All Ords up modestly, adding 0.02%; volume above average and breadth favours the gainers by 1.5:1: sector indices mixed. The NZSE50 closed with a gain of 0.4% for the day. In Japan, the Nikkei225 has added 0.9% so far; Hong Kong's Hang Seng is down 0.2%.The KOSPI has added 0.4% for the session thus far.

I've babbled a couple of times now about the impending move to a new webhost. As time's gone on, I've been slowly moving stuff across to the new host and seeing what breaks.

The shift was driven by a concatentation of circumstances; the hosting plan I was on came up for renewal at the same time as there has been a significant degragation in some of the performance of the webhost. Also, the new host offered me a $10 deal for unlimited webspace, unlimited traffic.

Well, the documentation has all been sent in and the plans are afoot.

One hitch though, is that the current hosting arrangement expires on the 19th of August (10 a.m. Thursday, Strayan time); by that time I hope to have the full site functionality replicated on the new server.

At present it's at about 80%; the main difficulty is with the many cron jobs that populate the databases and write the generated portion of the Rants; the new host doesn't permit wget (which I gets used to call PHP scripts that have include() calls in them – a workaround when CLI doesn't work properly) – so about two dozen cron jobs have to be re-written in order to keep the databases up to date (otherwise I have to run everything on my home machine and upload it to the RantSpace… which is tedious but might be required as a stop gap).

But back to the expiration of the current hosting…

My NEW hosting is already in force, of course… but the domain name registration is linked to the old host. I got an e-mail from them today indicating that they would relinquish control over the domain name on the 23rd – this leaves a 4-day lacuna during which time the DNS register will point at the old host (although I was supposed to get a nexrtra month of free hosting to compensate me for downtime… we'll see if that happens).

So if you don't see the site when you visit on the morning of the 24th, you can't say you weren't warned…. coz I warneded you.

 

There was no economic data of note released in the region today.

Major Market Indices

The broad market – the All Ordinaries (XAO) – advanced modestly, rising 0.7 points (0.02%), finishing at 4503.9 points. The index hit an intraday high of 4523.7 at 10:15 am, while the low for the day was 4488.7 – set at 10:02 am Sydney time.

Total volume traded on the ASX was 2.11bn units, 10.7% above its 10-day average of 1.91bn shares.The ASX's daily listing of all stocks included 1410 different 3-letter FPO's which traded (i.e., had non-zero trade volume). Of these, 536 issues rose, with volume in rising issues totalling 942.4m units; there were 498 declining stocks, which traded aggregate declining volume of 727.3m shares.

Of the 497 All Ordinaries components, 192 rose while 180 fell. Volume was tilted in favour of the gainers by a margin of 1.5:1, with 636.79m shares traded in gainers while 438.58m shares traded in the day's losers.

The Index that forms the cash basis for the SPI Futures – the S&P/ASX 200 (XJO) – fell mildly, losing 2.1 points (0.05%), closing out the session at 4474.9 points.

GT Intraday Chart

Name Close +/-(%)
All Ordinaries 4503.90 0.70 (0.0%)
ASX 20 2700.00 -6.20 (0.2%)
ASX 50 4479.00 -3.50 (0.1%)
ASX 100 3656.00 -0.80 (0.0%)
ASX 200 4474.90 -2.10 (0.0%)
ASX 300 4468.20 -2.60 (0.1%)
ASX Mid-Cap 50 4052.60 16.60 (0.4%)
ASX Small Ordinaries 2436.60 -10.50 (0.4%)

The "heavy hitters" of the Australian market – the ASX 20 Leaders (XTL) – slid modestly, falling 6.2 points (0.23%), closing out the session at 2700 points.

Among the 20 big guns, 15 index components finished to the upside, and 5 lost ground. The stocks which make up the index traded a total of 261.09m units; 15 index components rose, with rising volume amounting to 104.37m shares, while the 5 decliners had volume traded totalling 60.95m units. The major percentage gainers within the index were

  • RIO Tinto Ltd (RIO), +$2.01 (2.81%) to $73.45 on volume of 5.7 million shares;
  • Westfield Group (WDC), +$0.27 (2.2%) to $12.57 on volume of 31.2 million shares;
  • Wesfarmers Ltd (WES), +$0.56 (1.79%) to $31.80 on volume of 2.1 million shares;
  • Westpac Banking Corp (WBC), +$0.29 (1.27%) to $23.05 on volume of 7.8 million shares; and
  • Macquarie Group Ltd (MQG), +$0.48 (1.25%) to $38.90 on volume of 1.1 million shares.

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

  • BHP Billiton Ltd (BHP), -$1.78 (4.43%) to $38.42 on volume of 43.4 million shares;
  • CSL Ltd (CSL), -$0.88 (2.68%) to $31.90 on volume of 4.8 million shares;
  • Newcrest Mining Ltd (NCM), -$0.23 (0.65%) to $35.01 on volume of 2.9 million shares;
  • AMP Ltd (AMP), -$0.03 (0.56%) to $5.32 on volume of 4.8 million shares; and
  • QBE Insurance Group Ltd (QBE), -$0.08 (0.47%) to $16.92 on volume of 5.1 million shares.

