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Got back super-late, but I have my new undies now. It's very hard to do analysis properly if you're wearing uncomfortable jocks, and given the amount of grub I've been putting away lately (I've gained about 15kg in the last seven weeks) the old Rio under-duds are getting a tad grippy around the bum-al region.
now you might not think that you needed to know that, dearest Reader, but it is a critical piece of info.
Having your bum-cheeks squeezed permanently together as a result of overly-tight knickers results in only one thing - bum sweat.
Bum sweat is awful. It is uncomfortable, gives you a bum rash, and makes you feel like you've done a bit of diarrhoea poo in your undies. When you do go to the loo, there's a soggy wodge of undie there and it gets cold while you're on the loo and feels all icky if you pull them back up.
Plus I've got a Dreaded Lurgie: my throat is sore and my nose is runny and I have a headache and my throat is sore and my throat is sore. Very sore.
So I am feeling rather sorry for myself, it must be said. Too sorry to even point out that yet again 'fade the nuffies' worked (today the nuffies dived off a cliff at the open).
Let's get this over with before I start talking about bum sweat again (or even worse, before I start thinking about the mighty Stink Palm... too late).
Major Market Indices
The broad market - the All Ordinaries (XAO) - advanced modestly, rising 6.7 points (0.19%), finishing at 3521.7 points, closing at its high. The low for the day was 3473.2 - set at 11:17 am Sydney time.
Yet again, the market was soft at the open, but after the first hour and a bit it rallied and continued to rally for the whole day. In a world which is basically falling apart, there are still far too many would-be bottom pickers. Everybody gets all twitterpated whenever the media tells them that such-and-so a deal (one Japanese firm selling bits of itself to another Japanese firm, for example) is the best thing since sliced bread. Madness.
Total volume traded on the ASX was 2.37bn units, more than double its 10-day average of 1.12bn shares. I reckon that's a stuffup, but it's consistent across the indices.
The ASX's daily listing of all stocks included 1036 different 3-letter FPO's which traded (i.e., had non-zero trade volume). Of these, 387 issues rose, with volume in rising issues totalling 1.36bn units; there were 408 declining stocks, which traded aggregate declining volume of 769.4m shares.
Of the 488 All Ordinaries components, 198 rose while 205 fell. Volume was tilted in favour of the gainers by a margin of 1.9:1, with 1.31bn shares traded in gainers while 705.38m shares traded in the day's losers.
The Index that forms the cash basis for the SPI Futures - the S&P/ASX 200 (XJO) - posted a modest rise of 10.6 points (0.30%), closing out the session at 3581.2 points.
| Name | Close | +/-(%) |
|---|---|---|
| All Ordinaries | 3521.70 | 6.70 (0.2%) |
| ASX 20 | 2142.90 | -0.70 (0.0%) |
| ASX 50 | 3626.00 | 5.10 (0.1%) |
| ASX 100 | 2954.40 | 8.20 (0.3%) |
| ASX 200 | 3581.20 | 10.60 (0.3%) |
| ASX 300 | 3563.10 | 10.80 (0.3%) |
| ASX Mid-Cap 50 | 3225.20 | 42.10 (1.3%) |
| ASX Small Ordinaries | 1637.70 | 10.40 (0.6%) |
The "heavy hitters" of the Australian market - the ASX 20 Leaders (XTL) - slid modestly, falling 0.7 points (0.03%), closing out the session at 2142.9 points.
Among the 20 big guns, 12 index components finished to the upside, and 9 lost ground. The stocks which make up the index traded a total of 443.93m units; 12 index components rose, with rising volume amounting to 325.91m shares, while the 9 decliners had volume traded totalling 118.01m units. The major percentage gainers within the index were
- ANZ Banking Group (ANZ), +$0.57 (4.16%) to $14.27 on volume of 24 million shares;
- Telstra Corporation. (TLS), +$0.14 (3.93%) to $3.70 on volume of 130.1 million shares;
- Newcrest Mining (NCM), +$0.81 (2.74%) to $30.36 on volume of 5.1 million shares;
- National Australia Bank (NAB), +$0.50 (2.59%) to $19.82 on volume of 18.5 million shares; and
- Suncorp-Metway. (SUN), +$0.16 (2.21%) to $7.39 on volume of 12.1 million shares.
