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Aother 'In Brief' day... although I prefer boxers.
Major Market Indices
The broad market - the All Ordinaries (XAO) - dipped reasonably hard, registering a loss of 64.5 points (1.24%), finishing at 5130.5 points. The index hit an intraday high of 5213.7 at 10:32 am, while the low for the day was 5108.3 - set at 2:24 pm Sydney time.
Total volume traded on the ASX was 1.33bn units, 13.2% above its 10-day average. The ASX's daily listing of all stocks included 1332 different 3-letter FPO's which traded (i.e., had non-zero trade volume). Of these, 455 issues rose, with volume in rising issues totalling 568.9m units; decliners numbered 580 counters, and between them they traded aggregate declining volume of 629.9m shares.
Of the 491 All Ordinaries components, 169 rose while 245 fell. Volume was tilted in favour of the gainers by a margin of 1.1:1, with 504.17m shares traded in gainers while 478.41m 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) - registered a loss of 56 points (1.09%), closing out the session at 5060 points.
| Name | Close | +/-(%) |
|---|---|---|
| All Ordinaries | 5130.50 | -64.50 (1.2%) |
| ASX 20 | 2863.40 | -23.10 (0.8%) |
| ASX 50 | 4945.60 | -51.30 (1.0%) |
| ASX 100 | 4099.20 | -45.20 (1.1%) |
| ASX 200 | 5060.00 | -56.00 (1.1%) |
| ASX 300 | 5055.60 | -56.60 (1.1%) |
| ASX Mid-Cap 50 | 5058.70 | -75.50 (1.5%) |
| ASX Small Ordinaries | 2907.50 | -37.80 (1.3%) |
The "heavy hitters" of the Australian market - the ASX 20 Leaders (XTL) - slid modestly, falling 23.1 points (0.8%), closing out the session at 2863.4 points.
Among the 20 big guns, the decliners just edged out the gainers - 10 advancing components were only just edged out (in numerical terms) by the decliners. The 20 stocks which make up the index traded a total of 188.57m units; 10 index components rose, with rising volume amounting to 116.95m shares, while the 10 decliners had volume traded totalling 71.62m units. The major percentage gainers within the index were
- Foster's Group (FGL), +$0.12 (2.21%) to $5.56 on volume of 14.6 million shares;
- Wesfarmers (WES), +$0.70 (2.19%) to $32.60 on volume of 3.7 million shares;
- National Australia Bank (NAB), +$0.45 (1.81%) to $25.25 on volume of 13.4 million shares;
- Westfield Group (WDC), +$0.26 (1.47%) to $17.98 on volume of 9.2 million shares; and
- St George Bank (SGB), +$0.45 (1.46%) to $31.30 on volume of 2.3 million shares.
On the less salubrious side of the big-cap fence, the following stocks were the worst-performed within the index:
- Rio Tinto (RIO), -$7.45 (6.21%) to $112.52 on volume of 2.7 million shares;
- Woodside Petroleum (WPL), -$2 (3.42%) to $56.50 on volume of 3.1 million shares;
- BHP Billiton (BHP), -$1.34 (3.41%) to $37.95 on volume of 16 million shares;
- Stockland (SGP), -$0.14 (2.49%) to $5.49 on volume of 8.9 million shares; and
- Brambles (BXB), -$0.12 (1.51%) to $7.83 on volume of 5.9 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. The small end of the market had significantly worse day than its large-cap counterpart. The Small Ords registered a loss of 37.8 points (1.28%), closing out the session at 2907.5 points.
Among the stocks that make up the Small Caps index, 57 index components finished to the upside, and of the rest, 109 closed lower for the session.
The 194 stocks which make up the index traded a total of 262.29m units: volume in the 57 gainers totalling 84.57m shares, with trade totalling 156.25m units in the index's 109 declining components. The major percentage gainers within the index were- Babcock & Brown Power (BBP), +$0.02 (10.71%) to $0.16 on volume of 8.3 million shares;
- Australian Education Trust (AEU), +$0.05 (9.43%) to $0.58 on volume of 263.3 thousand shares;
- Emeco Holdings Ltd (EHL), +$0.09 (9.18%) to $1.07 on volume of 2.7 million shares;
- Rubicon America Trust (RAT), +$0.00 (8.33%) to $0.05 on volume of 461.1 thousand shares; and
- Ausdrill (ASL), +$0.15 (6%) to $2.65 on volume of 1 million shares.
In the red-zone of the little-stock index, the following list represents the biggest downers (in terms of percentage decline):
- Challenger Diversified Property Group (CDI), -$0.11 (14.29%) to $0.63 on volume of 2.8 million shares;
- Sylvania Resources (SLV), -$0.23 (14.11%) to $1.40 on volume of 25.2 thousand shares;
- Record Realty (RRT), -$0 (11.11%) to $0.03 on volume of 132.8 thousand shares;
- Admiralty Resources NL (ADY), -$0.02 (10%) to $0.14 on volume of 5.5 million shares; and
- Panoramic Resources (PAN), -$0.22 (9.78%) to $2.03 on volume of 1.6 million shares.
