Market Movers In A Minute

By Christopher Hall | More Articles by Christopher Hall

Here are the Top 5 and Bottom 5 from ‘The Market’ (ASX Top 200) this week.

The Market (XJO) is up 2.17% this fortnight
Top 5
Rank Code Description Two week performance
1 NCM Newcrest Mining 10.05%
2 SYD SYD Airport 9.86%
3 RHC Ramsay Health Care 8.96%
4 SGP Stockland 8.69%
5 LLC Lendlease Group 8.42%
Bottom 5
Rank Code Description Two week performance
46 WPL Woodside Petroleum -6.58%
47 ORI Orica Limited -7.12%
48 RIO Rio Tinto Limited -9.24%
49 STO Santos Ltd -9.66%
50 BHP BHP Billiton Limited -11.18%

Company News behind the Moves:

Positive:

• NCM – Renew bank lending facility
• SYD – Completed US$900m bond issue
• SGP – Reaffirms target earnings growth
• LLC – Plans US dollar bond offering

Negative:

• ORI – downgraded outlook citing that conditions "deteriorated markedly" across the mining industry throughout January and February
• STO – AGM
• BHP – $US43 Samarco claim for Brazil dam disaster

About Christopher Hall

Christopher is head of equites at Spring Financial Group. Christopher has over 10 years' experience managing equities desks with thousands of retail clients and responsibility for maintaining and servicing retail and wholesale relationships.

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