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Daily Newsletter: All Ordinaries Index increases 0.5%
Thursday September 19, 2019

The All Ordinaries Index increased 34.0 points (or 0.5%) to close at 6,839. Market capitalization of the All Ordinaries Index rose 0.6% or $A13.2 billion to $A2,188.6 billion on Thursday. Amongst the 456 Stocks traded in the All Ordinaries Index today, 263 (53.6%) advanced, 147 (29.9%) declined and 46 were (9.4%) unchanged. 35 (7.1%) were untraded.ALL ORDINARIES INDEX SUMMARY
CurrencyAustralian Dollar (AUD)
Exchange rateUSD1 = AUD1.4736; AUD1 = 0.6789 USD
Exchange NameAustralian Securities Exchange (ASX)
Last6,839
52-Week Range5,533 - 6,928
Total Market Cap$A2,189 billion (USD 1,498.8 billion)
% change YTD19.5
Number of constituents491
Avg. daily turnoverAUD 4.9 billion (USD 3.3 billion)
TODAY'S TRADING SNAPSHOT
StocksNo.%
Advanced26353.6
Declined14729.9
Unchanged469.4
Untraded357.1
Total491100

SECTION 1 TOP TWENTY STOCKS BY DIVIDEND YIELD

Company NameLast, AUD% Yield
Coronado Global Resources (CRN)2.4522.3
Jupiter Mines (JMS)0.4118.3
Whitehaven Coal (WHC)3.3215.1
Yancoal Australia (YAL)3.0212.9
Evans Dixon (ED1)0.8712.6
Fortescue Metals (FMG)9.0412.6
IVE Group (IGL)2.0511.6
Genworth Mortgage Insurance Australia (GMA)3.4511.6
SG Fleet (SGF)2.4211.4
Alumina (AWC)2.4110.9
WPP AUNZ (WPP)0.5810.9
Neometals (NMT)0.1810.8
GR Engineering Services (GNG)0.8710.3
Rio Tinto (RIO)93.049.6
OM Holdings (OMH)0.549.3
Grange Resources (GRR)0.229.1
Zimplats Holdings (ZIM)9.799
BHP Group (BHP)37.688.9
Bell Financial (BFG)0.918.5
US Masters Residential Property Fund (URF)0.78.5

SECTION 2 TOP TWENTY STOCKS WITH LOWEST P/E

Company NameLast, AUDP/E
Galaxy Resources (GXY)1.132.1
Grange Resources (GRR)0.222.2
OM Holdings (OMH)0.542.4
AVEO (AOG)2.123.4
Bathurst Resources (BRL)0.13.5
Apollo Tourism & Leisure (ATL)0.413.9
Stanmore Coal (SMR)1.423.9
BlueScope Steel (BSL)12.264.3
Yancoal Australia (YAL)3.024.5
Seven West Media (SWM)0.414.7
Energy World (EWC)0.084.8
Base Resources (BSE)0.244.8
Australian Unity Office Fund (AOF)3.024.8
ERM Power (EPW)2.424.9
Neometals (NMT)0.185
Euroz (EZL)1.035.2
New Energy Solar (NEW)1.275.3
Unibail-Rodamco-Westfield (URW)10.425.5
Jupiter Mines (JMS)0.415.9
Fortescue Metals (FMG)9.046

SECTION 3 BULLISH SIGNALS: TECHNICALS

3.1 New 52-week highs

Stocks hitting their new 52-week highs through the day included:
Company NameLast, AUD52-Wk High, AUD
Commonwealth Bank of Australia (CBA)82.1882.64
National Australia Bank (NAB)29.3229.5
REA Group (REA)108.26109.64
APA Group (APA)11.5911.66
James Hardie Industries (JHX)24.324.35
Tabcorp Holdings (TAH)4.844.86
Orica (ORI)22.6822.8
Ansell (ANN)27.8728.05
AP Eagers (APE)13.9514.3
Cromwell Property (CMW)1.271.29
Genworth Mortgage Insurance Australia (GMA)3.453.45
Automotive Holdings (AHG)3.743.83
Avita Medical (AVH)0.610.61
Collins Foods (CKF)9.89.89
Sigma Healthcare (SIG)0.670.68
Elanor Retail Property Fund (ERF)1.291.29

