Australian Daily Newsletter


Daily Index Newsletter: All Ordinaries Index decreases 27.1 points
Monday April 12, 2021


The All Ordinaries Index decreased 27.1 points (or 0.4%) to close at 7,225.

Market capitalization of the Australian All Ordinaries Index fell 0.4% or $A9.3 billion to $A2,586 billion on Monday. Amongst the 453 Stocks traded in the All Ordinaries Index today, 246 (53.1%) declined, 141 (30.4%) advanced and 66 (14.2%) were unchanged. 10 (2.2%) were untraded.

ALL ORDINARIES INDEX DASHBOARD (April 12)

CurrencyAustralian Dollar (AUD)% change YTD5.5
Exchange rateUSD1 = AUD1.31; AUD1 = 0.76 USDTotal Market Cap$A2,586 billion (USD 1,963.7 billion)
Last7,225Ave Div Yield3.2%
Avg. daily turnoverAUD 5.7 billion (USD 4.3 billion)Ave P/E43.2
52-Week Range5,273 - 7,252Number of constituents463


TODAY'S TRADING SNAPSHOT

StocksNo.%
Declined24653.1
Advanced14130.4
Unchanged6614.2
Untraded102.2
Total463100


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
Carnarvon PetroleumCVN0.32c [7.1%]Price rise on rising relative strength
New Century ResourcesNCZ0.191c [5.6%]Price rise on rising relative strength
ClassCL11.799c [5.3%]Price rise on beating relative strength
WamejaWJA0.10.5c [5.3%] 
Galaxy ResourcesGXY3.1214c [4.7%]Volume 2.1 times average
Collection HouseCLH0.231c [4.5%]Volume 1.1 times average
Magnis Energy TechnologiesMNS0.351.5c [4.4%]Volume 3.6 times average
Sigma HealthcareSIG0.723c [4.3%]Price rise on beating relative strength
Seven West MediaSWM0.52c [4.2%]Price/MAP50 above 1
K & SKSC1.45c [3.7%]Price rise on rising relative strength
GWA GroupGWA3.1111c [3.7%]Price rise on rising relative strength
Alliance Aviation ServicesAQZ4.5816c [3.6%]Price/MAP50 above 1 and rising
BWXBWX4.9217c [3.6%]Price/PMAP200 above 1 and rising
3P Learning3PL1.314.5c [3.6%]Price rise on beating relative strength
MACAMLD1.13.5c [3.3%]Price rise on rising relative strength
Reef Casino TrustRCT2.688c [3.1%]Price rise on rising relative strength
SuperloopSLC1.013c [3.1%]Price rise on beating relative strength
Pengana Capital GroupPCG1.75c [3.0%]Volume 2.1 times average
People InfrastructurePPE3.7811c [3.0%]Price rise on beating relative strength
CardnoCDD0.692c [3.0%]Volume 2.3 times average


SECTION 2 TODAY'S STEEPEST FALLS: BOTTOM TWENTY

Company NameCodeLast, AUDPrice ChangeComment
Paladin EnergyPDN0.4-4c [-9.1%]Price fall on falling relative strength
Nickel MinesNIC1.25-10.5c [-7.7%]Price fall on falling relative strength
Helios EnergyHE80.14-1c [-6.7%]Price fall on slipping relative strength
Byron EnergyBYE0.14-1c [-6.5%]Price fall on slipping relative strength
Panoramic ResourcesPAN0.16-1c [-5.9%]Volume 1.2 times average
Supply NetworkSNL6.5-38c [-5.5%]Price fall on slipping relative strength
Dacian GoldDCN0.35-2c [-5.4%]Price/MAP50 below 1
Terramin AustraliaTZN0.04-0.2c [-5.3%]Price fall on slipping relative strength
Starpharma HoldingsSPL1.95-10.5c [-5.1%]Price fall on slipping relative strength
PantoroPNR0.19-1c [-5.0%]Price fall on falling relative strength
Ramelius ResourcesRMS1.62-8.5c [-5.0%]Price fall on slipping relative strength
SRG GlobalSRG0.43-2c [-4.4%]Price fall on falling relative strength
NRW HoldingsNWH2-9c [-4.3%]Price/MAP200 below 1 and falling
Freedom FoodsFNP0.45-2c [-4.3%] 
Helloworld TravelHLO2.04-9c [-4.2%]Volume 2.3 times average
IoneerINR0.34-1.5c [-4.2%]Price fall on falling relative strength
Argosy MineralsAGY0.09-0.4c [-4.2%]Volume 1.2 times average
Fluence CorporationFLC0.23-1c [-4.2%]Volume 2.3 times average
Silver Lake ResourcesSLR1.74-7.5c [-4.1%]Price/PMAP200 below 1
West African ResourcesWAF0.96-4c [-4.0%]Overbought: close to 14-day high