On the less salubrious side of the big-cap fence, the following stocks were the worst-performed within the index:
- Commonwealth Bank Of Australia (CBA), -$2.65 (9.09%) to $26.50 on volume of 24.7 million shares;
- Woodside Petroleum (WPL), -$2.19 (6.08%) to $33.81 on volume of 5.5 million shares;
- AMP (AMP), -$0.1 (1.89%) to $5.19 on volume of 18.4 million shares;
- Woolworths (WOW), -$0.4 (1.55%) to $25.35 on volume of 11.9 million shares; and
- QBE Insurance Group (QBE), -$0.3 (1.19%) to $25.00 on volume of 10.8 million shares.
The ASX Small Ordinaries (XSO) swam in the opposite direction to the big fish today. posted a gain despite weakness in the big-caps. The Small Ords advanced by under a percent, adding 10.4 points (0.64%), closing out the session at 1637.7 points.
Among the stocks that make up the Small Caps index, 84 index components finished to the upside, and of the rest, 106 closed lower for the session.
The 208 stocks which make up the index traded a total of 649.12m units: volume in the 84 gainers totalling 294.77m shares, with trade totalling 295.04m units in the index's 106 declining components. The major percentage gainers within the index were- Rubicon America Trust (RAT), +$0.002 (33.33%) to $0.006 on volume of 666.7 thousand shares;
- Mirvac Industrial Trust (MIX), +$0.04 (32%) to $0.17 on volume of 813.2 thousand shares;
- Macquarie DDR Trust (MDT), +$0.01 (28.57%) to $0.05 on volume of 17.4 million shares;
- Transpacific Industries (TPI), +$0.60 (26.67%) to $2.85 on volume of 3.3 million shares; and
- Energy World Corporation Ltd (EWC), +$0.05 (26.32%) to $0.24 on volume of 49.2 million shares.
In the red-zone of the little-stock index, the following list represents the biggest downers (in terms of percentage decline):
- Record Realty (RRT), -$0 (25%) to $0.01 on volume of 915.5 thousand shares;
- Centro Properties Group (CNP), -$0.02 (21.82%) to $0.09 on volume of 16.8 million shares;
- Emeco Holdings Ltd (EHL), -$0.07 (16.88%) to $0.32 on volume of 8 million shares;
- FKP Property Group (FKP), -$0.11 (16.03%) to $0.55 on volume of 3.1 million shares; and
- Centro Retail (CER), -$0.01 (14.94%) to $0.07 on volume of 22.5 million shares.
Index Changes
| Code | Name | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| XAO | All Ordinaries | 3521.7 | 6.7 | 0.19 | 2123.2m |
| XFL | ASX 50 | 3626 | 5.1 | 0.14 | 876.8m |
| XJO | ASX 200 | 3581.2 | 10.6 | 0.3 | 1984.8m |
| XKO | ASX 300 | 3563.1 | 10.8 | 0.3 | 2065.4m |
| XMD | ASX Mid-Cap 50 | 3225.2 | 42.1 | 1.32 | 563.2m |
| XSO | ASX Small Ordinaries | 1637.7 | 10.4 | 0.64 | 625.3m |
| XTL | ASX 20 | 2142.9 | -0.7 | -0.03 | 424.6m |
| XTO | ASX 100 | 2954.4 | 8.2 | 0.28 | 1440m |
Market Breadth
| ASX20 | XTO | XJO | XAO | XSO | Market | |
|---|---|---|---|---|---|---|
| Advances | 12 | 62 | 105 | 198 | 84 | 387 |
| Declines | 9 | 34 | 85 | 205 | 106 | 408 |
| Advancing Volume | 325.9m | 1.03b | 1.28b | 1.31b | 294.8m | 1.36bn |
| Declining Volume | 118m | 385.7m | 633.1m | 705.4m | 295m | 769.4m |
GICS Industry Indices
Among the 11 industry indices, 8 registered an advance for the session, the remaining 3 lost ground.
