Note - from June 24th 2009, this blog has migrated from Blogger to a self-hosted version. Click here to go straight there.
No prefatory witticisms today - just the data. Two reasons: (1) I just discovered I've got a very urgent task for the subscription site that I have to be getting on with (even without online access - I have an offline copy of the entire filesystem); and (2) the 'F' key of my keyboard keeps sticking, and the mood I am in at the moment I would be making very liberal use of that key.
Major Market Indices
The broad market - the All Ordinaries (XAO) - declined gently, dropping 40.4 points (0.84%), finishing at 4774.1 points. The index hit an intraday high of 4843 just after 10:30 a.m., while the low for the day was set after the close (at settlement).
Total volume traded on the ASX was a tawdry 949.9m units, 39.9% below its 10-day average. The ASX's daily listing of all stocks included 1220 different 3-letter FPO's which traded (i.e., had non-zero trade volume). Of these, 383 issues rose, with volume in rising issues totalling 340.1m units; decliners numbered 577 counters, and between them they traded aggregate declining volume of 501.8m shares.
Of the 496 All Ordinaries components, 141 rose while 272 fell. Volume was tilted in favour of the losers by a margin of 1.4:1, with 272.7m shares traded in gainers while 376.07m 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) - fell mildly, losing 33.5 points (0.7%), closing out the session at 4761.1 points.
| Name | Close | +/-(%) |
|---|---|---|
| All Ordinaries | 4774.10 | -40.40 (0.8%) |
| ASX 20 | 2756.20 | -8.80 (0.3%) |
| ASX 50 | 4713.20 | -19.90 (0.4%) |
| ASX 100 | 3890.40 | -20.30 (0.5%) |
| ASX 200 | 4761.10 | -33.50 (0.7%) |
| ASX 300 | 4748.30 | -33.10 (0.7%) |
| ASX Mid-Cap 50 | 4672.70 | -56.10 (1.2%) |
| ASX Small Ordinaries | 2475.80 | -59.60 (2.4%) |
The "heavy hitters" of the Australian market - the ASX 20 Leaders (XTL) - slid modestly, falling just 8.8 points (0.32%), closing out the session at 2756.2 points.
Among the 20 big guns, 13 index components finished to the upside, and of the rest, 6 closed lower for the session. The 21 stocks which make up the index traded a total of 128.87m units; 13 index components rose, with rising volume amounting to 88.45m shares, while the 6 decliners had volume traded totalling 31.16m units. The major percentage gainers within the index were
- Suncorp-Metway (SUN), +$0.42 (4.37%) to $10.03 on volume of 4.8 million shares;
- Stockland (SGP), +$0.24 (4.32%) to $5.80 on volume of 8.6 million shares;
- Westfield Group (WDC), +$0.52 (2.96%) to $18.08 on volume of 4.5 million shares;
- Telstra Corporation (TLS), +$0.10 (2.34%) to $4.38 on volume of 40.6 million shares; and
- QBE Insurance Group (QBE), +$0.61 (2.31%) to $27.05 on volume of 4.1 million shares.
On the less salubrious side of the big-cap fence, the following stocks were the worst-performed within the index:
- Brambles (BXB), -$0.5 (6.11%) to $7.69 on volume of 5.2 million shares;
- Rio Tinto (RIO), -$3.75 (3.95%) to $91.25 on volume of 2.6 million shares;
- BHP Billiton (BHP), -$1.08 (3.3%) to $31.67 on volume of 11.4 million shares;
- Wesfarmers (WES), -$0.92 (3.12%) to $28.56 on volume of 1.3 million shares; and
- ANZ Banking Group (ANZ), -$0.32 (1.66%) to $18.98 on volume of 9.6 million shares.
The small end of the market - the ASX Small Ordinaries (XSO) - had a significantly worse day than its large-cap counterpart. The Small Ords was taken to the woodshed somewhat, sliding 59.6 points (2.35%), closing out the session at 2475.8 points.
Among the stocks that make up the Small Caps index, 50 index components finished to the upside, and of the rest, 137 closed lower for the session.
The 208 stocks which make up the index traded a total of 282.36m units: volume in the 50 gainers totalling 73.53m shares, with trade totalling 137.31m units in the index's 137 declining components. The major percentage gainers within the index were- Cape Lambert Iron Ore Ltd (CFE), +$0.11 (29.58%) to $0.46 on volume of 3.8 million shares;
- Record Realty (RRT), +$0.00 (25%) to $0.02 on volume of 361.6 thousand shares;
- Perilya (PEM), +$0.05 (16.67%) to $0.32 on volume of 4.2 million shares;
- Marion Energy (MAE), +$0.07 (15.56%) to $0.52 on volume of 1.1 million shares; and
- Rubicon America Trust (RAT), +$0.00 (15.38%) to $0.03 on volume of 1.1 million shares.
