Australian Daily Newsletter


Daily Newsletter: All Ordinaries Index lifts 3.5%
Wednesday April 01, 2020


The All Ordinaries Index lifted 180.1 points (or 3.5%) to close at 5,291.

Market capitalization of the Australian All Ordinaries Index rose 3.4% or $A56.7 billion to $A1,716.3 billion on Wednesday. Amongst the 453 Stocks traded in the All Ordinaries Index today, 326 (68.2%) advanced, 98 (20.5%) declined and 29 (6.1%) were unchanged. 25 (5.2%) were untraded.

ALL ORDINARIES INDEX SUMMARY

CurrencyAustralian Dollar (AUD)
Exchange rateUSD1 = AUD1.6326; AUD1 = 0.6125 USD
Exchange NameAustralian Securities Exchange (ASX)
Last5,291
52-Week Range4,564 - 7,255
Total Market Cap$A1,716 billion (USD 1,051.3 billion)
% change YTD-22.22
Number of constituents478
Avg. daily turnoverAUD 5.6 billion (USD 3.5 billion)


TODAY'S TRADING SNAPSHOT

StocksNo.%
Advanced32668.2
Declined9820.5
Unchanged296.1
Untraded255.2
Total478100


AUSTRALIAN DOLLAR EXCHANGE RATES
The Australian Dollar rose against the following currencies:

FXClose Apr 01Mar 31Daily Change %YTD change %
AUD/EUR0.55490.55670.33-11.25
AUD/CAD0.8650.87310.95-5.38
AUD/CNY4.33914.34740.19-11.26
AUD/NZD1.02891.03470.56-1.17
AUD/SEK6.06816.07640.14-7.39
AUD/KRW751.1632761.51351.4-7.28
AUD/SGD0.8730.87330.03-7.51
AUD/MXN14.648715.11833.3110.44


The Australian Dollar fell against the following currencies:

FXClose Apr 01Mar 31Daily Change %YTD change %
AUD/USD0.61180.6112-0.1-12.69
AUD/JPY65.68164.9652-1.08-13.77
AUD/GBP0.4940.489-1.01-7.52
AUD/CHF0.58780.5877-0.02-13.33
AUD/HKD4.74284.7388-0.08-13.05
AUD/NOK6.34466.2972-0.742.72

SECTION 1 TOP TWENTY STOCKS BY DIVIDEND YIELD

Company NameLast, AUD% Yield
Genworth Mortgage Insurance Australia (GMA)2.0929.9
Jupiter Mines (JMS)0.2328.9
Neometals (NMT)0.1427.6
Adairs (ADH)0.8425.6
Elanor Investors (ENN)0.8721
Stanmore Coal (SMR)0.8217.1
Decmil Group (DCG)0.1216
OOH Media (OML)0.6915.8
Fortescue Metals (FMG)10.3515.5
Whitehaven Coal (WHC)2.0515.4
Yancoal Australia (YAL)2.115
Unibail-Rodamco-Westfield (URW)4.5214
Regional Express (REX)0.5813.8
Helloworld Travel (HLO)1.5813.6
Vicinity Centres (VCX)1.1613.6
Mosaic Brands (MOZ)0.4113.4
Carindale Property Trust (CDP)2.7413.2
SG Fleet (SGF)1.2513.2
Nick Scali (NCK)3.4213.2
Virtus Health (VRT)1.8513

SECTION 2 TOP TWENTY STOCKS WITH LOWEST P/E

Company NameLast, AUDP/E
Australis Oil & Gas (ATS)0.021.6
Grange Resources (GRR)0.181.9
Bathurst Resources (BRL)0.061.9
Perenti Global (PRN)0.62
Decmil Group (DCG)0.122.1
Energy World (EWC)0.052.1
Unibail-Rodamco-Westfield (URW)4.522.1
Stanmore Coal (SMR)0.822.3
Base Resources (BSE)0.132.4
IVE Group (IGL)0.52.4
Yancoal Australia (YAL)2.13.1
Midway (MWY)0.993.2
Jupiter Mines (JMS)0.233.2
Regional Express (REX)0.583.6
Whitehaven Coal (WHC)2.053.8
Alumina (AWC)1.464
Zimplats Holdings (ZIM)9.494.3
Viva Energy Group (VEA)1.294.3
Adairs (ADH)0.844.7
Flexigroup (FXL)0.754.7


