The share market offers us endless investment opportunities which means there will always be winners and losers.
Here are the Top 5 and Bottom 5 from ‘The Market’ (ASX Top 200) this week.
| The Market (XJO) is down 4.9% this fortnight | |||
| Top 5 | |||
| Rank | Code | Description | Two week performance |
| 1 | AMC | Amcor Limited | 4.62% |
| 2 | MPL | Medibank Private Ltd | 4.33% |
| 3 | CTX | Caltex Australia | 1.67% |
| 4 | JHX | James Hardie Industries | 1.12% |
| 5 | SYD | SYD Airport | 0.91% |
| Bottom 5 | |||
| Rank | Code | Description | Two week performance |
| 46 | OSH | Oil Search Ltd | -11.10% |
| 47 | S32 | South32 Limited | -11.34% |
| 48 | ORG | Origin Energy | -11.65% |
| 49 | ANZ | ANZ Banking Grp Ltd | -11.75% |
| 50 | WPL | Woodside Petroleum | -12.68% |
Positive News:
AMC – Deutsche upgraded outlook and added to Top Picks list after FY results
MPL – New CEO appointed
CTX – Annual Report
Negative News:
OSH – Funding concerns for PnG resources
S32 – Deutsche and Morgan Stanley downgraded
ORG – half Year report, Moody’s reaffirms ORG’s credit rating, signs 15 year deal with NSW Solar Farm
ANZ – Bad Debt Increases, $5m pay out for fee errors
WPL – Credit Suisse downgraded.