3.2 Top Twenty on price rises

Company NameLast, AUDPrice ChangeComment
Aeon Metals (AML)0.162c [14.3%]Price rise on beating relative strength
Wattle Health Australia (WHA)0.455.5c [13.9%]Volume 4 times average
Magnis Energy Technologies (MNS)0.181.5c [8.8%]Price rise on beating relative strength
Carnarvon Petroleum (CVN)0.423c [7.7%]Volume 5.6 times average
Class (CL1)1.5411c [7.7%]Price rise on beating relative strength
Rhipe (RHP)2.6217c [6.9%]Volume 1.8 times average
Brickworks (BKW)17.54$A1.05 [6.4%]Volume 4.3 times average
Speedcast International (SDA)1.247c [6.0%]Price rise on rising relative strength
Clover (CLV)2.2612c [5.6%]Volume 2.1 times average
Slater & Gordon (SGH)1.185.5c [4.9%]Volume 7.1 times average
Syrah Resources (SYR)0.542.5c [4.9%]Price rise on rising relative strength
Bega Cheese (BGA)4.5821c [4.8%]Volume 2.5 times average
Noni B (NBL)313c [4.5%]Price rise on beating relative strength
Karoon Energy (KAR)1.295.5c [4.5%]Price/MAP50 above 1
Flinders Mines (FMS)0.050.2c [4.3%]Price rise on rising relative strength
Avita Medical (AVH)0.612.5c [4.2%]Volume 2.8 times average
Dicker Data (DDR)7.6730c [4.1%]Price rise on rising relative strength
Pengana Capital Group (PCG)1.87c [4.0%]Price rise on beating relative strength
Strike Energy (STX)0.261c [4.0%]Volume 2 times average
CIMIC Group (CIM)32.3$A1.24 [4.0%]Volume 2.3 times average

SECTION 4 BEARISH SIGNALS: TECHNICALS

4.1 New 52-week lows

Stocks hitting their new 52-week lows through the day included:
Company NameLast, AUD52-Wk Low, AUD
Paladin Energy (PDN)0.110.11
Australis Oil & Gas (ATS)0.180.18
Euroz (EZL)1.030.99

4.2 Bottom Twenty on price falls

Company NameLast, AUDPrice ChangeComment
Australis Oil & Gas (ATS)0.18-2.5c [-12.2%]Volume 1.7 times average
Rural Funds (RFF)1.72-23c [-11.8%]Volume 10.7 times average
iSignthis (ISX)0.93-8.5c [-8.4%]Volume 24.3 times average
Byron Energy (BYE)0.33-3c [-8.3%]Volume 3.4 times average
Ioneer (INR)0.18-1.5c [-7.7%]Price fall on slipping relative strength
Catapult Group (CAT)1.41-10c [-6.6%]Volume 2.3 times average
Perseus Mining (PRU)0.72-4.5c [-5.8%]Price fall on falling relative strength
Servcorp (SRV)4.37-27c [-5.8%]Price fall on falling relative strength
Wagners Holding Company (WGN)1.75-10.5c [-5.7%]Falls for a second consecutive day
Mesoblast (MSB)2.01-12c [-5.6%]Volume 2.2 times average
Data3 (DTL)2.68-16c [-5.6%]Volume 3.1 times average
Elmo Software (ELO)6.17-35c [-5.4%]Volume 104.6 times average
Ainsworth Game Technology (AGI)0.72-4c [-5.2%]Price/MAP50 below 1
Livetiles (LVT)0.38-2c [-5.0%]Volume 4.1 times average
Opthea (OPT)3.68-19c [-4.9%]Price fall on slipping relative strength
West African Resources (WAF)0.5-2.5c [-4.8%]Price fall on slipping relative strength
Seven West Media (SWM)0.41-2c [-4.6%]Volume 1.7 times average
Schaffer (SFC)13.65-65c [-4.5%]Price fall on falling relative strength
Sundance Energy Australia (SEA)0.21-1c [-4.5%]Falls for a second consecutive day
Paladin Energy (PDN)0.11-0.5c [-4.3%]Price fall on slipping relative strength

