The Best Performers of Week 15

Submitted by Jim Thesiger on 10 May, 2010 - 16:52

Australand Property Group (ALZD), a diversified property group that runs business in Sydney, Melbourne, South East Queensland and Perth was the best performer of the 15th week in ASX200 with a gain of 8.5 percent closing the week at $2.93 (market capitalisation $1690.1 million). The company traded its stocks for $2.70 last week. It was a mixture of property management, media, exploration and business project management companies in the ASX200 list for the week: Australand Property Group (ALZD), APN News & Media (APN), Beach Petroleum (BTA), Goodman Group (GMG), Sundance Resources (SDL). Next in the line was APN News & Media (APN), an Australia based media company that is involved in media operations including newspaper publishing, outdoor advertising and radio broadcasting. The company added 8 percent to its stock price closing for the week at $2.43 with a market capitalisation of $1455.1 million. APN shares were traded at $2.25 during the last week. Beach Petroleum (BPT), (previously known as Beach Petroleum), an oil and gas explorer, developer and producer with investments in the resources sector was in the third position with 7.1 percent gain to its stock price closing the week at 84 cents (market capitalisation $902.7 million). The company shares were traded at 78 cents a week earlier. Goodman Group ( GMG), a company that operates in the business of ownership, development and management of business and industrial places held the fourth position in the list adding 6.5 percent to its stock price closing for the week at 74 cents (market capitalisation of $4592.2 million). The company traded at 70 cents during the last week. GMG was followed by Sundance Resources (SDL), a Company that concentrates on iron ore, copper, gold and other base metal exploration added 6.5 percent to its share price and was closed for the week at 17 cents (market capitalisation $447.1 million). A week earlier the company traded at 16 cents in the stock exchange.