Index Changes
| Code | Name | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| XAO | All Ordinaries | 5130.5 | -64.5 | -1.24 | 1015.8m |
| XFL | ASX 50 | 4945.6 | -51.3 | -1.03 | 409.7m |
| XJO | ASX 200 | 5060 | -56 | -1.09 | 881.3m |
| XKO | ASX 300 | 5055.6 | -56.6 | -1.11 | 942m |
| XMD | ASX Mid-Cap 50 | 5058.7 | -75.5 | -1.47 | 269.9m |
| XSO | ASX Small Ordinaries | 2907.5 | -37.8 | -1.28 | 262.3m |
| XTL | ASX 20 | 2863.4 | -23.1 | -0.8 | 188.6m |
| XTO | ASX 100 | 4099.2 | -45.2 | -1.09 | 679.7m |
Market Breadth
| ASX20 | XTO | XJO | XAO | XSO | Market | |
|---|---|---|---|---|---|---|
| Advances | 10 | 50 | 86 | 169 | 57 | 455 |
| Declines | 10 | 50 | 106 | 245 | 109 | 580 |
| Advancing Volume | 117m | 401.8m | 474.6m | 504.2m | 84.6m | 568.9m |
| Declining Volume | 71.6m | 298.3m | 414.8m | 478.4m | 156.3m | 629.9m |
GICS Industry Indices
Among the 11 industry indices, 7 registered an advance for the session, the remaining 4 lost ground.
The best performing index was Information Technology (XIJ), which added 14.6 points (2.81%) to 535 points. The 2 stocks which make up the index traded a total of 2.25m units; 2 index components rose, with rising volume amounting to 2.25m shares, while sole declining stock traded 0m units. The major percentage gainers within the index were
- Computershare (CPU), +$0.29 (3.2%) to $9.34 on volume of 1.8 million shares; and
- Iress Market Technology (IRE), +$0.01 (0.15%) to $6.60 on volume of 417.7 thousand shares.
Second in the index leadership stakes was Consumer Staples (XSJ), which gained 87 points (1.19%) to 7423.1 points. The 12 stocks which make up the index traded a total of 42.33m units; 8 index components rose, with rising volume amounting to 37.17m shares, while the 4 decliners had volume traded totalling 5.16m units. The major percentage gainers within the index were
- ABB Grain (ABB), +$0.41 (5.04%) to $8.54 on volume of 387.1 thousand shares;
- Futuris Corporation (FCL), +$0.06 (4.1%) to $1.53 on volume of 4.1 million shares;
- AWB (AWB), +$0.07 (2.41%) to $2.97 on volume of 1.6 million shares;
- Foster's Group (FGL), +$0.12 (2.21%) to $5.56 on volume of 14.6 million shares; and
- Wesfarmers (WES), +$0.70 (2.19%) to $32.60 on volume of 3.7 million shares.
The bronze medal for today goes to Utilities (XUJ), which climbed 58.6 points (1.11%) to 5325.9 points. The 10 stocks which make up the index traded a total of 51.1m units; 6 index components rose, with rising volume amounting to 40.6m shares, while the 2 decliners had volume traded totalling 7.4m units. The major percentage gainers within the index were
- Babcock & Brown Power (BBP), +$0.02 (10.71%) to $0.16 on volume of 8.3 million shares;
- Babcock & Brown Infrastructure Group (BBI), +$0.03 (6.45%) to $0.50 on volume of 24 million shares;
- Hastings Diversified Utilities Fund (HDF), +$0.07 (2.85%) to $2.53 on volume of 383.8 thousand shares;
- Spark Infrastructure Group (SKI), +$0.02 (1.23%) to $1.64 on volume of 4.4 million shares; and
- AGL Energy (AGK), +$0.15 (0.97%) to $15.55 on volume of 1.8 million shares.
The worst-performed index for the session was Materials (XMJ), which dipped 596.5 points (4.41%) to 12937.7 points. The 42 stocks which make up the index traded a total of 221.81m units; The 36 decliners had volume traded totalling 208.38m units, and 4 index components rose, with rising volume amounting to 12.73m shares, The major percentage decliners within the index were
- Fortescue Metals Group Ltd (FMG), -$0.81 (10.19%) to $7.14 on volume of 17 million shares;
- Panoramic Resources (PAN), -$0.22 (9.78%) to $2.03 on volume of 1.6 million shares;
- PanAust Ltd (PNA), -$0.08 (9.47%) to $0.77 on volume of 8 million shares;
- Murchison Metals Ltd (MMX), -$0.22 (9.21%) to $2.17 on volume of 1.8 million shares; and
- Newcrest Mining (NCM), -$2.24 (9.02%) to $22.60 on volume of 6.3 million shares.
