OzFlagAll Ords up modestly, adding 0.77%; volume above average and breadth favours the gainers by 1.6:1: one sector declines. The NZSE50 closed down 0.3% for the day. In Japan, the Nikkei225 is currently trading down 0.2% for the session; Hong Kong’s Hang Seng is showing a 0.6% gain.The KOSPI has added 0.5% for the session thus far.

The following economic data was released during the session:

  • Australia Manpower Survey for December 2010 was released in Australia; the outcome was 21% a gain of 1 from the prior reading of 20%
  • Reserve Bank of Australia Rate Decision for December 2010 was released in Australia; the result was 4.75% a drop of 0 from the prior reading of 4.75% – less than the consensus estimate of 4.75%.
  • Coincident Index for October P 2010 was released in Japan; the result was 100.7 declining 1.4 from the prior reading of 102.1 – less than the consensus estimate of 100.8.
  • Japan Manpower Survey for December 2010 was released in Japan; the outcome was 7% advancing 1 from the prior reading of 6%
  • Leading Index for October P 2010 was released in Japan; the series posted a reading of 97.2 a decline of 1.4 from the prior reading of 98.6 – less than expectations of 97.3.
  • New Zealand Manpower Survey for December 2010 was released in New Zealand; the outcome was 16% rising 1 from the prior reading of 15%

Major Market Indices

The broad market – the All Ordinaries (XAO) – advanced modestly, rising 36.6 points (0.77%), finishing at 4816 points. The index hit an intraday high of 4825.5 at 3:14 pm, while the low for the day was 4782.3 – set at 10:00 am Sydney time.

Total volume traded on the ASX was 2.46bn units, 15.4% above its 10-day average of 2.13bn shares.The ASX’s daily listing of all stocks included 1388 different 3-letter FPO’s which traded (i.e., had non-zero trade volume). Of these, 545 issues rose, with volume in rising issues totalling 956.8m units; there were 486 declining stocks, which traded aggregate declining volume of 936.3m shares.

Of the 497 All Ordinaries components, 207 rose while 141 fell. Volume was tilted in favour of the gainers by a margin of 1.6:1, with 582.41m shares traded in gainers while 367.96m 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 38.2 points (0.81%), closing out the session at 4726.8 points.

GT Intraday Chart

Name Close +/-(%)
All Ordinaries 4816.00 36.60 (0.8%)
ASX 20 2827.60 25.50 (0.9%)
ASX 50 4690.70 39.20 (0.8%)
ASX 100 3843.90 30.20 (0.8%)
ASX 200 4726.80 38.20 (0.8%)
ASX 300 4736.20 37.80 (0.8%)
ASX Mid-Cap 50 4392.90 16.20 (0.4%)
ASX Small Ordinaries 2802.40 26.40 (1.0%)

The “heavy hitters” of the Australian market – the ASX 20 Leaders (XTL) – advanced by under a percent, adding 25.5 points (0.91%), closing out the session at 2827.6 points.

Among the 20 big guns, 17 index components finished to the upside, and 3 lost ground. The stocks which make up the index traded a total of 138.48m units; 17 index components rose, with rising volume amounting to 89.73m shares, while the 3 decliners had volume traded totalling 43.55m units. The major percentage gainers within the index were

  • Wesfarmers Ltd (WES), +$0.53 (1.67%) to $32.21 on volume of 2.4 million shares;
  • RIO Tinto Ltd (RIO), +$1.34 (1.56%) to $87.34 on volume of 3 million shares;
  • Suncorp-Metway Ltd (SUN), +$0.14 (1.54%) to $9.24 on volume of 2.4 million shares;
  • BHP Billiton Ltd (BHP), +$0.55 (1.24%) to $45.08 on volume of 9 million shares; and
  • Westpac Banking Corp (WBC), +$0.26 (1.2%) to $21.94 on volume of 8 million shares.

On the less salubrious side of the big-cap fence, the following stocks were the worst-performed within the index:

  • QBE Insurance Group Ltd (QBE), -$0.2 (1.14%) to $17.32 on volume of 5.6 million shares;
  • Brambles Industries Ltd (BXB), -$0.03 (0.43%) to $6.89 on volume of 7.3 million shares; and
  • Telstra Corp Ltd (TLS), -$0.01 (0.36%) to $2.79 on volume of 30.6 million shares.

