AWB: Best Performing Company of the Week

Submitted by Marco on 23 December, 2006 - 21:08

AWB Best Performer

AWB was the best performing company this week on the Australian Stock Exchange (ASX) (Winner of the Week for week 51 of 2006). The company closed higher by 22 percent closing the week at $3.08.

AWB Limited is listed on the Australian Stock Exchange (ASX) under stock code AWB. You can view their investor website here. AWB was the worst performing stock for week 49 of 2006. AWB was listed on the ASX on 22 August, 2001. According to their website: "AWB Limited is Australia's leading agribusiness and one of the world's largest wheat marketing companies. The company is the exclusive manager and marketer of all Australian bulk wheat exports through what is known as the Single Desk. The company markets wheat into more than 50 countries, with Australian wheat exports worth up to $5 billion per year. AWB markets and trades a range of other grains both domestically and internationally, as well as providing additional services such as chartering." Simply put, AWB is involved in wheat management and marketing services. Brendan Stewart is the current Chairman for AWB. A previous stock recommendation for AWB and an earlier article about David Tweed buying AWB shares. Browse for Australian stockbroker recommendations. Check your charts and good luck with your share trading!

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