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)

Currency	Australian Dollar (AUD)	% change YTD	2
Exchange rate	USD1 = AUD1.29; AUD1 = 0.78 USD	Total Market Cap	$A2,516 billion (USD 1,953.1 billion)
Last	6,987	Ave Div Yield	2.98%
Avg. daily turnover	AUD 6.2 billion (USD 4.8 billion)	Ave P/E	37.5
52-Week Range	4,564 - 7,255	Number of constituents	469

TODAY'S TRADING SNAPSHOT

Stocks	No.	%
Declined	225	48
Advanced	182	38.8
Unchanged	44	9.4
Untraded	18	3.8
Total	469	100

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 Name	Code	Last, AUD	Price Change	Comment
Paladin Energy	PDN	0.35	4c [12.7%]	Volume 2.2 times average
Afterpay	APT	133.15	$A12.15 [10.0%]	Price rise on rising relative strength
Neometals	NMT	0.34	3c [9.5%]	Volume 6.3 times average
Avita Medical	AVH	6.04	52c [9.4%]	Price rise on beating relative strength
Danakali	DNK	0.36	3c [9.1%]	Price rise on beating relative strength
Navigator Global Investments	NGI	1.99	16c [8.8%]	Volume 2.6 times average
Byron Energy	BYE	0.19	1.5c [8.6%]	Price rise on beating relative strength
FBR	FBR	0.05	0.4c [8.3%]	Price rise on beating relative strength
Sheffield Resources	SFX	0.39	3c [8.3%]	Price/MAP50 above 1
Ainsworth Game Technology	AGI	0.68	5c [8.0%]	Volume 3 times average
Energy Resources of Australia	ERA	0.27	2c [8.0%]	Volume 3.3 times average
AJ Lucas Group	AJL	0.03	0.2c [7.7%]	Price rise on rising relative strength
Michael Hill International	MHJ	0.73	5c [7.3%]	Volume 3.1 times average
Australian Ethical Investment	AEF	5.98	38c [6.8%]	Price rise on beating relative strength
Australis Oil & Gas	ATS	0.06	0.4c [6.7%]	Volume 1.6 times average
Syrah Resources	SYR	1.16	7c [6.4%]	up 34.88% in the past month
Panoramic Resources	PAN	0.17	1c [6.2%]	up 25.93% in the past month
Clean TeQ	CLQ	0.35	2c [6.1%]	Price rise on rising relative strength
Aeon Metals	AML	0.14	0.75c [5.7%]	Price rise on rising relative strength
Motorcycle Holdings	MTO	2.64	14c [5.6%]	Price rise on rising relative strength

SECTION 2 TODAY'S STEEPEST FALLS: BOTTOM TWENTY

Company Name	Code	Last, AUD	Price Change	Comment
Polynovo	PNV	2.54	-23c [-8.3%]	Price fall on slipping relative strength
Resolute Mining	RSG	0.7	-6c [-7.8%]	Volume 2.2 times average
AVZ Minerals	AVZ	0.2	-1.5c [-6.8%]	Overbought: close to 14-day high
Clover	CLV	1.44	-8.5c [-5.6%]	Price/MAP200 below 1 and falling
Centuria Capital	CNI	2.3	-11c [-4.6%]	Price fall on falling relative strength
Grange Resources	GRR	0.32	-1.5c [-4.5%]	Price fall on slipping relative strength
Starpharma Holdings	SPL	1.5	-6.5c [-4.2%]
Webcentral Group	WCG	0.48	-2c [-4.0%]	Price fall on slipping relative strength
Aristocrat Leisure	ALL	29.9	$A-1.22 [-3.9%]	Falls for a second consecutive day
Fluence Corporation	FLC	0.25	-1c [-3.9%]	Price fall on slipping relative strength
Schaffer	SFC	17.6	-70c [-3.8%]	Price fall on falling relative strength
Praemium	PPS	0.66	-2.5c [-3.6%]	Price fall on falling relative strength
Tribune Resources	TBR	5.81	-22c [-3.6%]	Price/MAP200 below 1 and falling
Lovisa Holdings	LOV	10.44	-38c [-3.5%]	Price fall on slipping relative strength
Australian Vintage	AVG	0.58	-2c [-3.3%]	Price fall on slipping relative strength
SKY Network Television	SKT	0.14	-0.5c [-3.3%]	Price fall on slipping relative strength
Magellan Financial	MFG	47.57	$A-1.60 [-3.2%]	Price fall on slipping relative strength
NEXTDC	NXT	11.48	-38c [-3.2%]
Tungsten Mining	TGN	0.15	-0.5c [-3.1%]	Overbought: close to 14-day high
Seven West Media	SWM	0.32	-1c [-3.0%]	Price fall on slipping relative strength

