The Best Performer of the Week

Submitted by Jim Thesiger on 5 October, 2009 - 00:13

Goodman Group (GMG), a company that mainly focuses in the business of ownership, development and management of business and industrial places with a market capitalisation of $4021.1 million was the best performer of the 40th week in the Australian Stock Exchange with a gain of 9.9 percent closing the week at $0.67. Goodman shares were closed at 61 cents in the prior week It was a mixture of Management, Property and Airline companies in the list of best performing stocks in the Australian Stock Exchange: Goodman Group (GMG), Abacus Property Group (ABP), Virgin Blue Holdings (VBA). Abacus Property Group (ABP), a company that focuses in diversified property investing and fund managing with a market capitalisation of $662.4 million was next in the list adding 8.7 percent to its stock price and was closed for the week at 44 cents. The third place was taken by Virgin Blue Holdings (VBA) a company that offers airline travel service with key focus on Australia. The company added 7.2 percent to its stock price and closed at 45 cents and had a market capitalisation of $983.0 million. The fourth and fifth places were taken by Infigen Energy (IFN) and Kingsgate Consolidated (KCN) with Infigen Energy adding 6.4 percent and Kingsgate Consolidated 5.9 percent to their stock price.