The ASX Small Ordinaries (XSO) The small end of the market had significantly worse day than its large-cap counterpart. The Small Ords slid modestly, falling 10.5 points (0.43%), closing out the session at 2436.6 points.

Among the stocks that make up the Small Caps index, 79 index components finished to the upside, and of the rest, 99 closed lower for the session.

The 235 stocks which make up the index traded a total of 661.52m units: volume in the 79 gainers totalling 281.09m shares, with trade totalling 237.43m units in the index's 99 declining components. The major percentage gainers within the index were

  • Arafura Resources Ltd (ARU), +$0.12 (16.11%) to $0.87 on volume of 3.9 million shares;
  • Minemakers Ltd (MAK), +$0.05 (15%) to $0.35 on volume of 3.4 million shares;
  • Elders Ltd (ELD), +$0.06 (10.71%) to $0.62 on volume of 36.2 million shares;
  • PMP Ltd (PMP), +$0.06 (9.76%) to $0.68 on volume of 86.9 thousand shares; and
  • Moly Mines (MOL), +$0.05 (6.43%) to $0.75 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):

  • Photon Group (PGA), -$0.89 (87.25%) to $0.13 on volume of 45.4 million shares;
  • Cudeco Ltd (CDU), -$2.34 (48.85%) to $2.45 on volume of 16.4 million shares;
  • Reverse Corp (REF), -$0.04 (21.21%) to $0.13 on volume of 202.7 thousand shares;
  • Gunns Ltd (GNS), -$0.07 (9.29%) to $0.64 on volume of 9.4 million shares; and
  • APN News & Media Ltd (APN), -$0.18 (8.54%) to $1.88 on volume of 13.1 million shares.

 

Index Changes
Code Name Close +/- % Volume
XAO All Ordinaries 4503.9 0.7 0.02 1347.5m
XFL ASX 50 4479 -3.5 -0.08 417.9m
XJO ASX 200 4474.9 -2.1 -0.05 1121.9m
XKO ASX 300 4468.2 -26 -0.06 1302.9m
XMD ASX Mid-Cap 50 4052.6 16.6 0.41 320.2m
XSO ASX Small Ordinaries 2436.6 -10.5 -0.43 564.8m
XTL ASX 20 2700 -6.2 -0.23 247.3m
XTO ASX 100 3656 -0.8 -0.02 738.1m
Market Breadth
  ASX20 XTO XJO XAO XSO Market
Advances 15 57 116 193 79 536
Declines 5 39 91 182 99 498
Advancing Volume 104.4m 396.1m 759.2m 639.9m 281.1m 942.4m
Declining Volume 60.9m 217.8m 357.8m 438.9m 237.4m 727.3m
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 Property Trusts (XPJ), which added 13.3 points (1.55%) to 873.8 points. The 16 stocks which make up the index traded a total of 175.63m units; 12 index components rose, with rising volume amounting to 173m shares, while the sole declining stock traded 0.36m units. The major percentage gainers within the index were

  • Bunnings Warehouse Prop Trust (BWP), +$0.05 (2.63%) to $1.95 on volume of 428.5 thousand shares;
  • Westfield Group (WDC), +$0.27 (2.2%) to $12.57 on volume of 31.2 million shares;
  • ING Industrial Fund (IIF), +$0.01 (2.2%) to $0.47 on volume of 16 million shares;
  • Dexus Property Group (DXS), +$0.02 (1.86%) to $0.82 on volume of 35.3 million shares; and
  • GPT Group (GPT), +$0.05 (1.74%) to $2.92 on volume of 7.3 million shares.

Second in the index leadership stakes was Consumer Staples (XSJ), which gained 91.2 points (1.19%) to 7778.1 points. The 11 stocks which make up the index traded a total of 112.23m units; 8 index components rose, with rising volume amounting to 104.6m shares, while the sole declining stock traded 1.78m units. The major percentage gainers within the index were

  • Elders Ltd (ELD), +$0.06 (10.71%) to $0.62 on volume of 36.2 million shares;
  • Graincorp Ltd A (GNC), +$0.28 (4.31%) to $6.78 on volume of 2.6 million shares;
  • Australian Agricultural Co (AAC), +$0.05 (3.18%) to $1.62 on volume of 1.2 million shares;
  • Wesfarmers Ltd (WES), +$0.56 (1.79%) to $31.80 on volume of 2.1 million shares; and
  • Viterra Inc (VTA), +$0.12 (1.31%) to $9.25 on volume of 8.5 thousand shares.

The bronze medal for today goes to Information Technology (XIJ), which climbed 5.1 points (0.89%) to 575 points. This index only contains 3 stocks; they traded a total of 3.69m units today. The lone rising index component had volume amounting to 3.37m shares, while the 2 decliners had volume traded totalling 0.32m units. The major percentage gainers within the index were

  • Computershare Ltd (CPU), +$0.18 (1.98%) to $9.27 on volume of 3.4 million shares.

