Dyno Nobel (DXL) Winner

Submitted by Craig Strzelecki on 1 September, 2007 - 13:56

Dyno Nobel (DXL) was the overall best performing stock taking in a 31.57 percent increase. It was a mixture of explosives (mining), energy and mining & exploration companies who were among the best performing stocks for the week 35 of 2007 of the Australian sharemarket: Dyno Nobel (DXL), WorleyParsons (WOR), Aristocrat (ALL), Transfield Services (TSE), Beach Petroleum (BPT). These best performing stocks managed gains between 12.17 and 31.57 percent by the end of the trading week. The majority of the best performing companies were mining & exploration companies.

Dyno Noble, a global leader in the commercial and explosives industry with over 3,500 employees including some of the most highly trained blasters in the industry, took the ribbon for the best performing stock for the ASX 100 index seeing 31.57 percent increase, adding 60 cents and closing at $2.50. WorleyParsons, a leading provider of professional services to the energy, resource and complex process industries, came in the second position adding $4.60, increasing 13.52 percent and closing at $38.60. WorleyParsons was followed by Aristocrat, the largest gaming machine manufacturer in Australia, and is one of the largest manufacturers of slot machines in the world (currently second only to US based International Game Technology), secured the third position adding $1.52 (+12.17%) and closing at $14.00. On the ASX 200 index, Dyno Nobel secured the first placed followed by Transfield Services, which provides specialist services to a range of industries results in a presence that touches thousands of people across the Pacific, South East Asia, Canada, the United States and the Gulf Region. Transfield Services was closed at $13.13 adding $2.82 (+27.35%). Beach Petroleum, a long established oil and gas exploration and production company based in Adelaide, South Australia was at the third position adding 23 cents (+19.65%) and closing at $1.37.