Australian Daily Newsletter


Daily Index Newsletter: All Ordinaries Index rises for a third consecutive day, a three-day rise of 0.7%
Friday January 15, 2021


The All Ordinaries Index rose 4.1 points (or 0.06%) to close at 6,987. The index rose for a third day on Friday bringing its three-day rise to 47.7 points or 0.7%.

Market capitalization of the Australian All Ordinaries Index rose 0.1% or $A3 billion to $A2,515.8 billion on Friday. Amongst the 451 Stocks traded in the All Ordinaries Index today, 225 (48%) declined, 182 (38.8%) advanced and 44 (9.4%) were unchanged. 18 (3.8%) were untraded.

ALL ORDINARIES INDEX DASHBOARD (January 15)

CurrencyAustralian Dollar (AUD)% change YTD2
Exchange rateUSD1 = AUD1.29; AUD1 = 0.78 USDTotal Market Cap$A2,516 billion (USD 1,953.1 billion)
Last6,987Ave Div Yield2.98%
Avg. daily turnoverAUD 6.2 billion (USD 4.8 billion)Ave P/E37.5
52-Week Range4,564 - 7,255Number of constituents469


TODAY'S TRADING SNAPSHOT

StocksNo.%
Declined22548
Advanced18238.8
Unchanged449.4
Untraded183.8
Total469100


LINKS TO FURTHER INFORMATION ON All Ordinaries Index:

+ PRICE VOLUME CHARTS IN HTML
http://www.buysellsignals.net/BuySellSignals/report/Australia/Sector/Daily/Html/Australia_XAO.html

SECTION 1 TODAY'S TOP TWENTY PRICE RISES

Company NameCodeLast, AUDPrice ChangeComment
Paladin EnergyPDN0.354c [12.7%]Volume 2.2 times average
AfterpayAPT133.15$A12.15 [10.0%]Price rise on rising relative strength
NeometalsNMT0.343c [9.5%]Volume 6.3 times average
Avita MedicalAVH6.0452c [9.4%]Price rise on beating relative strength
DanakaliDNK0.363c [9.1%]Price rise on beating relative strength
Navigator Global InvestmentsNGI1.9916c [8.8%]Volume 2.6 times average
Byron EnergyBYE0.191.5c [8.6%]Price rise on beating relative strength
FBRFBR0.050.4c [8.3%]Price rise on beating relative strength
Sheffield ResourcesSFX0.393c [8.3%]Price/MAP50 above 1
Ainsworth Game TechnologyAGI0.685c [8.0%]Volume 3 times average
Energy Resources of AustraliaERA0.272c [8.0%]Volume 3.3 times average
AJ Lucas GroupAJL0.030.2c [7.7%]Price rise on rising relative strength
Michael Hill InternationalMHJ0.735c [7.3%]Volume 3.1 times average
Australian Ethical InvestmentAEF5.9838c [6.8%]Price rise on beating relative strength
Australis Oil & GasATS0.060.4c [6.7%]Volume 1.6 times average
Syrah ResourcesSYR1.167c [6.4%]up 34.88% in the past month
Panoramic ResourcesPAN0.171c [6.2%]up 25.93% in the past month
Clean TeQCLQ0.352c [6.1%]Price rise on rising relative strength
Aeon MetalsAML0.140.75c [5.7%]Price rise on rising relative strength
Motorcycle HoldingsMTO2.6414c [5.6%]Price rise on rising relative strength