SECTION 3 BULLISH SIGNALS: TECHNICALS

3.1 New 52-week high
Stock hitting its new 52-week high through the day included:

Company NameLast, AUD52-Wk High, AUD
NEXTDC (NXT)9.189.19


3.2 Top Twenty on price rises

Company NameLast, AUDPrice ChangeComment
FAR (FAR)0.010.2c [20.0%]Volume 2.1 times average
Audio Pixels (AKP)10.9$A1.80 [19.8%]Volume 3.5 times average
FBR (FBR)0.030.4c [18.2%]Price rise on beating relative strength
Mayne Pharma (MYX)0.365.5c [17.7%]Price rise on beating relative strength
Skycity Entertainment (SKC)230c [17.6%]Volume 3.3 times average
AP Eagers (APE)3.4845c [14.8%]Oversold: close to 14-day low
Pilbara Minerals (PLS)0.22.5c [14.7%]Price rise on rising relative strength
Worley (WOR)7.0489c [14.5%]Volume 3.3 times average
Nanosonics (NAN)6.4181c [14.5%]Volume 1.3 times average
Rhipe (RHP)1.7622c [14.3%]Price rise on beating relative strength
Challenger (CGF)4.5656c [14.0%]Volume 1.3 times average
Experience Co (EXP)0.081c [13.9%]Price rise on rising relative strength
Alliance Aviation Services (AQZ)1.923c [13.8%]Volume 16.9 times average
NRW Holdings (NWH)1.4317c [13.6%]Price rise on rising relative strength
Beach Energy (BPT)1.315.5c [13.5%]Price rise on rising relative strength
Accent Group (AX1)0.8910.5c [13.4%]Volume 3.3 times average
Downer EDI (DOW)3.3739c [13.1%]Volume 2.3 times average
LiveHire (LVH)0.131.5c [13.0%]Volume 2.5 times average
Panoramic Resources (PAN)0.131.5c [13.0%]Price rise on rising relative strength
Oil Search (OSH)2.6830c [12.6%]Volume 2.4 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
Elanor Retail Property Fund (ERF)0.810.8
Slater & Gordon (SGH)0.580.56
Terracom (TER)0.120.12
Pivotal Systems Corporation (PVS)0.790.79


4.2 Bottom Twenty on price falls

Company NameLast, AUDPrice ChangeComment
Pivotal Systems Corporation (PVS)0.79-16c [-16.8%]Price fall on falling relative strength
Terracom (TER)0.12-2c [-14.3%]Volume 3.8 times average
Base Resources (BSE)0.13-1.5c [-10.3%]Price fall on slipping relative strength
Money3 (MNY)1.1-12.5c [-10.2%]Volume 2.4 times average
Energy World (EWC)0.05-0.5c [-8.5%]Price fall on slipping relative strength
Pro-Pac Packaging (PPG)0.08-0.7c [-8.4%]Price/MAP50 below 1
Seafarms Group (SFG)0.04-0.3c [-7.9%]Volume 4.2 times average
Imdex (IMD)0.82-7c [-7.9%]Price fall on falling relative strength
AVJennings (AVJ)0.42-3.5c [-7.7%]Volume 1.4 times average
Hastings Technology Metals (HAS)0.07-0.6c [-7.7%]Price fall on slipping relative strength
Wisetech Global (WTC)15.9$A-1.20 [-7.0%]Volume 2.5 times average
Regis Healthcare (REG)1.41-10.5c [-6.9%]Volume 2.3 times average
Flinders Mines (FMS)0.03-0.2c [-6.9%]Volume 2.6 times average
Over the Wire Holdings (OTW)2.71-20c [-6.9%]Price/MAP50 below 1 and falling
Amaysim Australia (AYS)0.29-2c [-6.5%]Price/MAP50 below 1
Reliance Worldwide Corporation (RWC)2.44-16c [-6.2%]Price/MAP50 below 1 and falling
Catapult Group (CAT)0.71-4.5c [-6.0%]Price fall on falling relative strength
Jumbo Interactive (JIN)8.88-53c [-5.6%]Volume 4.1 times average
City Chic Collective (CCX)1.51-9c [-5.6%]Volume 3.2 times average
Virgin Australia (VAH)0.09-0.5c [-5.3%]Volume 5.6 times average