The worst-performed index for the session was Materials (XMJ), which dipped 217.8 points (1.79%) to 11953 points. The 46 stocks which make up the index traded a total of 341.54m units; The 17 decliners had volume traded totalling 170.55m units, and 24 index components rose, with rising volume amounting to 143.53m shares, The major percentage decliners within the index were

  • Cudeco Ltd (CDU), -$2.34 (48.85%) to $2.45 on volume of 16.4 million shares;
  • Gunns Ltd (GNS), -$0.07 (9.29%) to $0.64 on volume of 9.4 million shares;
  • BHP Billiton Ltd (BHP), -$1.78 (4.43%) to $38.42 on volume of 43.4 million shares;
  • Minara Resources Ltd (MRE), -$0.03 (2.89%) to $0.84 on volume of 2.6 million shares; and
  • OneSteel Ltd (OST), -$0.09 (2.89%) to $3.02 on volume of 19.4 million shares.

Just missing out on the wooden spoon was Healthcare (XHJ), which slid 112.7 points (1.39%) to 7995.7 points. The 10 stocks which make up the index traded a total of 39.53m units; The 6 decliners had volume traded totalling 28.88m units, and 3 index components rose, with rising volume amounting to 6.52m shares, The major percentage decliners within the index were

  • ISOFT Group Ltd (ISF), -$0.01 (5.13%) to $0.19 on volume of 13.4 million shares;
  • Primary Health Care Ltd (PRY), -$0.13 (4.01%) to $3.11 on volume of 5.8 million shares;
  • Ramsay Health Care Ltd (RHC), -$0.46 (3.17%) to $14.04 on volume of 501.6 thousand shares;
  • CSL Ltd (CSL), -$0.88 (2.68%) to $31.90 on volume of 4.8 million shares; and
  • Ansell Ltd (ANN), -$0.14 (1.07%) to $12.98 on volume of 471.4 thousand shares.

Third-to-last amongst the sector indices was Consumer Discretionary (XDJ), which slid 8.7 points (0.57%) to 1507.8 points. The 23 stocks which make up the index traded a total of 62.03m units; The 14 decliners had volume traded totalling 45.61m units, and 6 index components rose, with rising volume amounting to 10.37m shares, The major percentage decliners within the index were

  • APN News & Media Ltd (APN), -$0.18 (8.54%) to $1.88 on volume of 13.1 million shares;
  • Pacific Brands Ltd (PBG), -$0.05 (4.95%) to $0.87 on volume of 3.8 million shares;
  • Fairfax Media Ltd (FXJ), -$0.05 (3.11%) to $1.40 on volume of 9.1 million shares;
  • TEN Network Hldgs (TEN), -$0.03 (1.5%) to $1.65 on volume of 4.1 million shares; and
  • Tatts Group Ltd (TTS), -$0.03 (1.22%) to $2.43 on volume of 5.3 million shares.
Sector Indices
Code GICS Sector Close +/- % Volume
XPJ Property Trusts 873.8 13.3 1.55 176m
XSJ Consumer Staples 7778.1 91.2 1.19 112m
XIJ Information Technology 575 5.1 0.89 4m
XEJ Energy 15056.7 124.3 0.83 126m
XXJ Financials ex Property Trusts 4988.5 31.5 0.64 58m
XNJ Industrials 3475.5 9.1 0.26 88m
XUJ Utilities 4248.8 3 0.07 13m
XTJ Telecommunications 1013.1 -0.1 -0.01 102m
XDJ Consumer Discretionary 1507.8 -8.7 -0.57 62m
XHJ Healthcare 7995.7 -112.7 -1.39 40m
XMJ Materials 11953 -217.8 -1.79 342m

All Ordinaries Major Movers

All Ords Volume Leaders
Code Name Close +/- % Volume
TLS Telstra Corp Ltd 2.96 0.00 0 95.8m
AOE Arrow Energy 4.68 0.00 0 66.9m
AWB AWB Ltd 1.45 0.01 0.7 53.7m
PGA Photon Group 0.13 -0.89 -87.25 45.4m
BHP BHP Billiton Ltd 38.42 -1.78 -4.43 43.4m
All Ords Percentage Gainers
Code Name Close +/- % Volume
BOC Bougainville Copper Ltd 0.90 0.15 20 130.3k
ARU Arafura Resources Ltd 0.87 0.12 16.11 3.9m
MAK Minemakers Ltd 0.35 0.05 15 3.4m
SST Steamships Trading Co Ltd 22.00 2.40 12.24 0.5k
OCP Oceania Capital Partners Ltd 1.69 0.18 11.55 16.3k
All Ords Percentage Losers
Code Name Close +/- % Volume
PGA Photon Group 0.13 -0.89 -87.25 45.4m
CDU Cudeco Ltd 2.45 -2.34 -48.85 16.4m
REF Reverse Corp Ltd 0.13 -0.04 -21.21 202.7k
WDS Walter Diversified Services Ltd 0.39 -0.04 -9.3 531.1k
GNS Gunns Ltd 0.64 -0.07 -9.29 9.4m