The ASX Small Ordinaries (XSO) The small end of the market performed broadly in line with its large-cap counterpart. The Small Ords advanced by under a percent, adding 26.4 points (0.95%), closing out the session at 2802.4 points.

Among the stocks that make up the Small Caps index, 109 index components finished to the upside, and of the rest, 73 closed lower for the session.

The 235 stocks which make up the index traded a total of 772.92m units: volume in the 109 gainers totalling 305.42m shares, with trade totalling 242.37m units in the index’s 73 declining components. The major percentage gainers within the index were

  • Flinders Mines Ltd (FMS), +$0.02 (14.29%) to $0.16 on volume of 60 million shares;
  • Platinum Australia Ltd (PLA), +$0.06 (11.96%) to $0.52 on volume of 14.7 million shares;
  • Oilex Ltd (OEX), +$0.04 (10.94%) to $0.36 on volume of 3.4 million shares;
  • Moly Mines (MOL), +$0.11 (10.58%) to $1.15 on volume of 22 million shares; and
  • Integra Mining Ltd (IGR), +$0.04 (6.9%) to $0.62 on volume of 7.6 million shares.

In the red-zone of the little-stock index, the following list represents the biggest downers (in terms of percentage decline):

  • RiverCity Motorway Group (RCY), -$0 (11.11%) to $0.01 on volume of 1.4 million shares;
  • Australian Pharmaceutical Ind (API), -$0.04 (7.69%) to $0.42 on volume of 3.1 million shares;
  • Mintails (MLI), -$0.01 (7.69%) to $0.12 on volume of 59.1 thousand shares;
  • MEO Australia Ltd (MEO), -$0.03 (5.66%) to $0.50 on volume of 16 million shares; and
  • HFA Holdings (HFA), -$0.01 (4.88%) to $0.20 on volume of 1.1 million shares.

Index Changes
Code Name Close +/- % Volume
XAO All Ordinaries 4816 36.6 0.77 1344.8m
XFL ASX 50 4690.7 39.2 0.84 294.7m
XJO ASX 200 4726.8 38.2 0.81 1060.8m
XKO ASX 300 4736.2 37.8 0.8 1291.4m
XMD ASX Mid-Cap 50 4392.9 16.2 0.37 325.7m
XSO ASX Small Ordinaries 2802.4 26.4 0.95 671m
XTL ASX 20 2827.6 25.5 0.91 130.9m
XTO ASX 100 3843.9 30.2 0.79 620.4m
Market Breadth
ASX20 XTO XJO XAO XSO Market
Advances 17 63 140 208 109 545
Declines 3 28 66 141 73 486
Advancing Volume 89.7m 295.7m 515.5m 582.5m 305.4m 956.8m
Declining Volume 43.5m 205.9m 417m 368m 242.4m 936.3m
GICS Industry Indices

Among the 11 industry indices, things were relatively upbeat: every sector bar one managed to keep its head above water.

The best performing index was Materials (XMJ), which added 164.3 points (1.19%) to 13960.1 points. The 46 stocks which make up the index traded a total of 324.99m units; 31 index components rose, with rising volume amounting to 158.06m shares, while the 10 decliners had volume traded totalling 65.72m units. The major percentage gainers within the index were

  • Platinum Australia Ltd (PLA), +$0.06 (11.96%) to $0.52 on volume of 14.7 million shares;
  • Panoramic Resources Ltd (PAN), +$0.14 (5.93%) to $2.50 on volume of 1.6 million shares;
  • Avoca Resources Ltd (AVO), +$0.17 (5.23%) to $3.42 on volume of 1.4 million shares;
  • Adelaide Brighton Ltd (ABC), +$0.15 (4.76%) to $3.30 on volume of 3.4 million shares; and
  • Mirabela Nickel Ltd (MBN), +$0.08 (4.06%) to $2.05 on volume of 3.9 million shares.

Second in the index leadership stakes was Consumer Staples (XSJ), which gained 77.5 points (1.01%) to 7725.8 points. The 11 stocks which make up the index traded a total of 43.07m units; 4 index components rose, with rising volume amounting to 10.9m shares, while the 5 decliners had volume traded totalling 14.89m units. The major percentage gainers within the index were

  • Graincorp Ltd A (GNC), +$0.22 (3.53%) to $6.45 on volume of 2.4 million shares;
  • Coca-Cola Amatil Ltd (CCL), +$0.20 (1.82%) to $11.16 on volume of 2.6 million shares;
  • Wesfarmers Ltd (WES), +$0.53 (1.67%) to $32.21 on volume of 2.4 million shares; and
  • Woolworths Ltd (WOW), +$0.21 (0.79%) to $26.69 on volume of 3.5 million shares.