In the red-zone of the little-stock index, the following list represents the biggest downers (in terms of percentage decline):
- Moly Mines (MOL), -$0.26 (22.57%) to $0.88 on volume of 694.2 thousand shares;
- FKP Property Group (FKP), -$0.71 (19.72%) to $2.89 on volume of 2.3 million shares;
- Resolute Mining (RSG), -$0.26 (19.62%) to $1.05 on volume of 338.8 thousand shares;
- Minara Resources (MRE), -$0.26 (15.79%) to $1.36 on volume of 2.5 million shares; and
- Gloucester Coal (GCL), -$1.36 (15.78%) to $7.26 on volume of 362.9 thousand shares.
Index Changes
| Code | Name | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| XAO | All Ordinaries | 4774.1 | -40.4 | -0.84 | 770m |
| XFL | ASX 50 | 4713.2 | -19.9 | -0.42 | 243.9m |
| XJO | ASX 200 | 4761.1 | -33.5 | -0.7 | 587.8m |
| XKO | ASX 300 | 4748.3 | -33.1 | -0.69 | 718.5m |
| XMD | ASX Mid-Cap 50 | 4672.7 | -56.1 | -1.19 | 196.9m |
| XSO | ASX Small Ordinaries | 2475.8 | -59.6 | -2.35 | 277.7m |
| XTL | ASX 20 | 2756.2 | -8.8 | -0.32 | 120.3m |
| XTO | ASX 100 | 3890.4 | -20.3 | -0.52 | 440.8m |
Market Breadth
| ASX20 | XTO | XJO | XAO | XSO | Market | |
|---|---|---|---|---|---|---|
| Advances | 13 | 36 | 55 | 141 | 50 | 383 |
| Declines | 6 | 57 | 138 | 272 | 137 | 577 |
| Advancing Volume | 88.5m | 191m | 245.2m | 272.7m | 73.5m | 340.1m |
| Declining Volume | 31.2m | 225.5m | 334.1m | 376.1m | 137.3m | 501.8m |
GICS Industry Indices
Among the 11 industry indices, 4 registered an advance for the session, the remaining 7 lost ground.
The best performing index was Property Trusts (XPJ), which added 35.4 points (2.5%) to 1451 points. The 21 stocks which make up the index traded a total of 122.04m units; 9 index components rose, with rising volume amounting to 74.12m shares, while the 10 decliners had volume traded totalling 26.01m units. The major percentage gainers within the index were
- GPT Group (GPT), +$0.13 (7.74%) to $1.81 on volume of 7.9 million shares;
- Mirvac Group (MGR), +$0.14 (5.43%) to $2.72 on volume of 7.7 million shares;
- APN/UKA European Retail Property Group (AEZ), +$0.01 (5.26%) to $0.20 on volume of 2.2 million shares;
- Centro Properties Group (CNP), +$0.00 (4.44%) to $0.09 on volume of 15.6 million shares; and
- Stockland (SGP), +$0.24 (4.32%) to $5.80 on volume of 8.6 million shares.
Second in the index leadership stakes was Telecommunications (XTJ), which gained 36.3 points (2.5%) to 1491.2 points. The 3 stocks which make up the index traded a total of 46.02m units; all 3 index components rose -
- Telecom Corporation Of New Zealand (TEL), +$0.10 (4.2%) to $2.48 on volume of 3.3 million shares;
- Telstra Corporation (TLS), +$0.10 (2.34%) to $4.38 on volume of 40.6 million shares; and
- Singapore Telecommunications (SGT), +$0.06 (2.14%) to $2.87 on volume of 2.1 million shares.
The bronze medal for today goes to Healthcare (XHJ), which climbed 104.6 points (1.11%) to 9493 points. The 9 stocks which make up the index traded a total of 6.24m units; 3 index components rose, with rising volume amounting to 3.51m shares, while the 5 decliners had volume traded totalling 2.39m units. The major percentage gainers within the index were
- Sonic Healthcare (SHL), +$0.33 (2.4%) to $14.06 on volume of 1.2 million shares;
- CSL (CSL), +$0.68 (1.75%) to $39.43 on volume of 994.2 thousand shares; and
- Sigma Pharmaceuticals Ltd (SIP), +$0.02 (1.17%) to $1.30 on volume of 1.3 million shares.
The worst-performed index for the session was Materials (XMJ), which dipped 345.8 points (3.05%) to 10983.4 points. The 45 stocks which make up the index traded a total of 120.7m units; The 34 decliners had volume traded totalling 102.34m units, and 8 index components rose, with rising volume amounting to 18.26m shares, The major percentage decliners within the index were
- Minara Resources (MRE), -$0.26 (15.79%) to $1.36 on volume of 2.5 million shares;
- Independence Group NL (IGO), -$0.28 (10.33%) to $2.43 on volume of 747.3 thousand shares;
- Lynas Corporation (LYC), -$0.08 (10.13%) to $0.71 on volume of 1.2 million shares;
- Panoramic Resources (PAN), -$0.15 (10.03%) to $1.30 on volume of 1 million shares; and
- Murchison Metals Ltd (MMX), -$0.12 (9.52%) to $1.14 on volume of 2.7 million shares.
