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
| Currency | Australian Dollar (AUD) |
| Exchange rate | USD1 = AUD1.6326; AUD1 = 0.6125 USD |
| Exchange Name | Australian Securities Exchange (ASX) |
| Last | 5,291 |
| 52-Week Range | 4,564 - 7,255 |
| Total Market Cap | $A1,716 billion (USD 1,051.3 billion) |
| % change YTD | -22.22 |
| Number of constituents | 478 |
| Avg. daily turnover | AUD 5.6 billion (USD 3.5 billion) |
TODAY'S TRADING SNAPSHOT
| Stocks | No. | % |
| Advanced | 326 | 68.2 |
| Declined | 98 | 20.5 |
| Unchanged | 29 | 6.1 |
| Untraded | 25 | 5.2 |
| Total | 478 | 100 |
AUSTRALIAN DOLLAR EXCHANGE RATES
The Australian Dollar rose against the following currencies:
| FX | Close Apr 01 | Mar 31 | Daily Change % | YTD change % |
| AUD/EUR | 0.5549 | 0.5567 | 0.33 | -11.25 |
| AUD/CAD | 0.865 | 0.8731 | 0.95 | -5.38 |
| AUD/CNY | 4.3391 | 4.3474 | 0.19 | -11.26 |
| AUD/NZD | 1.0289 | 1.0347 | 0.56 | -1.17 |
| AUD/SEK | 6.0681 | 6.0764 | 0.14 | -7.39 |
| AUD/KRW | 751.1632 | 761.5135 | 1.4 | -7.28 |
| AUD/SGD | 0.873 | 0.8733 | 0.03 | -7.51 |
| AUD/MXN | 14.6487 | 15.1183 | 3.31 | 10.44 |
The Australian Dollar fell against the following currencies:
| FX | Close Apr 01 | Mar 31 | Daily Change % | YTD change % |
| AUD/USD | 0.6118 | 0.6112 | -0.1 | -12.69 |
| AUD/JPY | 65.681 | 64.9652 | -1.08 | -13.77 |
| AUD/GBP | 0.494 | 0.489 | -1.01 | -7.52 |
| AUD/CHF | 0.5878 | 0.5877 | -0.02 | -13.33 |
| AUD/HKD | 4.7428 | 4.7388 | -0.08 | -13.05 |
| AUD/NOK | 6.3446 | 6.2972 | -0.74 | 2.72 |
SECTION 1 TOP TWENTY STOCKS BY DIVIDEND YIELD
| Company Name | Last, AUD | % Yield |
| Genworth Mortgage Insurance Australia (GMA) | 2.09 | 29.9 |
| Jupiter Mines (JMS) | 0.23 | 28.9 |
| Neometals (NMT) | 0.14 | 27.6 |
| Adairs (ADH) | 0.84 | 25.6 |
| Elanor Investors (ENN) | 0.87 | 21 |
| Stanmore Coal (SMR) | 0.82 | 17.1 |
| Decmil Group (DCG) | 0.12 | 16 |
| OOH Media (OML) | 0.69 | 15.8 |
| Fortescue Metals (FMG) | 10.35 | 15.5 |
| Whitehaven Coal (WHC) | 2.05 | 15.4 |
| Yancoal Australia (YAL) | 2.1 | 15 |
| Unibail-Rodamco-Westfield (URW) | 4.52 | 14 |
| Regional Express (REX) | 0.58 | 13.8 |
| Helloworld Travel (HLO) | 1.58 | 13.6 |
| Vicinity Centres (VCX) | 1.16 | 13.6 |
| Mosaic Brands (MOZ) | 0.41 | 13.4 |
| Carindale Property Trust (CDP) | 2.74 | 13.2 |
| SG Fleet (SGF) | 1.25 | 13.2 |
| Nick Scali (NCK) | 3.42 | 13.2 |
| Virtus Health (VRT) | 1.85 | 13 |
SECTION 2 TOP TWENTY STOCKS WITH LOWEST P/E
| Company Name | Last, AUD | P/E |
| Australis Oil & Gas (ATS) | 0.02 | 1.6 |
| Grange Resources (GRR) | 0.18 | 1.9 |
| Bathurst Resources (BRL) | 0.06 | 1.9 |
| Perenti Global (PRN) | 0.6 | 2 |
| Decmil Group (DCG) | 0.12 | 2.1 |
| Energy World (EWC) | 0.05 | 2.1 |
| Unibail-Rodamco-Westfield (URW) | 4.52 | 2.1 |
| Stanmore Coal (SMR) | 0.82 | 2.3 |
| Base Resources (BSE) | 0.13 | 2.4 |
| IVE Group (IGL) | 0.5 | 2.4 |
| Yancoal Australia (YAL) | 2.1 | 3.1 |
| Midway (MWY) | 0.99 | 3.2 |
| Jupiter Mines (JMS) | 0.23 | 3.2 |
