Best Performers of the Week

Submitted by Jim Thesiger on 30 January, 2010 - 17:40

Dexus Property Group (DXS), a major Australia based property Company that operates at more than 260 properties worth of A$15 billion, mainly concentrating on acquisition, management and development of retail, industrial and office properties in both Australia and other regions with market capitalisation $3955.9 million was the best performer of the 4th week in ASX100 with a gain of 1.2 percent or 1 cent to its stock price closing the week at 83 cents. It was a mixture of property management, manufacturing, financial & technological services and energy companies in the ASX100 and ASX200 list: Dexus Property Group (DXS), Westfield Group (WDC), Ansell (ANN), Management & Technology (SMX), SP AusNet (SPN), Charter Hall Group (CHC). The second place was taken by Westfield Group (WDC), a real property management group that concentrates on property development, property management, shopping centre investment, funds/assets management, leasing and marketing, design and construction. Westfield gained 1 percent or 13 cents to its stock price and closed at $12.64. It was followed by Ansell (ANN), an Australia based company that operates in the gloves and other protective product industry with main focus on development, manufacture, sourcing, distribution and marketing of the products in various regions. The company saw an increase of 0.7 percent or 8 cents to its stock price closing the week at $10.28.

In the ASX200 list, it was Management & Technology (SMX), SP AusNet (SPN), Charter Hall Group (CHC), who made it for the first three positions for the week. Among them, SMS Management & Technology (SMX), a company that offers technology, consulting and resourcing services for Government institutions was at the top (market capitalisation $397.4 million) with an increase of 3.4 percent or 20 cents to its stock price and was closed for the week at $5.96. The second place was taken by SP AusNet (SPN), one of the leading energy delivery companies with operations in Australia and New Zealand. The company added 1.7 percent or 2 cents to its stock price and was closed for the week at 90 cents. Next in the line was Charter Hall Group (CHC), a property investment group with investments in specialised unlisted property funds adding $1.5 percent or 1 cent to its stock price closing the week at 66 cents.

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