SECTION 2 TODAY'S STEEPEST FALLS: BOTTOM TWENTY

Company NameCodeLast, AUDPrice ChangeComment
PolynovoPNV2.54-23c [-8.3%]Price fall on slipping relative strength
Resolute MiningRSG0.7-6c [-7.8%]Volume 2.2 times average
AVZ MineralsAVZ0.2-1.5c [-6.8%]Overbought: close to 14-day high
CloverCLV1.44-8.5c [-5.6%]Price/MAP200 below 1 and falling
Centuria CapitalCNI2.3-11c [-4.6%]Price fall on falling relative strength
Grange ResourcesGRR0.32-1.5c [-4.5%]Price fall on slipping relative strength
Starpharma HoldingsSPL1.5-6.5c [-4.2%] 
Webcentral GroupWCG0.48-2c [-4.0%]Price fall on slipping relative strength
Aristocrat LeisureALL29.9$A-1.22 [-3.9%]Falls for a second consecutive day
Fluence CorporationFLC0.25-1c [-3.9%]Price fall on slipping relative strength
SchafferSFC17.6-70c [-3.8%]Price fall on falling relative strength
PraemiumPPS0.66-2.5c [-3.6%]Price fall on falling relative strength
Tribune ResourcesTBR5.81-22c [-3.6%]Price/MAP200 below 1 and falling
Lovisa HoldingsLOV10.44-38c [-3.5%]Price fall on slipping relative strength
Australian VintageAVG0.58-2c [-3.3%]Price fall on slipping relative strength
SKY Network TelevisionSKT0.14-0.5c [-3.3%]Price fall on slipping relative strength
Magellan FinancialMFG47.57$A-1.60 [-3.2%]Price fall on slipping relative strength
NEXTDCNXT11.48-38c [-3.2%] 
Tungsten MiningTGN0.15-0.5c [-3.1%]Overbought: close to 14-day high
Seven West MediaSWM0.32-1c [-3.0%]Price fall on slipping relative strength


SECTION 3 TOP TWENTY STOCKS BY DIVIDEND YIELD

Company NameCodeLast, AUD% Yield
OroraORA2.5323.8
Base ResourcesBSE0.2912.1
Southern Cross MediaSXL2.3711.6
Navigator Global InvestmentsNGI1.9910.2
Spark InfrastructureSKI2.110
Kina SecuritiesKSL0.969.2
Cromwell PropertyCMW0.848.9
APN PropertyAPD0.578.4
Yancoal AustraliaYAL2.558.3
Centuria Office REITCOF2.088.2
AGL EnergyAGL128.2
McPherson'sMCP1.417.8
IOOF HoldingsIFL3.77.4
Vita GroupVTG1.047.4
Irongate GroupIAP1.187.4
Aurizon HoldingsAZJ3.857.1
Harvey NormanHVN5.147
Fortescue MetalsFMG25.187
Australian Unity Office FundAOF2.136.8
GDI PropertyGDI1.156.7

SECTION 4 TOP TWENTY STOCKS WITH LOWEST P/E

Company NameCodeLast, AUDP/E
GrainCorpGNC4.322.9
Zimplats HoldingsZIM13.954.5
Grange ResourcesGRR0.324.5
Perenti GlobalPRN1.364.5
Yancoal AustraliaYAL2.554.7
Silver Lake ResourcesSLR1.685.4
Emeco HoldingsEHL1.165.9
Energy WorldEWC0.086.3
Stanmore CoalSMR0.856.5
Tribune ResourcesTBR5.816.5
Jupiter MinesJMS0.326.6
Base ResourcesBSE0.296.7
APN Convenience Retail REITAQR3.516.9
Australis Oil & GasATS0.066.9
Shine JusticeSHJ0.857.1
Washington H Soul Pattinson & CompanySOL28.337.1
Mineral ResourcesMIN39.837.5
AGL EnergyAGL127.6
Vita GroupVTG1.047.6
GDI PropertyGDI1.157.6


SECTION 5 NEW 52-WEEK HIGHS

Stocks hitting their new 52-week highs through the day included:

Company NameCodeLast, AUD52-Wk High, AUD
BHPBHP46.8247.55
AfterpayAPT133.15135.54
Fletcher BuildingFBU5.755.81
Pro MedicusPME38.1939.62
Bank of QueenslandBOQ8.318.43
Champion IronCIA5.325.43
HUB24HUB23.4523.68
ObjectiveOCL13.5614.5
Paladin EnergyPDN0.350.36
ImdexIMD1.771.8
Strike EnergySTX0.350.35
Sunland GroupSDG2.482.5
RPMGlobal HoldingsRUL1.351.39
Michael Hill InternationalMHJ0.730.74
NeometalsNMT0.340.36


SECTION 6 NEW 52-WEEK LOW

Stock hitting its new 52-week low through the day included:

Company NameCodeLast, AUD52-Wk Low, AUD
IPHIPH5.865.77


SECTION 7 BULLISH CANDLESTICK PATTERNS

Company NameCodeLast, AUDComment*
GrainCorpGNC4.32Bullish Harami
NewsNWS23.38Bullish Kicker


* Bullish Harami is formed at the bottom of a downtrend or near a significant support zone.
* 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.