The best performing index was Telecommunications (XTJ), which added 42.2 points (3.48%) to 1253.8 points. This index only contains 3 stocks; they traded a total of 153.15m units today. The major percentage gainer within the index was the big gun...
- Telstra Corporation. (TLS), +$0.14 (3.93%) to $3.70 on volume of 130.1 million shares.
Second in the index leadership stakes was Property Trusts (XPJ), which gained 21.4 points (2.45%) to 894.7 points. The 21 stocks which make up the index traded a total of 508.71m units; 16 index components rose, with rising volume amounting to 396.96m shares, while the 4 decliners had volume traded totalling 94.89m units. The major percentage gainers within the index were
- Macquarie DDR Trust (MDT), +$0.01 (28.57%) to $0.05 on volume of 17.4 million shares;
- Macquarie Countrywide Trust (MCW), +$0.05 (20.45%) to $0.27 on volume of 18 million shares;
- Macquarie Office Trust (MOF), +$0.05 (20%) to $0.27 on volume of 47.2 million shares;
- Tishman Speyer Office Fund (TSO), +$0.01 (9.52%) to $0.12 on volume of 12.3 million shares; and
- Abacus Property Group (ABP), +$0.02 (8.33%) to $0.20 on volume of 10.7 million shares.
The bronze medal for today goes to Healthcare (XHJ), which climbed 156.3 points (2.01%) to 7920 points. The 9 stocks which make up the index traded a total of 32m units; 8 index components rose, with rising volume amounting to 29.14m shares, while the sole declining stock traded 2.86m units. The major percentage gainers within the index were
- Sigma Pharmaceuticals Ltd (SIP), +$0.07 (6.8%) to $1.10 on volume of 9.7 million shares;
- Ramsay Health Care (RHC), +$0.43 (4.71%) to $9.55 on volume of 1.1 million shares;
- Primary Health Care (PRY), +$0.18 (4.19%) to $4.48 on volume of 3 million shares;
- Cochlear (COH), +$1.25 (2.47%) to $51.81 on volume of 575.6 thousand shares; and
- Ansell (ANN), +$0.30 (2.42%) to $12.70 on volume of 2.2 million shares.
The worst-performed index for the session was Energy (XEJ), which dipped 348.3 points (2.78%) to 12169.3 points. The 19 stocks which make up the index traded a total of 90.83m units; The 10 decliners had volume traded totalling 62.01m units, and 6 index components rose, with rising volume amounting to 19.34m shares, The major percentage decliners within the index were
- Gloucester Coal (GCL), -$0.22 (7.36%) to $2.77 on volume of 874.5 thousand shares;
- Woodside Petroleum (WPL), -$2.19 (6.08%) to $33.81 on volume of 5.5 million shares;
- OIL Search (OSH), -$0.23 (4.87%) to $4.49 on volume of 11.1 million shares;
- Santos (STO), -$0.55 (3.75%) to $14.10 on volume of 6.4 million shares; and
- Arrow Energy (AOE), -$0.07 (3.04%) to $2.23 on volume of 6.7 million shares.
Just missing out on the wooden spoon was Consumer Staples (XSJ), which slid 64.4 points (1.09%) to 5838.4 points. The 13 stocks which make up the index traded a total of 102.21m units; The 8 decliners had volume traded totalling 78m units, and 4 index components rose, with rising volume amounting to 21.13m shares, The major percentage decliners within the index were
- Futuris Corporation (FCL), -$0.09 (11.81%) to $0.64 on volume of 13.5 million shares;
- Goodman Fielder (GFF), -$0.1 (8.13%) to $1.13 on volume of 19.2 million shares;
- Australian Agricultural Company. (AAC), -$0.1 (5.95%) to $1.58 on volume of 1.6 million shares;
- ABB Grain (ABB), -$0.36 (4.89%) to $7.00 on volume of 1.6 million shares; and
- AWB (AWB), -$0.05 (2%) to $2.45 on volume of 3.6 million shares.