Just missing out on the wooden spoon was Industrials (XNJ), which slid 107.4 points (2.35%) to 4468 points. The 32 stocks which make up the index traded a total of 103.53m units; The 23 decliners had volume traded totalling 79.5m units, and 8 index components rose, with rising volume amounting to 23.85m shares, The major percentage decliners within the index were
- Spotless Group (SPT), -$0.29 (8.24%) to $3.23 on volume of 115.8 thousand shares;
- Ausenco (AAX), -$0.69 (6.16%) to $10.51 on volume of 154.3 thousand shares;
- Brambles (BXB), -$0.5 (6.11%) to $7.69 on volume of 5.2 million shares;
- Boart Longyear (BLY), -$0.07 (5.98%) to $1.10 on volume of 31.9 million shares; and
- Transpacific Industries (TPI), -$0.37 (5.52%) to $6.33 on volume of 239.8 thousand shares.
Third-to-last amongst the sector indices was Energy (XEJ), which slid 288.4 points (1.74%) to 16280.3 points. The 19 stocks which make up the index traded a total of 32.8m units; The 15 decliners had volume traded totalling 24.24m units, and 3 index components rose, with rising volume amounting to 7.18m shares, The major percentage decliners within the index were
- Gloucester Coal (GCL), -$1.36 (15.78%) to $7.26 on volume of 362.9 thousand shares;
- Australian Worldwide Exploration (AWE), -$0.17 (6.44%) to $2.47 on volume of 2 million shares;
- Paladin Energy (PDN), -$0.26 (6.42%) to $3.79 on volume of 2.6 million shares;
- Roc Oil Company (ROC), -$0.06 (6%) to $0.94 on volume of 2.4 million shares; and
- Centennial Coal Company (CEY), -$0.22 (5.64%) to $3.68 on volume of 2.3 million shares.
Sector Indices
| Code | GICS Sector | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| XPJ | Property Trusts | 1451 | 35.4 | 2.5 | 122m |
| XTJ | Telecommunications | 1491.2 | 36.3 | 2.5 | 46m |
| XHJ | Healthcare | 9493 | 104.6 | 1.11 | 6m |
| XXJ | Financials ex Property Trusts | 5131.6 | 22.4 | 0.44 | 85m |
| XUJ | Utilities | 4776.5 | -15.8 | -0.33 | 38m |
| XIJ | Information Technology | 525 | -2.4 | -0.46 | 2m |
| XDJ | Consumer Discretionary | 1599.8 | -16.3 | -1.01 | 43m |
| XSJ | Consumer Staples | 7270.4 | -85.5 | -1.16 | 21m |
| XEJ | Energy | 16280.3 | -288.4 | -1.74 | 33m |
| XNJ | Industrials | 4468 | -107.4 | -2.35 | 104m |
| XMJ | Materials | 10983.4 | -345.8 | -3.05 | 121m |
All Ordinaries Major Movers
All Ords Volume Leaders
| Code | Name | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| ADY | Admiralty Resources NL | 0.05 | 0.00 | 0 | 53.7m |
| TLS | Telstra Corporation Limited. | 4.38 | 0.10 | 2.34 | 40.6m |
| BLY | Boart Longyear Limited | 1.10 | -0.07 | -5.98 | 31.9m |
| CNP | Centro Properties Group | 0.09 | 0.00 | 4.44 | 15.6m |
| SPN | Sp Ausnet | 1.10 | 0.01 | 0.46 | 14.6m |
All Ords Percentage Gainers
| Code | Name | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| CFE | Cape Lambert Iron Ore Ltd | 0.46 | 0.11 | 29.58 | 3.8m |
| RRT | Record Realty | 0.02 | 0.00 | 25 | 361.6k |
| CEG | CEC Group Limited | 0.34 | 0.07 | 24.07 | 96.2k |
| PEM | Perilya Limited | 0.32 | 0.05 | 16.67 | 4.2m |
| ARR | Arasor International Limited | 0.11 | 0.02 | 15.79 | 172.3k |
All Ords Percentage Losers
| Code | Name | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| MOL | Moly Mines Limited | 0.88 | -0.26 | -22.57 | 694.2k |
| FKP | FKP Property Group | 2.89 | -0.71 | -19.72 | 2.3m |
| RSG | Resolute Mining Limited | 1.05 | -0.26 | -19.62 | 338.8k |
| FAN | Fantastic Holdings Limited | 2.10 | -0.50 | -19.23 | 14k |
| CFU | Ceramic Fuel Cells Limited | 0.35 | -0.08 | -17.65 | 999.2k |