SECTION 3 TOP TWENTY STOCKS BY DIVIDEND YIELD

Company NameCodeLast, AUD% Yield
Base ResourcesBSE0.2823.6
OroraORA3.118.9
Sunland GroupSDG2.3616.9
Fortescue MetalsFMG20.5512
AGL EnergyAGL9.610.6
Vita GroupVTG0.859.4
SmartGroupSIQ6.88.5
Cromwell PropertyCMW0.868.4
Kina SecuritiesKSL1.028.3
Navigator Global InvestmentsNGI1.58.2
Centuria Office REITCOF2.078.1
Motorcycle HoldingsMTO2.478.1
AMPAMP1.267.9
Harvey NormanHVN5.717.7
New Energy SolarNEW0.87.5
Qantm Intellectual PropertyQIP1.057.4
McPherson'sMCP1.447.3
GDI PropertyGDI1.087.2
Aurizon HoldingsAZJ3.957.1
Service StreamSSM1.067.1

SECTION 4 TOP TWENTY STOCKS WITH LOWEST P/E

Company NameCodeLast, AUDP/E
GrainCorpGNC5.343.6
Perenti GlobalPRN1.113.7
Yancoal AustraliaYAL2.284.2
Emeco HoldingsEHL0.964.9
Australis Oil & GasATS0.055.3
CardnoCDD0.695.4
Silver Lake ResourcesSLR1.745.6
Tribune ResourcesTBR5.175.8
AGL EnergyAGL9.66.1
Vita GroupVTG0.856.2
Base ResourcesBSE0.286.2
Jupiter MinesJMS0.316.4
Energy WorldEWC0.086.8
Macmahon HoldingsMAH0.216.8
APN Convenience Retail REITAQR3.496.8
GDI PropertyGDI1.087.1
Shine JusticeSHJ0.867.2
Grange ResourcesGRR0.527.4
Synlait MilkSM13.167.5
Mineral ResourcesMIN41.167.7


SECTION 5 NEW 52-WEEK HIGHS

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

Company NameCodeLast, AUD52-Wk High, AUD
Westpac BankingWBC25.325.38
TelstraTLS3.493.49
ReeceREH19.6219.8
SEEKSEK31.431.89
National StorageNSR2.162.16
Centuria IndustrialCIP3.413.43
Galaxy ResourcesGXY3.123.3
Johns Lyng GroupJLG4.064.1
Sigma HealthcareSIG0.720.74
Estia HealthEHE2.342.35
Australian Unity Office FundAOF2.432.45
CardnoCDD0.690.71


SECTION 6 BULLISH CANDLESTICK PATTERNS

Company NameCodeLast, AUDComment*
Corporate Travel ManagementCTD19.01Bullish Harami
Sydney AirportSYD6.16Bullish Harami
Treasury Wine EstatesTWE10.28Bullish Harami
AnsellANN39.21Bullish Kicker
Monash IVFMVF0.89Bullish Kicker
SantosSTO7.13Bullish Engulfing


* 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.
* 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 7 BEARISH CANDLESTICK PATTERNS

Company NameCodeLast, AUDComment*
AustalASB2.43Bearish Engulfing
AUB GroupAUB19.55Bearish Engulfing
Aurizon HoldingsAZJ3.95Bearish Engulfing
BoralBLD5.95Bearish Engulfing
IVE GroupIGL1.43Bearish Engulfing
McMillan ShakespeareMMS11Bearish Engulfing
Nick ScaliNCK10.21Bearish Engulfing
NRW HoldingsNWH2Bearish Engulfing
Propel Funeral PartnersPFP3.03Bearish Engulfing
Byron EnergyBYE0.14Bearish Kicker
IDP EducationIEL24.21Bearish Kicker
Sandfire ResourcesSFR5.39Bearish Kicker
Macquarie GroupMQG153.92Hanging Man
Sunrise Energy MetalsSRL2.69Hanging Man
AdbriABC3.39Shooting 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.
* 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 8 TODAY'S TOP THREE AND BOTTOM THREE HEAVYWEIGHTS

Top three Stocks

Company NameCodeLast, AUDMCap rise $USMMCap Last $USB
CSLCSL$A265.5955.8120.8
TelstraTLS$A3.49713.641.5
Australia and New Zealand BankingANZ$A28.87369.982.2


Bottom three Stocks

Company NameCodeLast, AUDMCap fall $USBMCap Last $USB
BHPBHP$A46.182.5234.1
Fortescue MetalsFMG$A20.551.163.5
Rio TintoRIO$A114.881185.9

SECTION 9 Year-on-Year Comparison (Trailing year - ended 31 Mar)

In the past 4 years, the All Ordinaries Index has jumped 18.9% from 5,904 to 7,017; an average annual compound rise of 4.4%.

