Allco Finance (AFG) Winner

Allco Finance (AFG) is the best performing stock on the Australian sharemarket's ASX100 index this week (winner of the week for week 39 of 2007). The financial investment company gained $1.19 in share value or 14.76 percent, closing the week at a healthy $9.25. The Australian dollar closed the week at a strong US$0.8826, gold closed at US$732.30. The Australian All Ordinaries closed at a high of 6580.9 after a strong week and the ASX100 index closed at 6567.8. The company was previously a Loser and a winner of the week.

Allco Finance Limited is listed on the Australian Stock Exchange (ASX) under stock code AFG. You can view their investor website here. David Coe is the Executive Chairman of Allco Finance and the CEO is Robert Mansfield. AFG was listed on the ASX on 28 February, 2001. Investing in businesses & assets which cover niche financial products such as equipment leasing, securitisation, funds management, placement and underwriting of financial risks and other structured financial investments in order to provide an alternative exposure to the financial services industry. Browse for Australian stockbroker recommendations. Check your charts and good luck with your share trading!