Winners of the Week

Submitted by Jim Thesiger on 13 September, 2009 - 15:04

Fairfax Media (FXJ), formerly known as the John Fairfax Holdings Ltd is the biggest and leading newspaper publishing group of Australia that focuses in information, entertainment and news publishing along with advertising sales in both print and electronic media was the best performer of the 37th week in ASX100 with a gain of 12.6 percent or 19 cents closing the week at $1.65. It was a mixture of Publishing, Project Management, Airline, Mining, Exploration and Media, companies in the in the Australian Stock Exchange: Fairfax Media (FXJ), Transfield Services (TSE), Qantas Airways (QAN), Macquarie Media Group (MMG), Medusa Mining (MML), Gindalbie Metals (GBG). Transfield Services (TSE), a company that offers services in the maintenance, operations, assets and project management sector was next in the ASX100 list adding10.7 percent or 41 cents and was closed for the week at $4.21. The third place was taken by Qantas Airways (QAN), an airline company that operates in both domestic and international air transportation services and provider of other related services like catering, ground and passenger handling, flight training, maintenance and engineering. Qantas added 10.2 percent or 25 cents to its stock price and closed at $2.69.

In the ASX200 list, Macquarie Media Group (MMG), Medusa Mining (MML) and Gindalbie Metals (GBG) took the first three positions for the week. Among them, Macquarie Media Group (MMG), a media investment company with investments in a global portfolio of media assets with a market capitalisation of $313.5 million was in the top position with a gain of 23.9 percent or 32 cents and was closed for the week at $1.66. Next in the line was Medusa Mining (MML), a company which focuses in the gold and gold-copper project with a $563.8 million worth of market capitalisation adding 21.8 percent or 60 cents to its stock price closing the week at $3.34. The third position was taken by Gindalbie Metals (GBG), an independent iron ore explorer with a market capitalisation of $706.2 million that mainly focuses on the exploration and appraisal of iron ore projects and developing joint ventures with other mining companies for mineral exploration. Gindalbie added 21.2 percent or 18 cents closing the week at $1.00.

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