Goodman Group: Best Performer for Week 33

Goodman Group (GMG), a company that is engaged in the business of ownership, development and management of business and industrial places was the best performing stocks in ASX100 index for the 33rd week that saw a rise of 19.1 percent or 9 cents in its stock price closing the week at 53 cents. It was a mixture of Property, Resource, Mining, Utilities, and Travel Service related companies in the list of the best performing companies in the Australian Stock Exchange for the 32nd week of 2009: Goodman Group (GMG), Centennial Coal Company (CEY), James Hardie Industries N.V. (JHX), ING Industrial Fund (IIF), Virgin Blue Holdings (VBA), Flight Centre (FLT). Centennial Coal Company (CEY) the biggest Australian independent coal company which is also a coal mining and marketing company that concentrates in the supply of coking and thermal coal to both Australian and export markets was the second best company in ASX100 with a gain of 16.6 percent or 49 cents closing at $3.44. The third place was taken by James Hardie Industries N.V. (JHX) is a company that manufactures building materials and operating in Australia, United States, New Zealand and the Philippines with a gain of 15 percent or 75 cents closing the week at $5.75.

ING Industrial Fund (IIF), Virgin Blue Holdings (VBA) and Flight Centre (FLT) were the top three performers in the ASX200 index for the week. ING Industrial Fund (IIF), a key investor in the real estate industry with a market capitalisation of $527.3 million was the best performer among them in the list adding 34.7 percent or 12 cents closing the week at 47 cents. Virgin Blue Holdings (VBA) a company that provides airline travel services with a focus on Australia that has a market capitalisation worth of $638.7 million was next in the list that gained 33.3 percent or 10 cents and was closed for the week at 38 cents. FLTFlight Centre (FLT), one of Australia’s major independent retail travel group which mainly focuses on the sale of travel and travel-related products and services, with a $1281.9 million of market capitalisation was the third best company in the ASX200 list which added 31.6 percent or $3.09 to its stock price closing at $12.86.