SECTION 3 TOP TWENTY STOCKS BY DIVIDEND YIELD

Company Name	Code	Last, AUD	% Yield
Orora	ORA	2.53	23.8
Base Resources	BSE	0.29	12.1
Southern Cross Media	SXL	2.37	11.6
Navigator Global Investments	NGI	1.99	10.2
Spark Infrastructure	SKI	2.1	10
Kina Securities	KSL	0.96	9.2
Cromwell Property	CMW	0.84	8.9
APN Property	APD	0.57	8.4
Yancoal Australia	YAL	2.55	8.3
Centuria Office REIT	COF	2.08	8.2
AGL Energy	AGL	12	8.2
McPherson's	MCP	1.41	7.8
IOOF Holdings	IFL	3.7	7.4
Vita Group	VTG	1.04	7.4
Irongate Group	IAP	1.18	7.4
Aurizon Holdings	AZJ	3.85	7.1
Harvey Norman	HVN	5.14	7
Fortescue Metals	FMG	25.18	7
Australian Unity Office Fund	AOF	2.13	6.8
GDI Property	GDI	1.15	6.7

SECTION 4 TOP TWENTY STOCKS WITH LOWEST P/E

Company Name	Code	Last, AUD	P/E
GrainCorp	GNC	4.32	2.9
Zimplats Holdings	ZIM	13.95	4.5
Grange Resources	GRR	0.32	4.5
Perenti Global	PRN	1.36	4.5
Yancoal Australia	YAL	2.55	4.7
Silver Lake Resources	SLR	1.68	5.4
Emeco Holdings	EHL	1.16	5.9
Energy World	EWC	0.08	6.3
Stanmore Coal	SMR	0.85	6.5
Tribune Resources	TBR	5.81	6.5
Jupiter Mines	JMS	0.32	6.6
Base Resources	BSE	0.29	6.7
APN Convenience Retail REIT	AQR	3.51	6.9
Australis Oil & Gas	ATS	0.06	6.9
Shine Justice	SHJ	0.85	7.1
Washington H Soul Pattinson & Company	SOL	28.33	7.1
Mineral Resources	MIN	39.83	7.5
AGL Energy	AGL	12	7.6
Vita Group	VTG	1.04	7.6
GDI Property	GDI	1.15	7.6

SECTION 5 NEW 52-WEEK HIGHS

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

Company Name	Code	Last, AUD	52-Wk High, AUD
BHP	BHP	46.82	47.55
Afterpay	APT	133.15	135.54
Fletcher Building	FBU	5.75	5.81
Pro Medicus	PME	38.19	39.62
Bank of Queensland	BOQ	8.31	8.43
Champion Iron	CIA	5.32	5.43
HUB24	HUB	23.45	23.68
Objective	OCL	13.56	14.5
Paladin Energy	PDN	0.35	0.36
Imdex	IMD	1.77	1.8
Strike Energy	STX	0.35	0.35
Sunland Group	SDG	2.48	2.5
RPMGlobal Holdings	RUL	1.35	1.39
Michael Hill International	MHJ	0.73	0.74
Neometals	NMT	0.34	0.36

