Sharecafe

The Market’s Winners & Losers This Week

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) up 1.39% This week
Top 5
Rank Code Description Two week performance
1 SHV Select Harvests 18.09%
2 CAB Cabcharge Australia 17.55%
3 S32 South32 Limited 16.11%
4 FMG Fortescue Metals Grp 13.54%
5 PRG Programmed 12.12%
Bottom 5
Rank Code Description Two week performance
196 TME Trade Me Group -6.67%
197 CTX Caltex Australia -7.68%
198 MSB Mesoblast Limited -8.75%
199 ISD Isentia Group Ltd -8.90%
200 API Australian Pharm. -9.63%

Company News behind the Moves:

Positive:

S32 – upgraded to buy from UBS
FMG – In talks with Vale

Negative:

TME – Ex dividend (only accounts for about a third of the fall)
CTX – Ex dividend (only accounts for about a third of the fall)
MSB – Cut to Neutral from JP Morgan
ISD – Ex dividend (accounts for less than a quarter of the fall)

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