| Regional Express (REX) | 0.58 | 3.6 |
| Whitehaven Coal (WHC) | 2.05 | 3.8 |
| Alumina (AWC) | 1.46 | 4 |
| Zimplats Holdings (ZIM) | 9.49 | 4.3 |
| Viva Energy Group (VEA) | 1.29 | 4.3 |
| Adairs (ADH) | 0.84 | 4.7 |
| Flexigroup (FXL) | 0.75 | 4.7 |
SECTION 3 BULLISH SIGNALS: TECHNICALS
3.1 New 52-week highStock hitting its new 52-week high through the day included:
| Company Name | Last, AUD | 52-Wk High, AUD |
| NEXTDC (NXT) | 9.18 | 9.19 |
3.2 Top Twenty on price rises
| Company Name | Last, AUD | Price Change | Comment |
| FAR (FAR) | 0.01 | 0.2c [20.0%] | Volume 2.1 times average |
| Audio Pixels (AKP) | 10.9 | $A1.80 [19.8%] | Volume 3.5 times average |
| FBR (FBR) | 0.03 | 0.4c [18.2%] | Price rise on beating relative strength |
| Mayne Pharma (MYX) | 0.36 | 5.5c [17.7%] | Price rise on beating relative strength |
| Skycity Entertainment (SKC) | 2 | 30c [17.6%] | Volume 3.3 times average |
| AP Eagers (APE) | 3.48 | 45c [14.8%] | Oversold: close to 14-day low |
| Pilbara Minerals (PLS) | 0.2 | 2.5c [14.7%] | Price rise on rising relative strength |
| Worley (WOR) | 7.04 | 89c [14.5%] | Volume 3.3 times average |
| Nanosonics (NAN) | 6.41 | 81c [14.5%] | Volume 1.3 times average |
| Rhipe (RHP) | 1.76 | 22c [14.3%] | Price rise on beating relative strength |
| Challenger (CGF) | 4.56 | 56c [14.0%] | Volume 1.3 times average |
| Experience Co (EXP) | 0.08 | 1c [13.9%] | Price rise on rising relative strength |
| Alliance Aviation Services (AQZ) | 1.9 | 23c [13.8%] | Volume 16.9 times average |
| NRW Holdings (NWH) | 1.43 | 17c [13.6%] | Price rise on rising relative strength |
| Beach Energy (BPT) | 1.3 | 15.5c [13.5%] | Price rise on rising relative strength |
| Accent Group (AX1) | 0.89 | 10.5c [13.4%] | Volume 3.3 times average |
| Downer EDI (DOW) | 3.37 | 39c [13.1%] | Volume 2.3 times average |
| LiveHire (LVH) | 0.13 | 1.5c [13.0%] | Volume 2.5 times average |
| Panoramic Resources (PAN) | 0.13 | 1.5c [13.0%] | Price rise on rising relative strength |
| Oil Search (OSH) | 2.68 | 30c [12.6%] | Volume 2.4 times average |
SECTION 4 BEARISH SIGNALS: TECHNICALS
4.1 New 52-week lowsStocks hitting their new 52-week lows through the day included:
| Company Name | Last, AUD | 52-Wk Low, AUD |
| Elanor Retail Property Fund (ERF) | 0.81 | 0.8 |
| Slater & Gordon (SGH) | 0.58 | 0.56 |
| Terracom (TER) | 0.12 | 0.12 |
| Pivotal Systems Corporation (PVS) | 0.79 | 0.79 |
4.2 Bottom Twenty on price falls
| Company Name | Last, AUD | Price Change | Comment |
| 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 Name | Last, AUD | Comment* |
| IMF Bentham(IMF) | 3.6 | Bearish Engulfing |
| Virgin Australia(VAH) | 0.09 | Dark 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 HeavyweightsTop three Stocks
| Company Name | Last, AUD | MCap rise $USB | MCap Last $USB |
| BHP Group (BHP) | $A30.23 | 6.5 | 156.6 |
| CSL (CSL) | $A307 | 4.7 | 139.3 |
| Commonwealth Bank of Australia (CBA) | $A63.67 | 3.3 | 112.7 |
