Thursday 20th Sept 2012 (Afternoon)

The ASX200 ended down 21 points today, following a negative reaction to the Chinese PMI figure that was released. Weak offshore leads had the market lower in the morning, however a lower than expected PMI figure drove stocks lover through the afternoon. The energy sector was hit the hardest today, coming off 2% on the back of falling oil prices, meanwhile, materials also headed lower, giving back some of their recent gains.

Volume and value were high today, given that it was options expiry today – 2,062,769,749 and $6,551,081,990 respectively.

Sector	Up	Down	Unchanged	Total
Industrials	228	228	166	622
Resources	156	203	141	500
Energy	54	75	56	185
Total	438	506	363	1307

If we look at today’s results from a sector view:

Security	Description	%	MktCap($)
XTJ	XJO 50 Telecoms	1.0494	$         53,548,570,575.02
XPJ	XJO A-REIT	0.5549	$         78,671,698,098.34
XSJ	XJO 30 Staples	0.1096	$         89,874,339,561.30
XHJ	XJO 35 HealthCare	0.0154	$         48,933,062,430.74
XIJ	XJO 45 Info Tech	-0.1178	$           7,774,191,047.27
XFJ	XJO 40 Financials	-0.1363	$      451,366,724,587.51
XUJ	XJO 55 Utilities	-0.1621	$         22,241,126,772.64
XXJ	XJO FinxREIT	-0.27	$      372,695,026,489.17
XNJ	XJO 20 Industrial	-0.3856	$         79,525,267,578.83
XDJ	XJO 25 Discretion	-0.461	$         56,119,703,779.83
XJO	S&P/ASX 200	-0.4792	$   1,146,173,142,388.20
XMJ	XJO 15 Materials	-1.3499	$      249,759,732,500.73
XEJ	XJO 10 Energy	-2.04	$         87,030,423,554.36

Once again, the Telecoms sector was up, against the grain of the market as a whole, with TPM, TLS and TEL all up over 1%.

The Winners on the ASX200 today were:

Security	Description	%	MktCap($)
BRU	Buru Energy	8.4871	$               680,297,110.24
GBG	Gindalbie Metals Ltd	4.1667	$               449,095,483.44
DJS	David Jones Limited	3.9823	$           1,194,761,656.00
CHC	Charter Hall Group	3.3457	$               803,089,603.49
SIP	Sigma Pharmaceutical	3.0303	$               782,960,323.20
IMD	Imdex Limited	2.4242	$               343,588,452.90
QAN	Qantas Airways	2.4096	$           2,820,078,906.90
AWC	Alumina Limited	2.2599	$           2,159,573,625.50
BLY	Boart Longyear	2.2581	$               714,803,288.60
FXJ	Fairfax Media Ltd	2.1978	$           1,070,139,854.88
OGC	OceanaGold Corp.	2.0408	$               773,291,665.44
BWP	BWP Trust	2.0202	$           1,056,618,664.20
ABP	Abacus Property Grp.	2.0202	$               880,844,750.28
SPN	SP AusNet	2	$           3,339,620,165.00

And the losers: (Clearly Outnumbering the winners)