 20212020201920182017
Index 31 Mar7,0175,1116,2745,8695,904
Index Change (%)37.3-18.56.9-0.614.6
Avg Daily Turnover ($A Billion)5.75.64.54.44.3


SECTION 10 TODAY'S ANNOUNCEMENTS

10.1 Annual General Meeting

CodeExcerptsSource
WJAWameja has announced its Annual General Meeting will take place on Friday, May 28. BuySellSignals
WJAWameja has announced its Annual General Meeting will take place on Friday, May 28. BuySellSignals


10.2 Name Change

CodeExcerptsSource
SRLClean Teq Holdings Limited has changed its name to Sunrise Energy Metals Limited. The effective date is Monday, April 12. BuySellSignals
SRLClean Teq Holdings Limited has changed its name to Sunrise Energy Metals Limited. The effective date is Monday, April 12. BuySellSignals


10.3 Code Change

CodeExcerptsSource
SRLClean TeQ has changed its code to SRL. It has also changed its ISIN to AU0000143729. The effective date is Friday, March 12. BuySellSignals
SRLClean TeQ has changed its code to SRL. It has also changed its ISIN to AU0000143729. The effective date is Friday, March 12. BuySellSignals


10.4 People in Business

CodeExcerptsSource
CWNCrown Resorts has appointed Bruce Carter as Non-Executive Director. The appointment takes effect from Apr 12, 2021.BuySellSignals
EOSIan Dennis will retire from Electro Optic Systems as Company Secretary. The retirement will take effect from May 28, 2021.BuySellSignals


SECTION 11 ECONOMIC INDICATORS

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

FXClose Apr 12Apr 08Daily Change %YTD change %
AUD/GBP0.55560.55620.12-1.73
AUD/NOK6.47266.47670.06-1.33


The Australian Dollar fell against the following currencies:

FXClose Apr 12Apr 08Daily Change %YTD change %
AUD/USD0.76120.7589-0.31-0.55
AUD/EUR0.640.6368-0.52.68
AUD/JPY83.376783.0044-0.445.42
AUD/CAD0.95870.9552-0.36-2.09
AUD/CHF0.70470.6999-0.684.31
AUD/CNY4.99174.9835-0.16-0.11
AUD/HKD5.91995.8963-0.4-0.24
AUD/NZD1.08331.0805-0.261.68
AUD/SEK6.50786.4289-1.23.96
AUD/KRW852.4878851.5972-0.12.55
AUD/SGD1.02121.0187-0.240.73
AUD/MXN15.355815.3169-0.250.91


11.2 Global Commodities Spot Prices

CommoditiesPrice ($US)% ChangeUnit% YTD
Gold1,745-0.76Troy Ounce-7.9
Silver25.32-1.02Troy Ounce-4.1
Copper4.04-1.33Pound14.8
Crude oil59.32-0.47Barrel22.3
Natural gas2.530.16MMBTU0
Class iii milk17.650.17100 Pounds11.6
Corn576-0.48100 Bushels19
Soybean oil52.79-1.16100 Pounds21.4
Soybean1,403-0.85100 Bushels6.7


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

IndicesClose% Change% YTD Change
This Market   
All Ordinaries7,225-0.45.9
S&P/ASX 2006,974-0.36.2
Compare with:   
Nikkei 22529,539-0.88.5
HSI28,392-1.15.4
FTSE 1006,9160.17
Dow Jones Industrials33,8010.910.4
S&P 5004,1290.89.9


11.4 Macro Economic Indicators: Australia

IndicatorValue
GDP (USD Billion)1,393
GDP growth yoy (%)(-3.8)
Interest rate (%)0.1
Inflation rate (%)0.9
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(%)4.3
Current account Surplus to GDP(%)0.2
Population (million)23.9


11.5 Australia Sovereign Bonds [with Change in basis points]

Term of MaturityToday's Yield (%)Today's ChangeYTD Change
Australia 3-Year0.1161.22
Australia 5-Year0.6823.535
Australia 10-Year1.7195.375
Australia 15-Year2.0945.477


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