Third-to-last amongst the sector indices was Financials ex Property Trusts (XXJ), which slid 11.4 points (0.31%) to 3723.3 points. The 27 stocks which make up the index traded a total of 225.24m units; The 11 decliners had volume traded totalling 93.17m units, and 14 index components rose, with rising volume amounting to 123.3m shares, The major percentage decliners within the index were
- FKP Property Group (FKP), -$0.11 (16.03%) to $0.55 on volume of 3.1 million shares;
- Commonwealth Bank Of Australia (CBA), -$2.65 (9.09%) to $26.50 on volume of 24.7 million shares;
- Babcock And Brown Capital (BCM), -$0.07 (5.83%) to $1.05 on volume of 1.7 million shares;
- HFA Holdings (HFA), -$0 (4%) to $0.10 on volume of 5.9 million shares; and
- Sunland Group (SDG), -$0.03 (4%) to $0.72 on volume of 1.9 million shares.
Sector Indices
| Code | GICS Sector | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| XTJ | Telecommunications | 1253.8 | 42.2 | 3.48 | 153m |
| XPJ | Property Trusts | 894.7 | 21.4 | 2.45 | 509m |
| XHJ | Healthcare | 7920 | 156.3 | 2.01 | 32m |
| XNJ | Industrials | 3184.2 | 62.4 | 2 | 246m |
| XDJ | Consumer Discretionary | 1122.7 | 17.1 | 1.55 | 105m |
| XUJ | Utilities | 4166.8 | 38.6 | 0.94 | 128m |
| XIJ | Information Technology | 396 | 1.1 | 0.28 | 5m |
| XMJ | Materials | 8689.8 | 21.1 | 0.24 | 411m |
| XXJ | Financials ex Property Trusts | 3723.3 | -11.4 | -0.31 | 225m |
| XSJ | Consumer Staples | 5838.4 | -64.4 | -1.09 | 102m |
| XEJ | Energy | 12169.3 | -348.3 | -2.78 | 91m |
All Ordinaries Major Movers
All Ords Volume Leaders
| Code | Name | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| TLS | Telstra Corporation. | 3.70 | 0.14 | 3.93 | 130.1m |
| GPT | GPT Group | 0.95 | 0.05 | 4.97 | 91.2m |
| PNA | PanAust Ltd | 0.10 | 0.01 | 5.26 | 52.8m |
| EWC | Energy World Corporation Ltd | 0.24 | 0.05 | 26.32 | 49.2m |
| MOF | Macquarie Office Trust | 0.27 | 0.05 | 20 | 47.2m |
All Ords Percentage Gainers
| Code | Name | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| RAT | Rubicon America Trust | 0.01 | 0.00 | 33.33 | 666.7k |
| NFK | Norfolk Group | 0.19 | 0.05 | 32.14 | 1.4m |
| MIX | Mirvac Industrial Trust | 0.17 | 0.04 | 32 | 813.2k |
| MDT | Macquarie DDR Trust | 0.05 | 0.01 | 28.57 | 17.4m |
| TPI | Transpacific Industries | 2.85 | 0.60 | 26.67 | 3.3m |
All Ords Percentage Losers
| Code | Name | Close | +/- | % | Volume |
|---|---|---|---|---|---|
| TCQ | Trinity Consolidated Group | 0.09 | -0.16 | -64.4 | 29.4m |
| MPF | Multiplex Acumen Property Fund | 0.09 | -0.13 | -59.52 | 975.7k |
| RRT | Record Realty | 0.01 | 0.00 | -25 | 915.5k |
| CKT | Challenger Kenedix Japan Trust | 0.30 | -0.09 | -23.08 | 59.7k |
| CNP | Centro Properties Group | 0.09 | -0.02 | -21.82 | 16.8m |
