Aristocrat Leisure: Worst Performer for Week 33

Submitted by Jim Thesiger on 17 August, 2009 - 09:59

Aristocrat Leisure (ALL), a gaming company which is engaged in developing gaming machines, software systems and related equipment with focus in Americas, Asia Pacific and Europe was the worst performer in the ASX100 index for the week losing 5.2 percent or 26 cents in its stock price and was closed for the week at $4.67. It was a mixture of Gaming, Entertainment, Resopurce, Mining, Exploration, Media Investment and Service based companies in the list of the worst performing stocks for the 33rd week of 2009: Aristocrat Leisure (ALL), Tabcorp Holdings Limited (TAH), Newcrest Mining (NCM), Macquarie Media Group (MMG), Transpacific Industries Group (TPI), Independence Group NL (IGO). Tabcorp Holdings Limited (TAH), company that offers leisure, gambling, and other entertainment services was next in the line with a loss of 4.5 percent or 32 cents closing the week at $6.79. The third worst performer of the ASX100 list was Newcrest Mining) (NCM), a gold and copper exploration, development, mining and sales company which is currently Australia’s biggest producer of gold and one of the top 10 gold mining companies in the international arena in terms of production, reserves and capitalisation in the market with a fall of 3.6 percent or $1.10 cents closing at $29.15.

In the ASX200 index, Macquarie Media Group (MMG), Transpacific Industries Group (TPI) and Independence Group NL (IGO) were the three worst performers for this week. Among them, Macquarie Media Group (MMG), a media investment company that invests in a global portfolio of media assets was at the top position. The company with a market capitalisation of $263.1 million lost of 9.1 percent or 14 cents in its stock price closing the week at $1.39. Next in the list was Transpacific Industries Group (TPI), a company that offers waste and environmental service, vehicle retailing and terminal service with focus on Australia, South Pacific and New Zealand with a market capitalisation of $895.5 million. The company lost 8.7 percent or 11 cents and was closed at $1.10. Independence Group NLIndependence Group NL (IGO) a company that focuses on nickel mining and mineral exploration with principle asset is the Long Nickel Mine at Kambalda in Western Australia was placed third in the list with a loss of 6.5 percent or 35 cents and was closed at $4.98. The company has a market capitalisation of $566 million.