Futuris the Best of its Indices

Besides Fortescue Metals, Futuris Corporation was the best performing company on the ASX100 index closing the week at $2.47, increasing its stock price by 9.4% or 76 cents. Other top movers this week were these two stocks on the ASX index: Incitec Pivot whose shares increasing by 10.56% (or $7.25) closing the week at $60. On the other hand, Kimberley Diamonds increased their share value by 9.42% or 7 cents closing at 76 cents. This week the All Ordinaries closed at 6297.3, while the ASX200 index closed at 6297.4.

Futuris Corporation Limited is listed on the Australian Stock Exchange (ASX) under stock code FCL. You can view their investor website here. FCL was listed on the ASX on 30 June, 1981. Stephen Gerlach is the chairman of Futuris and Leslie Peter Wozniczka is the CEO. The company is involved in an extensive range of farm services to the Australian rural community including rural finance; Design & manufacture of air conditioning and steering systems and related parts for the automotive industry. Futuris Corporation is a leading Australian diversified industrial. Each of their major businesses is a leader in its sector. They have interests in Elders (leading rural services provider), Australian Agricultural Company (largest beef producer), Integrated Tree Cropping (largest hardwood plantation estate) and a 27 percent interest in Webster Limited (salmon aquaculture). Check your charts and good luck with your share trading!