Australian financial markets newsletter

AUSTR

BSS NEWS BITES ALERTS ISSUED FOR AUSTRALIAN MARKET ON FRIDAY 19 JANUARY 2018

NEWS BITES - AUSTRALIA

Total Australian Market down 11.89 points or -0.21% to 5,781.43

BSS News Bites issued 265 Alerts on notable trading amongst the 1,559 Stocks traded on the Total Australian Market today, of which 139 (52%) were Bearish.

Among the sectors, Metals and Mining slipped 1.68 percent, Resources weakened 1.57 percent, while Consumer Staples gained 0.76 percent.

Of all the Alerts, the following were the most prominent in today's trading:

HEAVYWEIGHT MARKET LEADERS

+ Rio Tinto, Australia's 2nd largest materials company by market capitalisation, has decreased 1.0% to trade at $A78.01 vs. the All Ordinaries Index which weakened 24.7 points (or 0.4%) to 6,119.3. Representing a weighting of about 7.1% of the index, the stock accounted for 18.4% of today's loss. Trading volume was 72% of average at the end of the day. Compared with the All Ordinaries Index which fell 24.7 points (or 0.4%) in the day, this represented a relative price change of -0.6%.

SECTOR BULLS

+ CSL, Australia's largest pharmaceuticals & biotechnology company by market capitalisation, has increased 1.1% to trade at $A143.93 vs. the Pharmaceuticals & biotechnology sector which strengthened 134.8 points (or 0.8%) to 17,609.7. Representing a weighting of about 88.6% of the sector, the stock accounted for the gain. Trading volume was 92% of average at the end of the day. Compared with the All Ordinaries Index which fell 24.7 points (or 0.4%) in the day, this represented a relative price increase of 1.5%.

+ Flight Centre Travel, Australia's 3rd largest consumer services company by market capitalisation, has climbed 4.2% to trade at $A48.83 vs. the S&P/ASX 200 Consumer Discretionary index which strengthened 11.4 points (or 0.5%) to 2,323.8. Representing a weighting of about 4.8% of the index, the stock accounted for 41.9% of today's gain. The shares have outperformed 88% of the market in the past week. Trading volume was 2.1 times average at the end of the day. Compared with the All Ordinaries Index which fell 24.7 points (or 0.4%) in the day, this represented a relative price increase of 4.7%.

+ Harvey Norman Holdings Limited (ASX:HVN) has lifted 2.0% to trade at $A4.48 vs. the Retailing sector which strengthened 37.1 points (or 0.5%) to 7,176.3. Representing a weighting of about 17.1% of the sector, the stock accounted for 67.4% of today's gain.

SECTOR BEARS

+ Mineral Resources, Australia's 5th largest commercial & professional services company by market capitalisation, has tumbled 6.6% to trade at $A18.84 vs. the Commercial & professional services sector which weakened 45.8 points (or 0.8%) to 5,466.2. Representing a weighting of about 7.3% of the sector, the stock accounted for 58.7% of today's loss. The shares have underperformed 91% of the market in the past week. Trading volume was 2.2 times average at the end of the day. Compared with the All Ordinaries Index which fell 24.7 points (or 0.4%) in the day, this represented a relative price change of -6.2%.

+ Telstra, Australia's largest telecommunication company by market capitalisation, has decreased 1.4% to trade at $A3.57 vs. the S&P/ASX 200 Telecommunication Services index which weakened 20.1 points (or 1.5%) to 1,286.2. Representing a weighting of about 75.5% of the index, the stock accounted for 67.7% of today's loss. Compared with the All Ordinaries Index which fell 24.7 points (or 0.4%) in the day, this represented a relative price change of -1.0%.

+ BT Investment Management Limited (ASX:BTT) has decreased 1.5% to trade at $A11.23 vs. the Diversified financials sector which weakened 19.2 points (or 0.2%) to 7,945.1. Representing a weighting of about 3.2% of the sector, the stock accounted for 20.3% of today's loss.

BSS News Bites alerted 52-week Highs in 21 Stocks through the day, of which the most prominent were:

HeadlineLastO/all Price Change52-Wk High
Reliance Worldwide Corporation hits 52-week high fifth time in one month this morning, sinking sharply to close at $A4.30$A4.305.0c [1.18%]$A4.37
Orocobre hits 52-week high seventh time in one month this morning, sinking sharply to close at $A6.48$A6.48-35.17c [-5.15%]$A7.09
BKI Investment hits 52-week high eleventh time in one month this morning, decreasing slightly to close at $A1.76$A1.76-$A1.76
Pengana Capital Group hits 52-week high fifth time in one month this morning, sinking sharply to close at $A3.71$A3.7118.0c [5.1%]$A3.79
Livetiles hits 52-week high ninth time in one month this morning, sinking sharply to close at 56.0c56.0c-4.0c [-6.67%]62.0c

BSS News Bites alerted 52-week Lows in 11 Stocks through the day, of which the most prominent were:

