The share market offers us endless investment opportunities which means there will always be winners and losers.
Here are the Top 5 and Bottom 5 from ‘The Market’ (ASX Top 200) this week.
The Market (XJO) up 1.39% This week | |||
Top 5 | |||
Rank | Code | Description | Two week performance |
1 | SHV | Select Harvests | 18.09% |
2 | CAB | Cabcharge Australia | 17.55% |
3 | S32 | South32 Limited | 16.11% |
4 | FMG | Fortescue Metals Grp | 13.54% |
5 | PRG | Programmed | 12.12% |
Bottom 5 | |||
Rank | Code | Description | Two week performance |
196 | TME | Trade Me Group | -6.67% |
197 | CTX | Caltex Australia | -7.68% |
198 | MSB | Mesoblast Limited | -8.75% |
199 | ISD | Isentia Group Ltd | -8.90% |
200 | API | Australian Pharm. | -9.63% |
Company News behind the Moves:
Positive:
S32 – upgraded to buy from UBS
FMG – In talks with Vale
Negative:
TME – Ex dividend (only accounts for about a third of the fall)
CTX – Ex dividend (only accounts for about a third of the fall)
MSB – Cut to Neutral from JP Morgan
ISD – Ex dividend (accounts for less than a quarter of the fall)