SECTION 6 NEW 52-WEEK LOW

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

Company Name	Code	Last, AUD	52-Wk Low, AUD
IPH	IPH	5.86	5.77

SECTION 7 BULLISH CANDLESTICK PATTERNS

Company Name	Code	Last, AUD	Comment*
GrainCorp	GNC	4.32	Bullish Harami
News	NWS	23.38	Bullish 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 Name	Code	Last, AUD	Comment*
Fisher & Paykel Healthcare	FPH	29.33	Bearish Engulfing
McMillan Shakespeare	MMS	11.77	Bearish Engulfing
Netwealth Group	NWL	14.73	Bearish Kicker
IRESS	IRE	10.27	Shooting 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 Name	Code	Last, AUD	MCap rise $USB	MCap Last $USB
BHP	BHP	$A46.82	3.9	237.4
Afterpay	APT	$A133.15	3.5	38
Rio Tinto	RIO	$A120.52	1.4	195

Bottom three Stocks

Company Name	Code	Last, AUD	MCap fall $US	MCap Last $USB
CSL	CSL	$A267.26	1.7 B	121.6
Commonwealth Bank	CBA	$A85.38	1.7 B	151.5
Aristocrat Leisure	ALL	$A29.9	779 M	19.1

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%.

	2020	2019	2018	2017
Index 31 Dec	6,851	6,802	5,709	6,167
Index Change (%)	0.7	19.1	-7.4	7.8
Avg Daily Turnover ($A Billion)	6.2	5.1	4.4	4.4

SECTION 11 TODAY'S ANNOUNCEMENTS

11.1 Total Shares On Issue

Code	Excerpts	Source
ORI	Orica (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
PLS	Pilbara 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:

FX	Close Jan 15	Jan 13	Daily Change %	YTD change %
AUD/USD	0.7783	0.7797	0.18	1.68
AUD/EUR	0.6401	0.6442	0.64	2.7
AUD/JPY	80.7499	80.948	0.25	2.1
AUD/GBP	0.5684	0.5687	0.05	0.55
AUD/CHF	0.691	0.6938	0.41	2.28
AUD/CNY	5.0391	5.0623	0.46	0.83
AUD/HKD	6.0344	6.0447	0.17	1.69
AUD/NZD	1.0771	1.079	0.17	1.11
AUD/SEK	6.4651	6.5247	0.93	3.27
AUD/KRW	853.6702	856.2784	0.31	2.69
AUD/SGD	1.0307	1.0338	0.3	1.67
AUD/NOK	6.5876	6.6248	0.57	0.42

The Australian Dollar fell against the following currencies:

FX	Close Jan 15	Jan 13	Daily Change %	YTD change %
AUD/CAD	0.9839	0.9798	-0.41	0.48
AUD/MXN	15.3367	15.2899	-0.3	0.79

12.2 Global Commodities Spot Prices

Commodities	Price ($US)	% Change	Unit	% YTD
Gold	1,844	-0.36	Troy Ounce	-2.7
Silver	25.43	0.6	Troy Ounce	-3.7
Copper	3.61	1.15	Pound	2.5
Crude oil	53.21	1.84	Barrel	9.7
Natural gas	2.71	0.15	MMBTU	7.2
Class iii milk	16.39	-1.15	100 Pounds	3.7
Corn	517	5.29	100 Bushels	6.9
Soybean oil	43.13	-1.91	100 Pounds	-0.8
Soybean	1,421	3.63	100 Bushels	8.1

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

Indices	Close	% Change	% YTD Change
This Market
All Ordinaries	6,987	0.06	1.9
S&P/ASX 200	6,715	0.0	1.9
Compare with:
Nikkei 225	28,698	0.8	3.7
HSI	28,497	0.7	4.7
S&P 500	3,796	-0.4	1.4
Dow Jones Industrials	30,992	-0.2	1.5

12.4 Macro Economic Indicators: Australia

Indicator	Value
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 Maturity	Today's Yield (%)	Today's Change	YTD Change
Australia 3-Year	0.112	.5	1
Australia 5-Year	0.447	2.2	12
Australia 10-Year	1.137	4.9	16
Australia 15-Year	1.523	4.6	20

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