Code | Name | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| CPK | CP1 Limited | 0.51 | 0.08 | 18.82 | 286.9k |
| SRL | Straits Resources Limited | 6.50 | 0.81 | 14.24 | 3.1m |
| IDL | Industrea Limited | 0.63 | 0.08 | 13.64 | 5m |
| AGS | Alliance Resources Limited | 1.15 | 0.14 | 13.3 | 493.4k |
| CAA | Capral Aluminium Limited | 0.35 | 0.04 | 12.9 | 57.6k |
All Ords Percentage Losers
| Code | Name | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| AXQ | Allco Max Securities And Mortgage Trust | 0.33 | -0.08 | -18.75 | 959.9k |
| REU | Rubicon Europe Trust Group | 0.40 | -0.08 | -15.79 | 1.4m |
| RAT | Rubicon America Trust | 0.48 | -0.09 | -15.04 | 1.5m |
| PSD | Psivida Limited | 0.09 | -0.02 | -14.29 | 1.9m |
| ROC | Roc Oil Company Limited | 2.30 | -0.30 | -11.54 | 3.4m |