SECTION 5 BEARISH CANDLESTICK PATTERNS

Company NameLast, AUDComment*
IMF Bentham(IMF)3.6Bearish Engulfing
Virgin Australia(VAH)0.09Dark Cloud


* 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 Dark Cloud chart pattern is an uptrend session followed by a candlestick reversal pattern in the second session. This is indicative of an outlook of potential short-term weakness in the price.

SECTION 6 TOP THREE AND BOTTOM THREE

6.1 Today's MCap changes of Heavyweights
Top three Stocks

Company NameLast, AUDMCap rise $USBMCap Last $USB
BHP Group (BHP)$A30.236.5156.6
CSL (CSL)$A3074.7139.3
Commonwealth Bank of Australia (CBA)$A63.673.3112.7


Bottom three Stocks

Company NameLast, AUDMCap fall $USMMCap Last $USB
Wisetech Global (WTC)$A15.9381.85.1
Northern Star Resources (NST)$A10.31162.87.6
Reliance Worldwide Corporation (RWC)$A2.44126.41.9


6.2 Present Value Changes For AUD1,000 invested one week ago
Top three Stocks

Company NameLast, AUDPV$A1000 [1week]
Apollo Tourism & Leisure (ATL)0.172,000
Village Roadshow (VRL)1.811,905
Mosaic Brands (MOZ)0.411,783


Bottom three Stocks

Company NameLast, AUDPV$A1000 [1week]
Northern Star Resources (NST)10.31764
Flinders Mines (FMS)0.03771
Terracom (TER)0.12800


6.3 Present Value Changes For AUD1,000 invested one year ago
Top three Stocks

Company NameLast, AUDPV$A1000 [1year]
Opthea (OPT)1.922,844
Megaport (MP1)10.032,508
Polynovo (PNV)1.82,384


Bottom three Stocks

Company NameLast, AUDPV$A1000 [1year]
Liquefied Natural Gas (LNG)0.09204
FAR (FAR)0.01211
Apollo Tourism & Leisure (ATL)0.17211


SECTION 7 Bullish Indicators

DescriptionValueRank In Indices
Aggregate MCap$A1,716.3 billionIn Top 5%
Today's Trading Turnover$A7.2 billionIn Top 5%
Annual Revenue$A948.1 billionIn Top 5%

SECTION 8 Year-on-Year Comparison (Trailing year - ended 31 Mar)

In the past 4 years, the All Ordinaries Index has declined 0.8% from 5,152 to 5,111; an average annual compound fall of 0.2%.

 20202019201820172016
Index 31 Mar5,1116,2745,8695,9045,152
Index Change (%)-18.56.9-0.614.6-12.1
Avg Daily Turnover ($A Billion)5.64.54.44.34.1