Security	Description	%	MktCap($)
AQP	Aquarius Platinum.	-12.3457	$               383,009,582.16
GRY	Gryphon Minerals Ltd	-7.9787	$               327,369,084.02
BBG	Billabong	-7.2664	$               692,074,501.94
AGO	Atlas Iron Limited	-6.8249	$           1,524,218,973.21
LNC	Linc Energy Ltd	-6.4103	$               393,500,352.18
EGP	Echo Entertainment	-5.8537	$           3,385,258,193.00
SXY	Senex Energy Limited	-5.7971	$               786,417,037.53
MGX	Mount Gibson Iron	-5.4945	$               988,012,871.30
MAH	Macmahon Holdings	-4.6154	$               240,927,712.35
AUT	Aurora Oil & Gas	-4.2781	$           1,675,092,809.72
RMS	Ramelius Resources	-4.2553	$               158,040,766.03
AQA	Aquila Resources	-4.1522	$           1,190,114,837.38
PBG	Pacific Brands	-4.065	$               561,443,152.43
ILU	Iluka Resources	-4	$           4,710,380,816.25
SBM	St Barbara Limited	-3.653	$           1,068,882,228.63
BTU	Bathurst Resources	-3.6145	$               289,150,418.76
GNC	GrainCorp Limited	-3.5398	$           1,902,628,912.00
IGO	Independence Group	-3.4884	$           1,001,394,900.50
CPL	Coalspur Mines Ltd	-3.4247	$               453,132,826.27
BPT	Beach Energy Limited	-3.3835	$           1,670,724,403.46
SAR	Saracen Mineral	-3.3708	$               264,692,959.80
DCG	Decmil Group Limited	-3.3113	$               506,054,626.14
IAU	Intrepid Mines	-3.2609	$               254,711,968.66
STO	Santos Ltd	-3.2176	$         11,255,572,452.19
NVT	Navitas Limited	-3.0733	$           1,587,597,796.44
MML	Medusa Mining Ltd	-2.9874	$           1,201,428,873.96
ORG	Origin Energy	-2.9838	$         12,786,961,538.04
SUL	Super Ret Rep Ltd	-2.8536	$           1,582,845,456.66
PNA	PanAust Limited	-2.7864	$           1,952,857,983.85
BKN	Bradken Limited	-2.6316	$               964,671,773.40
NWH	NRW Holdings Limited	-2.6087	$               641,442,425.30
OZL	OZ Minerals	-2.4725	$           2,209,261,760.16
FMG	Fortescue Metals Grp	-2.439	$         11,4The ASX200 ended down 21 points today, following a negative reaction to the Chinese PMI figure that was released. Weak offshore leads had the market lower in the morning, however a lower than expected PMI figure drove stocks lover through the afternoon. The energy sector was hit the hardest today, coming off 2% on the back of falling oil prices, meanwhile, materials also headed lower, giving back some of their recent gains. Volume and value were high today, given that it was options expiry today – 2,062,769,749 and $6,551,081,990 respectively. Sector Up Down Unchanged Total Industrials 228 228 166 622 Resources 156 203 141 500 Energy 54 75 56 185 Total 438 506 363 1307 If we look at today’s results from a sector view: Security Description %  MktCap($) XTJ XJO 50 Telecoms 1.0494  $         53,548,570,575.02 XPJ XJO A-REIT 0.5549  $         78,671,698,098.34 XSJ XJO 30 Staples 0.1096  $         89,874,339,561.30 XHJ XJO 35 HealthCare 0.0154  $         48,933,062,430.74 XIJ XJO 45 Info Tech -0.1178  $           7,774,191,047.27 XFJ XJO 40 Financials -0.1363  $      451,366,724,587.51 XUJ XJO 55 Utilities -0.1621  $         22,241,126,772.64 XXJ XJO FinxREIT -0.27  $      372,695,026,489.17 XNJ XJO 20 Industrial -0.3856  $         79,525,267,578.83 XDJ XJO 25 Discretion -0.461  $         56,119,703,779.83 XJO S&P/ASX 200 -0.4792  $   1,146,173,142,388.20 XMJ XJO 15 Materials -1.3499  $      249,759,732,500.73 XEJ XJO 10 Energy -2.04  $         87,030,423,554.36 Once again, the Telecoms sector was up, against the grain of the market as a whole, with TPM, TLS and TEL all up over 1%. The Winners on the ASX200 today were: Security Description %  MktCap($) BRU Buru Energy 8.4871  $               680,297,110.24 GBG Gindalbie Metals Ltd 4.1667  $               449,095,483.44 DJS David Jones Limited 3.9823  $           1,194,761,656.00 CHC Charter Hall Group 3.3457  $               803,089,603.49 SIP Sigma Pharmaceutical 3.0303  $               782,960,323.20 IMD Imdex Limited 2.4242  $               343,588,452.90 QAN Qantas Airways 2.4096  $           2,820,078,906.90 AWC Alumina Limited 2.2599  $           2,159,573,625.50 BLY Boart Longyear 2.2581  $               714,803,288.60 FXJ Fairfax Media Ltd 2.1978  $           1,070,139,854.88 OGC OceanaGold Corp. 2.0408  $               773,291,665.44 BWP BWP Trust 2.0202  $           1,056,618,664.20 ABP Abacus Property Grp. 2.0202  $               880,844,750.28 SPN SP AusNet 2  $           3,339,620,165.00 And the losers: (Clearly Outnumbering the winners) Security Description %  MktCap($) AQP Aquarius Platinum. -12.3457  $               383,009,582.16 GRY Gryphon Minerals Ltd -7.9787  $               327,369,084.02 BBG Billabong -7.2664  $               692,074,501.94 AGO Atlas Iron Limited -6.8249  $           1,524,218,973.21 LNC Linc Energy Ltd -6.4103  $               393,500,352.18 EGP Echo Entertainment -5.8537  $           3,385,258,193.00 SXY Senex Energy Limited -5.7971  $               786,417,037.53 MGX Mount Gibson Iron -5.4945  $               988,012,871.30 MAH Macmahon Holdings -4.6154  $               240,927,712.35 AUT Aurora Oil & Gas -4.2781  $           1,675,092,809.72 RMS Ramelius Resources -4.2553  $               158,040,766.03 AQA Aquila Resources -4.1522  $           1,190,114,837.38 PBG Pacific Brands -4.065  $               561,443,152.43 ILU Iluka Resources -4  $           4,710,380,816.25 SBM St Barbara Limited -3.653  $           1,068,882,228.63 BTU Bathurst Resources -3.6145  $               289,150,418.76 GNC GrainCorp Limited -3.5398  $           1,902,628,912.00 IGO Independence Group -3.4884  $           1,001,394,900.50 CPL Coalspur Mines Ltd -3.4247  $               453,132,826.27 BPT Beach Energy Limited -3.3835  $           1,670,724,403.46 SAR Saracen Mineral -3.3708  $               264,692,959.80 DCG Decmil Group Limited -3.3113  $               506,054,626.14 IAU Intrepid Mines -3.2609  $               254,711,968.66 STO Santos Ltd -3.2176  $         11,255,572,452.19 NVT Navitas Limited -3.0733  $           1,587,597,796.44 MML Medusa Mining Ltd -2.9874  $           1,201,428,873.96 ORG Origin Energy -2.9838  $         12,786,961,538.04 SUL Super Ret Rep Ltd -2.8536  $           1,582,845,456.66 PNA PanAust Limited -2.7864  $           1,952,857,983.85 BKN Bradken Limited -2.6316  $               964,671,773.40 NWH NRW Holdings Limited -2.6087  $               641,442,425.30 OZL OZ Minerals -2.4725  $           2,209,261,760.16 FMG Fortescue Metals Grp -2.439  $         11,489,917,051.71 PDN Paladin Energy Ltd -2.4306  $           1,205,028,937.44 PRU Perseus Mining Ltd -2.3891  $           1,341,828,917.84 ALQ Als Ltd -2.3729  $           3,013,603,947.00 DML Discovery Metals Ltd -2.2556  $               643,447,214.34 WPL Woodside Petroleum -2.1614  $         28,589,699,797.90 RIO Rio Tinto Limited -2.1107  $         25,186,854,016.00 BLD Boral Limited -2.0672  $           2,935,674,181.80 AMP AMP Limited -2  $         13,027,190,310.00 Interesting result in the German PMI this afternoon – the figure is still below the magic 50 mark, indicating a contraction, but it was a consolation to see it up 3 points from last time. The Spanish 10 yr Bond Auction went off nicely, the rate was 5.67% (compared to 6.647% last auction), with rates lower in anticipation of a request to the ECB to purchase its debt. There was healthy demand for the bonds, with the volume bid 2.8 times over. Tonight the markets will be watching ·         The US Unemployment Claims number tonight (374k forecast) ·         US Flash Manufacturing PMI (51.6 Forecast) ·         Philly Fed Manufacturing Index (-4.1 Forecast)  89,917,051.71
PDN	Paladin Energy Ltd	-2.4306	$           1,205,028,937.44
PRU	Perseus Mining Ltd	-2.3891	$           1,341,828,917.84
ALQ	Als Ltd	-2.3729	$           3,013,603,947.00
DML	Discovery Metals Ltd	-2.2556	$               643,447,214.34
WPL	Woodside Petroleum	-2.1614	$         28,589,699,797.90
RIO	Rio Tinto Limited	-2.1107	$         25,186,854,016.00
BLD	Boral Limited	-2.0672	$           2,935,674,181.80
AMP	AMP Limited	-2	$         13,027,190,310.00

Interesting result in the German PMI this afternoon – the figure is still below the magic 50 mark, indicating a contraction, but it was a consolation to see it up 3 points from last time.

The Spanish 10 yr Bond Auction went off nicely, the rate was 5.67% (compared to 6.647% last auction), with rates lower in anticipation of a request to the ECB to purchase its debt. There was healthy demand for the bonds, with the volume bid 2.8 times over.

Tonight the markets will be watching

·         The US Unemployment Claims number tonight (374k forecast)

·         US Flash Manufacturing PMI (51.6 Forecast)

·         Philly Fed Manufacturing Index (-4.1 Forecast)