HeadlineLastO/all Price Change52-Wk Low
Aurizon Holdings hits 52-week low fourth time in one month$A4.54-6.0c [-1.3%]$A5.64
Holista Colltech hits 52-week low sixth time in one month8.30c-0.20c [-2.35%]16.0c
Asia Pacific Digital hits 52-week low third time in one month10.0c-35.0c
Integrated Payment Technologies hits 52-week low sixth time in one month this afternoon, closing higher at 7.80c7.80c0.20c [2.63%]19.50c
Peninsula Mines hits 52-week low ninth time in one month1.40c-0.10c [-6.67%]2.80c

BSS News Bites alerted Consecutive Rises in 38 Stocks through the day, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
Superior Resources up 90.9% in 2 days, it closed at 2.10c2.10c0.60c [40%]19.8
Aus Tin Mining accelerates rise; now up 23.1% in 2 days, it closed at 1.90c1.90c0.50c [35.71%]16.9
Stavely Minerals up 10.2% in 2 days, it closed at 42.0c42.0c10.0c [31.25%]11.8
RBR Group up 27.3% in 2 days, it closed at 1.50c1.50c0.30c [25%]18
Zyber Holdings keeps rising: up 33.3% in 4 days, it closed at 4.40c4.40c0.40c [10%]5.7

BSS News Bites alerted Consecutive Falls in 66 Stocks through the day, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
Ventnor Resources accelerates slide; now down 4.4% in 2 days, it closed at 6.60c6.60c-0.10c [-1.49%]1.8
Northern Cobalt down 4.5% in 2 days, it closed at 53.0c53.0c-0.50c [-0.93%]0.2
Metro Mining accelerates slide; now down 3.7% in 2 days, it closed at 26.0c26.0c-0.50c [-1.89%]0.5
Northern Star Resources accelerates slide; now down 3.6% in 3 days, it closed at $A5.96$A5.96-9.0c [-1.49%]0.8
Pantoro accelerates slide; now down 4.4% in 2 days, it closed at 21.50c21.50c-0.50c [-2.27%]0.4

BSS News Bites alerted Significant uptrend in 12 Stocks through the morning, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
Elixir Petroleum continued its significant uptrend; climbed 4.3% this afternoon and closed higher at 12.50c12.50c1.0c [8.7%]2.1
Silver City Minerals continued its significant uptrend; climbed 5.6% this morning and closed higher at 3.90c3.90c0.30c [8.33%]1.6
Gold Road Resources continued its significant uptrend; lifted 3.3% this morning and closed higher at 80.0c80.0c3.50c [4.58%]2.1
Navigator Global Investments continued its significant uptrend; increased 0.3% this morning and closed higher at $A3.78$A3.782.0c [0.53%]0.8
Helix Resources continued its significant uptrend; jumped 8.9%4.90c0.40c [8.89%]15

BSS News Bites alerted Significant downtrend in 6 Stocks in the afternoon, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
Freehill Mining continued its significant downtrend; tumbled 7.1% this morning but closed higher at 7.50c7.50c0.50c [7.14%]1.5
Pilbara Minerals continued its significant downtrend; sank 6.0% this morning but closed higher at 99.0c99.0c-1.50c [-1.49%]4
Quantify Technology Holdings continued its significant downtrend; decreased 1.9% this afternoon but closed higher at 5.40c5.40c-1.2
Scout Security continued its significant downtrend; sank 5.6%25.50c-1.50c [-5.56%]0.4
Berkeley Energia continued its significant downtrend; decreased 1.1%91.0c-1.0c [-1.09%]0.5

BSS News Bites alerted that 23 Stocks outperformed on Relative Strength through the day, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
iBuyNew Group soared 11.1% - outperforming 99% of stocks, it closed at 0.90c0.90c-3.6
Kogi Iron soared 12.0% - outperforming 96% of stocks, it closed at 14.0c14.0c1.50c [12%]2
Catapult Group increased 1.5% - outperforming 90% of stocks, it closed at $A1.72$A1.724.50c [2.69%]0.7
Kneomedia lifted 3.7% - outperforming 95% of stocks, it closed at 13.0c13.0c-0.50c [-3.7%]0.3
Matador Mining climbed 5.0% - outperforming 90% of stocks, it closed at 40.0c40.0c-1.7

BSS News Bites alerted that 39 Stocks underperformed on Relative Strength through the day, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
Mithril Resources plummeted 11.1% - underperforming 96% of stocks, it closed at 5.0c5.0c-0.40c [-7.41%]5.7
Diatreme Resources tumbled 8.0% - underperforming 98% of stocks, it closed at 2.30c2.30c-0.20c [-8%]0.5
Lifespot Health tumbled 6.7% - underperforming 95% of stocks, it closed at 14.50c14.50c-0.50c [-3.33%]1.4
Lifestyle Communities dropped 2.4% - underperforming 87% of stocks, it closed at $A5.08$A5.08-27.0c [-5.05%]0.9
Martin Aircraft dropped 2.2% - underperforming 88% of stocks, it closed at 4.50c4.50c-0.10c [-2.17%]7.2