SECTION 9 ANNOUNCEMENTS

9.1 Half-yearly Report

CodeHeadlinesSource
AMLInterim Report (Half Year) Analysis H2 2019: Aeon Metals reports improvement in EPSBuySellSignals
AVZInterim Report (Half Year) Analysis H2 2019: AVZ Minerals reports 22.7% fall in Half-Yearly RevenueBuySellSignals
BYEInterim Report (Half Year) Analysis H2 2019: Byron Energy half year profits hit by 93% fallBuySellSignals
FMSInterim Report (Half Year) Analysis H2 2019: Flinders Mines reports deterioration in EPSBuySellSignals
HASInterim Report (Half Year) Analysis H2 2019: Hastings Technology Metals reports 46.2% fall in Half-Yearly RevenueBuySellSignals
MMIInterim Report (Half Year) Analysis H2 2019: Metro Mining EPS plummets 61.3%BuySellSignals
NCZInterim Report (Half Year) Analysis H2 2019: New Century Resources reports 0.8% fall in Half-Yearly RevenueBuySellSignals
NXTInterim Report (Half Year) Analysis H2 2019: NEXTDC reports 7.7% rise in Half-Yearly RevenueBuySellSignals
PNCInterim Report (Half Year) Analysis H2 2019: Pioneer Credit reports 16.4% fall in Half-Yearly RevenueBuySellSignals
PNRInterim Report (Half Year) Analysis H2 2019: Pantoro reports deterioration in EPSBuySellSignals
SFGInterim Report (Half Year) Analysis H2 2019: Seafarms Group reports 20.1% rise in Half-Yearly RevenueBuySellSignals
SFXInterim Report (Half Year) Analysis H2 2019: Sheffield Resources reports 23.2% fall in Half-Yearly RevenueBuySellSignals
SHJInterim Report (Half Year) Analysis H2 2019: Shine Corporate reports 298% rise in Half-Yearly Net ProfitBuySellSignals
TBRInterim Report (Half Year) Analysis H2 2019: Tribune Resources half year profits hit by 40.9% fallBuySellSignals


9.2 Patent

CodeHeadlinesSource
ALLAristocrat Leisure (ALL) issued design patent titled "Gaming machine display screen with graphical user interface for a meter and indicator"BuySellSignals
CLVClover (CLV) issued patent titled "Safety faucet for hot water"BuySellSignals
CSLCSL (CSL) issued patent titled "Reconstructed HDL formulation"BuySellSignals
FPHFisher & Paykel Healthcare (FPH) issued patent titled "Interface comprising a nasal sealing portion"BuySellSignals
FPHFisher & Paykel Healthcare (FPH) issued patent titled "Components for medical circuits"BuySellSignals
FPHFisher & Paykel Healthcare (FPH) issued design patent titled "Connector for a nasal cannula assembly"BuySellSignals


SECTION 10 ECONOMIC INDICATORS

10.1 Global Commodities Spot Prices

CommoditiesPrice ($US)% ChangeUnit% YTD
Gold1,591-4.04Troy Ounce5.2
Silver14.14-3.41Troy Ounce-21.1
Copper2.22-0.09Pound-22.4
Crude oil30.9-7.1Barrel-46
Natural gas221.3MMBTU-12.6
Brent crude38.761.36Barrel-37.4
Class iii milk16.22-0.06100 Pounds-16
Corn341-2.07100 Bushels-11.9
Soyabean oil27.12.57100 Pounds-21.5


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

IndicesClose% Change% YTD Change
This Market   
All Ordinaries5,2913.5-24.87
S&P/ASX 2005,2593.6-24.05
Compare with:   
FTSE 1005,6721.9-24.8
Dow Jones Industrials21,917-1.8-23.2
S&P 5002,585-1.6-20
Nikkei 22518,740-0.9-20.04
HSI23,334-1.1-16.27


10.3 Macro Economic Indicators: Australia

IndicatorValue
GDP (USD Billion)1,450
GDP growth yoy (%)2.2
Interest rate (%)0.5
Inflation rate (%)1.8
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


10.4 Australia Sovereign Bonds [with Change in basis points]

Term of MaturityToday's Yield (%)Today's ChangeYTD Change
Australia 3-Year0.278-1.7-62
Australia 5-Year0.439-2.8-55
Australia 10-Year0.84-8.9-53
Australia 15-Year1.201-18.4-28


Australian Rating Summary

Rating AgencyLong TermForeign CurrencyDescription
Moody'sAaa  
S&PAAA Extremely strong capacity to meet financial commitments. Highest Rating.
FITCHAAA Highest credit quality: 'AAA' ratings denote the lowest expectation of default risk. This capacity is highly unlikely to be adversely affected by foreseeable events.
DAGONG AA+"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