The bronze medal for today goes to Financials ex Property Trusts (XXJ), which climbed 43 points (0.86%) to 5028.1 points. The 23 stocks which make up the index traded a total of 68.62m units; 15 index components rose, with rising volume amounting to 51.02m shares, while the 4 decliners had volume traded totalling 9.37m units. The major percentage gainers within the index were

  • Australand Property Group (ALZ), +$0.07 (2.41%) to $2.97 on volume of 937.3 thousand shares;
  • Bank Of Queensland Ltd (BOQ), +$0.25 (2.07%) to $12.31 on volume of 628.1 thousand shares;
  • Ioof Hldgs Ltd (IFL), +$0.15 (2.01%) to $7.61 on volume of 493.7 thousand shares;
  • Challenger Fin Ser (CGF), +$0.09 (1.93%) to $4.75 on volume of 3.2 million shares; and
  • Suncorp-Metway Ltd (SUN), +$0.14 (1.54%) to $9.24 on volume of 2.4 million shares.

The only declining index for the session was Telecommunications (XTJ), which dipped 4.7 points (0.49%) to 961.2 points. The 3 stocks which make up the index traded a total of 44.61m units; The 3 decliners had volume traded totalling 44.61m units, – none of the index components ended with a gain. The major percentage decliners within the index were

  • Telecom Corporation Of New Zealand Ltd (TEL), -$0.04 (2.06%) to $1.67 on volume of 7.4 million shares;
  • Singapore Telecommunications Ltd (SGT), -$0.01 (0.41%) to $2.42 on volume of 6.6 million shares; and
  • Telstra Corp Ltd (TLS), -$0.01 (0.36%) to $2.79 on volume of 30.6 million shares.
Sector Indices
Code GICS Sector Close +/- % Volume
XMJ Materials 13960.1 164.3 1.19 325m
XSJ Consumer Staples 7725.8 77.5 1.01 43m
XXJ Financials ex Property Trusts 5028.1 43 0.86 69m
XIJ Information Technology 619.2 4.6 0.75 2m
XNJ Industrials 3764.7 22.5 0.6 88m
XDJ Consumer Discretionary 1525.5 8.8 0.58 60m
XUJ Utilities 4444.5 23.7 0.54 22m
XEJ Energy 15984 73.1 0.46 118m
XPJ Property Trusts 848.8 3.6 0.43 229m
XHJ Healthcare 8846.6 15.3 0.17 61m
XTJ Telecommunications 961.2 -4.7 -0.49 45m

All Ordinaries Major Movers

All Ords Volume Leaders
Code Name Close +/- % Volume
IIF ING Industrial Fund 0.52 -0.01 -0.96 74.3m
AOE Arrow Energy 4.68 0.00 0 66.9m
FMS Flinders Mines Ltd 0.16 0.02 14.29 60m
LYC Lynas Corporation Ltd 1.51 0.00 0 47.5m
SDL Sundance Resources Ltd 0.38 -0.01 -1.3 45.2m
All Ords Percentage Gainers
Code Name Close +/- % Volume
VIR Viridis Clean Energy Group 0.01 0.00 18.18 39.7k
FMS Flinders Mines Ltd 0.16 0.02 14.29 60m
PLA Platinum Australia Ltd 0.52 0.06 11.96 14.7m
LNG Liquefied Natural Gas Ltd 0.62 0.07 11.82 1.8m
OEX Oilex Ltd 0.36 0.04 10.94 3.4m
All Ords Percentage Losers
Code Name Close +/- % Volume
RCY RiverCity Motorway Group 0.01 0.00 -11.11 1.4m
COZ CO2 Group Ltd 0.17 -0.02 -10.53 327.6k
API Australian Pharmaceutical Ind 0.42 -0.04 -7.69 3.1m
MLI Mintails Ltd 0.12 -0.01 -7.69 59.1k
MEO MEO Australia Ltd 0.50 -0.03 -5.66 16m