SECTION 8 BEARISH CANDLESTICK PATTERNS

Company NameCodeLast, AUDComment*
Fisher & Paykel HealthcareFPH29.33Bearish Engulfing
McMillan ShakespeareMMS11.77Bearish Engulfing
Netwealth GroupNWL14.73Bearish Kicker
IRESSIRE10.27Shooting 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 Shooting Star chart pattern is a bearish pattern indicative of a possible trend reversal. Usually it foreshadows a lower open in the next session.

SECTION 9 TODAY'S TOP THREE AND BOTTOM THREE HEAVYWEIGHTS

Top three Stocks

Company NameCodeLast, AUDMCap rise $USBMCap Last $USB
BHPBHP$A46.823.9237.4
AfterpayAPT$A133.153.538
Rio TintoRIO$A120.521.4195


Bottom three Stocks

Company NameCodeLast, AUDMCap fall $USMCap Last $USB
CSLCSL$A267.261.7 B121.6
Commonwealth BankCBA$A85.381.7 B151.5
Aristocrat LeisureALL$A29.9779 M19.1

SECTION 10 Year-on-Year Comparison (Trailing year - ended 31 Dec)

In the past 4 years, the All Ordinaries Index has jumped 11.1% from 6,167 to 6,851; an average annual compound rise of 2.7%.

 2020201920182017
Index 31 Dec6,8516,8025,7096,167
Index Change (%)0.719.1-7.47.8
Avg Daily Turnover ($A Billion)6.25.14.44.4


SECTION 11 TODAY'S ANNOUNCEMENTS

11.1 Total Shares On Issue

CodeExcerptsSource
ORIOrica (ORI.AU) has announced an increase of 1,044,084 shares (or 0.3%) in total shares on issue from 405,878,815 to 406,922,899. The effective date is Friday, January 15. BuySellSignals
PLSPilbara Minerals (PLS.AU) has announced an increase of 168,232,849 shares (or 6.2%) in total shares on issue from 2,728,576,255 to 2,896,809,104. The effective date is Monday, January 18. BuySellSignals


SECTION 12 ECONOMIC INDICATORS

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

FXClose Jan 15Jan 13Daily Change %YTD change %
AUD/USD0.77830.77970.181.68
AUD/EUR0.64010.64420.642.7
AUD/JPY80.749980.9480.252.1
AUD/GBP0.56840.56870.050.55
AUD/CHF0.6910.69380.412.28
AUD/CNY5.03915.06230.460.83
AUD/HKD6.03446.04470.171.69
AUD/NZD1.07711.0790.171.11
AUD/SEK6.46516.52470.933.27
AUD/KRW853.6702856.27840.312.69
AUD/SGD1.03071.03380.31.67
AUD/NOK6.58766.62480.570.42


The Australian Dollar fell against the following currencies:

FXClose Jan 15Jan 13Daily Change %YTD change %
AUD/CAD0.98390.9798-0.410.48
AUD/MXN15.336715.2899-0.30.79


12.2 Global Commodities Spot Prices

CommoditiesPrice ($US)% ChangeUnit% YTD
Gold1,844-0.36Troy Ounce-2.7
Silver25.430.6Troy Ounce-3.7
Copper3.611.15Pound2.5
Crude oil53.211.84Barrel9.7
Natural gas2.710.15MMBTU7.2
Class iii milk16.39-1.15100 Pounds3.7
Corn5175.29100 Bushels6.9
Soybean oil43.13-1.91100 Pounds-0.8
Soybean1,4213.63100 Bushels8.1


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

IndicesClose% Change% YTD Change
This Market   
All Ordinaries6,9870.061.9
S&P/ASX 2006,7150.01.9
Compare with:   
Nikkei 22528,6980.83.7
HSI28,4970.74.7
S&P 5003,796-0.41.4
Dow Jones Industrials30,992-0.21.5


12.4 Macro Economic Indicators: Australia

IndicatorValue
GDP (USD Billion)1,393
GDP growth yoy (%)(-3.8)
Interest rate (%)0.1
Inflation rate (%)0.7
Public debt (USD) (billion)400.9
Public debt per person (USD)16,819
Total annual debt change (%)0.5
Debt to GDP ratio (%)45.1
Budget Deficit to GDP(%)0.2
Current account Surplus to GDP(%)0.2
Population (million)23.9


12.5 Australia Sovereign Bonds [with Change in basis points]

Term of MaturityToday's Yield (%)Today's ChangeYTD Change
Australia 3-Year0.112.51
Australia 5-Year0.4472.212
Australia 10-Year1.1374.916
Australia 15-Year1.5234.620


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