Bottom three Stocks
| Company Name | Last, AUD | MCap fall $USM | MCap Last $USB |
| Wisetech Global (WTC) | $A15.9 | 381.8 | 5.1 |
| Northern Star Resources (NST) | $A10.31 | 162.8 | 7.6 |
| Reliance Worldwide Corporation (RWC) | $A2.44 | 126.4 | 1.9 |
6.2 Present Value Changes For AUD1,000 invested one week ago
Top three Stocks
| Company Name | Last, AUD | PV$A1000 [1week] |
| Apollo Tourism & Leisure (ATL) | 0.17 | 2,000 |
| Village Roadshow (VRL) | 1.81 | 1,905 |
| Mosaic Brands (MOZ) | 0.41 | 1,783 |
Bottom three Stocks
| Company Name | Last, AUD | PV$A1000 [1week] |
| Northern Star Resources (NST) | 10.31 | 764 |
| Flinders Mines (FMS) | 0.03 | 771 |
| Terracom (TER) | 0.12 | 800 |
6.3 Present Value Changes For AUD1,000 invested one year ago
Top three Stocks
| Company Name | Last, AUD | PV$A1000 [1year] |
| Opthea (OPT) | 1.92 | 2,844 |
| Megaport (MP1) | 10.03 | 2,508 |
| Polynovo (PNV) | 1.8 | 2,384 |
Bottom three Stocks
| Company Name | Last, AUD | PV$A1000 [1year] |
| Liquefied Natural Gas (LNG) | 0.09 | 204 |
| FAR (FAR) | 0.01 | 211 |
| Apollo Tourism & Leisure (ATL) | 0.17 | 211 |
SECTION 7 Bullish Indicators
| Description | Value | Rank In Indices |
| Aggregate MCap | $A1,716.3 billion | In Top 5% |
| Today's Trading Turnover | $A7.2 billion | In Top 5% |
| Annual Revenue | $A948.1 billion | In Top 5% |
SECTION 8 Year-on-Year Comparison (Trailing year - ended 31 Mar)
In the past 4 years, the All Ordinaries Index has declined 0.8% from 5,152 to 5,111; an average annual compound fall of 0.2%.| 2020 | 2019 | 2018 | 2017 | 2016 | |
| Index 31 Mar | 5,111 | 6,274 | 5,869 | 5,904 | 5,152 |
| Index Change (%) | -18.5 | 6.9 | -0.6 | 14.6 | -12.1 |
| Avg Daily Turnover ($A Billion) | 5.6 | 4.5 | 4.4 | 4.3 | 4.1 |
SECTION 9 ANNOUNCEMENTS
9.1 Half-yearly Report| Code | Headlines | Source |
| AML | Interim Report (Half Year) Analysis H2 2019: Aeon Metals reports improvement in EPS | BuySellSignals |
| AVZ | Interim Report (Half Year) Analysis H2 2019: AVZ Minerals reports 22.7% fall in Half-Yearly Revenue | BuySellSignals |
| BYE | Interim Report (Half Year) Analysis H2 2019: Byron Energy half year profits hit by 93% fall | BuySellSignals |
| FMS | Interim Report (Half Year) Analysis H2 2019: Flinders Mines reports deterioration in EPS | BuySellSignals |
| HAS | Interim Report (Half Year) Analysis H2 2019: Hastings Technology Metals reports 46.2% fall in Half-Yearly Revenue | BuySellSignals |
| MMI | Interim Report (Half Year) Analysis H2 2019: Metro Mining EPS plummets 61.3% | BuySellSignals |
| NCZ | Interim Report (Half Year) Analysis H2 2019: New Century Resources reports 0.8% fall in Half-Yearly Revenue | BuySellSignals |
| NXT | Interim Report (Half Year) Analysis H2 2019: NEXTDC reports 7.7% rise in Half-Yearly Revenue | BuySellSignals |
| PNC | Interim Report (Half Year) Analysis H2 2019: Pioneer Credit reports 16.4% fall in Half-Yearly Revenue | BuySellSignals |