SECTION 5 BULLISH CANDLESTICK PATTERNS

Company NameLast, AUDComment*
ALS(ALQ)8.2Bullish Kicker
Brickworks(BKW)17.54Bullish Kicker
CSR(CSR)4.18Bullish Kicker
HUB24(HUB)12.63Bullish Kicker
Inghams Group(ING)3.17Bullish Kicker
Bank of Queensland(BOQ)9.7Bullish Harami
GrainCorp(GNC)8.22Bullish Harami
IOOF Holdings(IFL)5.55Bullish Harami
Orocobre(ORE)2.61Inverted Hammer
SKY Network Television(SKT)1.05Inverted Hammer
Propel Funeral Partners(PFP)3.09Bullish Engulfing
* A Bullish Kicker Chart pattern is usually based on sudden surprise news or at a possible support level and is indicative of an oversold scenario.* Bullish Harami is formed at the bottom of a downtrend or near a significant support zone.* An inverted hammer pattern appears as a bullish reversal chart pattern after a downtrend. The high exceeds the high of the previous session: the open, low and close are roughly unchanged.* A bullish engulfing pattern occurs when a small red candlestick of falling prices is followed the next day by a larger green engulfing candlestick pattern of rising prices.

SECTION 6 BEARISH CANDLESTICK PATTERNS

Company NameLast, AUDComment*
APN Convenience Retail REIT(AQR)3.36Bearish Engulfing
Aurizon Holdings(AZJ)5.98Bearish Engulfing
Catapult Group(CAT)1.41Bearish Engulfing
Praemium(PPS)0.47Bearish Engulfing
Cardinal Resources(CDV)0.46Bearish Kicker
Infigen Energy(IFN)0.65Bearish Kicker
Neuren Pharmaceuticals(NEU)2.15Hanging Man
Qantm Intellectual Property(QIP)1.3Hanging Man
Magellan Financial(MFG)51.16Evening Star
* A bearish engulfing pattern is a candlestick chart pattern when a small green candlestick of rising prices is followed the next day by a larger red engulfing candlestick pattern of falling prices* A Bearish Kicker Chart pattern is formed at the end of an uptrend, when it encounters resistance in an overbought area.* A Hanging Man chart pattern is a bearish reversal pattern that usually occurs at the top of an uptrend. It suggests weakness of buyers and foreshadows a likely bearish trend over the near-term.* An Evening Star pattern is an early warning retracement indicator of a bearish reversal of an uptrend

SECTION 7 TOP THREE AND BOTTOM THREE

7.1 Today's MCap changes of Heavyweights

Top three Stocks
Company NameLast, AUDMCap rise $USMCap Last $USB
Telstra (TLS)$A3.641.1 B43.3
Macquarie Group (MQG)$A131.771.1 B46
Commonwealth Bank of Australia (CBA)$A82.18778.9 M145.5
Bottom three Stocks
Company NameLast, AUDMCap fall $USMMCap Last $USB
BHP Group (BHP)$A37.68569.8195.2
Newcrest Mining (NCM)$A35.15391.927
Woodside Petroleum (WPL)$A32.17327.730.1

7.2 Present Value Changes For AUD1,000 invested one week ago

Top three Stocks
Company NameLast, AUDPV$A1000 [1week]
Bellamy's Australia (BAL)12.881,575
Aeon Metals (AML)0.161,231
Dacian Gold (DCN)1.391,193
Bottom three Stocks
Company NameLast, AUDPV$A1000 [1week]
Rural Funds (RFF)1.72843
Sims Metal Management (SGM)10.9865
Australis Oil & Gas (ATS)0.18900

7.3 Present Value Changes For AUD1,000 invested one year ago

Top three Stocks
Company NameLast, AUDPV$A1000 [1year]
Polynovo (PNV)2.284,343
Jumbo Interactive (JIN)23.183,389
Fortescue Metals (FMG)9.043,231
Bottom three Stocks
Company NameLast, AUDPV$A1000 [1year]
Syrah Resources (SYR)0.54247
ARQ Group (ARQ)0.54255
Sundance Energy Australia (SEA)0.21273

SECTION 8 Bullish Indicators

DescriptionValueRank In Indices
Aggregate MCap$A2,188.6 billionIn Top 5%
Today's Trading Turnover$A5.6 billionIn Top 5%
Annual Revenue$A881.6 billionIn Top 5%
Price/MAP501.0In Top Quartile
Price/MAP2001.1In Top Quartile

SECTION 9 Year-on-Year Comparison (Trailing year - ended 30 Aug)

In the past 4 years, the All Ordinaries Index has jumped 27.0% from 5,275 to 6,699; an average annual compound rise of 6.2%.
20192018201720162015
Index 30 Aug6,6996,4605,7345,5745,275
Index Change (%)3.712.72.95.7-6.2
Avg Daily Turnover ($A Billion)4.94.34.44.23.5

