Don’t be ridiculous! the “Sky is not falling”, though you could be mistaken; the Top 5 and Bottom 5 – ASX Blue-Chips
It is interesting to see ‘what a difference a day makes’ – well 2 weeks is turning out to be an eternity in the stock market.
In the stock market we have to be vigilant. You’d be surprised, as I was, on how much of a difference the last two weeks can make between Blue-Chip shares on the ASX.
The first two weeks of the year have been choppy and volatile, at the minimum, for the ASX. The numbers are staggering we are seeing the biggest ‘Losers’ down over 20% in just a two week period.
Let’s have a look at the ASX Blue-chip Top Fifty Company’s winners and losers over the last fortnight.
Top 5 | |||
Rank | Code | Description | Two week performance |
1 | VCX | Vicinity Centres | 3.97% |
2 | SYD | SYD Airport | 2.94% |
3 | SHL | Sonic Healthcare | 1.67% |
4 | WFD | Westfield Corp | 1.49% |
5 | SCG | Scentre Grp | 0.73% |
Bottom 5 | |||
Rank | Code | Description | Two week performance |
46 | S32 | South32 Limited | -13.04% |
47 | IPL | Incitec Pivot | -13.14% |
48 | BHP | BHP Billiton Limited | -16.21% |
49 | ORG | Origin Energy | -20.91% |
50 | STO | Santos Ltd | -28.34% |
Winners and Losers’ Two-week chart:
For more insight into Winners, Losers and Market Leaders read the Week in Review.
To receive email alerts for articles and ASX announcements about these companies add these companies to Watchlist, or create your own Watchlist for free.