| PNR | Interim Report (Half Year) Analysis H2 2019: Pantoro reports deterioration in EPS | BuySellSignals |
| SFG | Interim Report (Half Year) Analysis H2 2019: Seafarms Group reports 20.1% rise in Half-Yearly Revenue | BuySellSignals |
| SFX | Interim Report (Half Year) Analysis H2 2019: Sheffield Resources reports 23.2% fall in Half-Yearly Revenue | BuySellSignals |
| SHJ | Interim Report (Half Year) Analysis H2 2019: Shine Corporate reports 298% rise in Half-Yearly Net Profit | BuySellSignals |
| TBR | Interim Report (Half Year) Analysis H2 2019: Tribune Resources half year profits hit by 40.9% fall | BuySellSignals |
9.2 Patent
| Code | Headlines | Source |
| ALL | Aristocrat Leisure (ALL) issued design patent titled "Gaming machine display screen with graphical user interface for a meter and indicator" | BuySellSignals |
| CLV | Clover (CLV) issued patent titled "Safety faucet for hot water" | BuySellSignals |
| CSL | CSL (CSL) issued patent titled "Reconstructed HDL formulation" | BuySellSignals |
| FPH | Fisher & Paykel Healthcare (FPH) issued patent titled "Interface comprising a nasal sealing portion" | BuySellSignals |
| FPH | Fisher & Paykel Healthcare (FPH) issued patent titled "Components for medical circuits" | BuySellSignals |
| FPH | Fisher & Paykel Healthcare (FPH) issued design patent titled "Connector for a nasal cannula assembly" | BuySellSignals |
SECTION 10 ECONOMIC INDICATORS
10.1 Global Commodities Spot Prices| Commodities | Price ($US) | % Change | Unit | % YTD |
| Gold | 1,591 | -4.04 | Troy Ounce | 5.2 |
| Silver | 14.14 | -3.41 | Troy Ounce | -21.1 |
| Copper | 2.22 | -0.09 | Pound | -22.4 |
| Crude oil | 30.9 | -7.1 | Barrel | -46 |
| Natural gas | 2 | 21.3 | MMBTU | -12.6 |
| Brent crude | 38.76 | 1.36 | Barrel | -37.4 |
| Class iii milk | 16.22 | -0.06 | 100 Pounds | -16 |
| Corn | 341 | -2.07 | 100 Bushels | -11.9 |
| Soyabean oil | 27.1 | 2.57 | 100 Pounds | -21.5 |
10.2 Against principal global indices, these markets compared today as:
| Indices | Close | % Change | % YTD Change |
| This Market | |||
| All Ordinaries | 5,291 | 3.5 | -24.87 |
| S&P/ASX 200 | 5,259 | 3.6 | -24.05 |
| Compare with: | |||
| FTSE 100 | 5,672 | 1.9 | -24.8 |
| Dow Jones Industrials | 21,917 | -1.8 | -23.2 |
| S&P 500 | 2,585 | -1.6 | -20 |
| Nikkei 225 | 18,740 | -0.9 | -20.04 |
| HSI | 23,334 | -1.1 | -16.27 |
10.3 Macro Economic Indicators: Australia
| Indicator | Value |
| 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 Maturity | Today's Yield (%) | Today's Change | YTD Change |
| Australia 3-Year | 0.278 | -1.7 | -62 |
| Australia 5-Year | 0.439 | -2.8 | -55 |
| Australia 10-Year | 0.84 | -8.9 | -53 |
| Australia 15-Year | 1.201 | -18.4 | -28 |
Australian Rating Summary
| Rating Agency | Long Term | Foreign Currency | Description |
| Moody's | Aaa | ||
| S&P | AAA | Extremely strong capacity to meet financial commitments. Highest Rating. | |
| FITCH | AAA | 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