SECTION 10 ANNOUNCEMENTS

10.1 Dividend

CodeExcerptSource
CMACenturia Metropolitan today announced an interim dividend of 4.45c per share, franked to 0%. The ex dividend date is Friday, September 27, 2019 and the record date is Monday, September 30, 2019 and it is payable on Wednesday, October 30. BuySellSignals

10.2 Buyback of Shares

CodeExcerptsSource
BXBBrambles (BXB.AU) announced a buyback of 650,549 shares worth $A7,325,182 (or $US5,016,336) on September 18, 2019. BuySellSignals
CPUComputershare (CPU.AU) announced a buyback of 60,000 shares worth $A961,200 (or $US658,236) on September 18, 2019. BuySellSignals
GTNGTN (GTN.AU) announced a buyback of 32,313 shares worth $A26,497 (or $US18,145) on September 18, 2019. BuySellSignals
S32South32 (S32.AU) announced a buyback of 1,945,475 shares worth $A5,291,692 (or $US3,623,788) on September 18, 2019. BuySellSignals

SECTION 11 ECONOMIC INDICATORS

11.1 Global Commodities Spot Prices

CommoditiesPrice ($US)% ChangeUnit% YTD
Gold1,502-0.53Troy Ounce16.8
Silver17.84-1.44Troy Ounce14.6
Copper2.59-0.65Pound-4.2
Crude oil57.82-0.65Barrel18.2
Natural gas2.64-1.2MMBTU-28
Brent crude62.87-0.52Barrel12.7
Class iii milk18.27-0.11100 Pounds32.1
Corn3720.98100 Bushels-0.9
Soyabean oil300100 Pounds8.9
Against principal trading currencies, the AUD rates today are:
FXCloseInversePIP% YTD
AUD/USD0.67891.473-59.45-3.9
AUD/EUR0.61491.6263-39.18-0.5
AUD/JPY73.26860.0136-8,408.14-6
AUD/GBP0.54411.838-42.95-2.3
AUD/CHF0.67641.4784-40.47-2.8
AUD/CAD0.90211.1085-57.56-6.2
AUD/NZD1.07550.9298-49.972.2
AUD/CNY4.82140.2074-314.35-0.7
AUD/INR48.3580.0207-5,262.44-1.9
AUD/IDR9,564.03920.0001-708,387.29-6.4
AUD/MYR2.8490.351-165.08-2.5

11.2 Against principal global indices, these markets compared today as:

IndicesClose% Change% YTD Change
This Market
All Ordinaries6,8390.518.9
S&P/ASX 2006,7310.518.3
Compare with:
HSI26,561-1.33.5
Nikkei 22522,0440.49.7
FTSE 1007,314-0.098.6
Dow Jones Industrials27,1470.116.4
S&P 5003,0070.0319.9

11.3 Macro Economic Indicators: Australia

IndicatorValue
GDP (USD Billion)1,432
GDP growth yoy (%)1.4
Interest rate (%)1.0
Inflation rate (%)1.6
Public debt (USD) (billion)400.9
Public debt per person (USD)16,819
Total annual debt change (%)0.5
Debt to GDP ratio (%)40.7
Budget Deficit to GDP(%)0.6
CAD to GDP(%)1.5
Population (million)23.9

11.4 Australia Sovereign Bonds [with Change in basis points]

Term of MaturityToday's Yield (%)Today's ChangeYTD Change
Australia 3-Year0.857-5.5-96
Australia 5-Year0.871-5.6-105
Australia 10-Year1.137-5.4-118
Australia 15-Year1.238-4.6-122
Australian Rating Summary
Rating AgencyLong TermForeign CurrencyDescription
Moody'sAaa
S&PAAAExtremely strong capacity to meet financial commitments. Highest Rating.
FITCHAAAHighest credit quality: 'AAA' ratings denote the lowest expectation of default risk. This capacity is highly unlikely to be adversely affected by foreseeable events.
DAGONGAA+"AA" ratings denote expectations of very low default risk. It indicates that the issuer has a very strong capacity for payment of financial commitments. Although due to its relatively higher long-term risk, this capacity is not significantly vulnerable to any foreseeable event. The plus (+) sign shows relative standing within the major rating category.
Source: www.BuySellSignals.com