Just missing out on the wooden spoon was Energy (XEJ), which slid 660.5 points (3.66%) to 17410 points. The 17 stocks which make up the index traded a total of 47.45m units; The 17 decliners had volume traded totalling 47.45m units, and volume in the lone rising index component was 0m shares, The major percentage decliners within the index were
- Beach Petroleum (BPT), -$0.09 (7.73%) to $1.02 on volume of 7.1 million shares;
- Australian Worldwide Exploration (AWE), -$0.22 (6.45%) to $3.19 on volume of 2.6 million shares;
- Santos (STO), -$1.21 (6.24%) to $18.19 on volume of 4.8 million shares;
- Energy Resources Of Australia (ERA), -$1.2 (5.93%) to $19.05 on volume of 560.9 thousand shares; and
- Arrow Energy (AOE), -$0.16 (4.75%) to $3.21 on volume of 2.8 million shares.
Third-to-last amongst the sector indices was Healthcare (XHJ), which slid 97.8 points (0.99%) to 9737.5 points. The 8 stocks which make up the index traded a total of 13.47m units; The 6 decliners had volume traded totalling 6.27m units, and 2 index components rose, with rising volume amounting to 7.2m shares, The major percentage decliners within the index were
- Sonic Healthcare (SHL), -$0.33 (2.24%) to $14.39 on volume of 1.5 million shares;
- Healthscope (HSP), -$0.08 (1.8%) to $4.37 on volume of 1.3 million shares;
- CSL (CSL), -$0.5 (1.2%) to $41.00 on volume of 1.8 million shares;
- Ramsay Health Care (RHC), -$0.11 (1.02%) to $10.70 on volume of 494.7 thousand shares; and
- Ansell (ANN), -$0.1 (0.83%) to $11.92 on volume of 697.7 thousand shares.
Sector Indices
| Code | GICS Sector | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| XIJ | Information Technology | 535 | 14.6 | 2.81 | 2m |
| XSJ | Consumer Staples | 7423.1 | 87 | 1.19 | 42m |
| XUJ | Utilities | 5325.9 | 58.6 | 1.11 | 51m |
| XTJ | Telecommunications | 1509.5 | 16.3 | 1.09 | 58m |
| XPJ | Property Trusts | 1514.5 | 10.6 | 0.7 | 170m |
| XDJ | Consumer Discretionary | 1750.8 | 11.2 | 0.64 | 60m |
| XXJ | Financials ex Property Trusts | 5079.6 | 29.8 | 0.59 | 107m |
| XNJ | Industrials | 4915.9 | -11.4 | -0.23 | 133m |
| XHJ | Healthcare | 9737.5 | -97.8 | -0.99 | 13m |
| XEJ | Energy | 17410 | -660.5 | -3.66 | 47m |
| XMJ | Materials | 12937.7 | -596.5 | -4.41 | 222m |
All Ordinaries Major Movers
All Ords Volume Leaders
| Code | Name | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| TLS | Telstra Corporation Limited. | 4.41 | 0.06 | 1.38 | 45.6m |
| OZL | OZ Minerals Limited | 1.71 | -0.06 | -3.4 | 41m |
| VBA | Virgin Blue Holdings Limited | 0.56 | 0.05 | 8.82 | 25.1m |
| SDL | Sundance Resources Limited | 0.27 | -0.02 | -5.36 | 24.4m |
| BBI | Babcock & Brown Infrastructure Group | 0.50 | 0.03 | 6.45 | 24m |
All Ords Percentage Gainers
| Code | Name | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| BBP | Babcock & Brown Power | 0.16 | 0.02 | 10.71 | 8.3m |
| AEU | Australian Education Trust | 0.58 | 0.05 | 9.43 | 263.3k |
| EHL | Emeco Holdings Ltd | 1.07 | 0.09 | 9.18 | 2.7m |
| CUS | Customers Limited | 0.12 | 0.01 | 9.09 | 1.9m |
| TZL | TZ Limited | 3.90 | 0.32 | 8.94 | 1.1m |
All Ords Percentage Losers
| Code | Name | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| CDI | Challenger Diversified Property Group | 0.63 | -0.11 | -14.29 | 2.8m |
| SLV | Sylvania Resources Limited | 1.40 | -0.23 | -14.11 | 25.2k |
| RRT | Record Realty | 0.03 | 0.00 | -11.11 | 132.8k |
| FMG | Fortescue Metals Group Ltd | 7.14 | -0.81 | -10.19 | 17m |
| ADY | Admiralty Resources NL | 0.14 | -0.02 | -10 | 5.5m |
