Eldorado Gold Corporation- Winner of the Week

Submitted by Jim Thesiger on 11 May, 2010 - 16:17

Eldorado Gold Corporation (EAU), a company that produces gold through projects in Brazil, China, Greece, Turkey and surrounding regions was the best performer of the 17th week in ASX200 with a gain of 9.4 percent closing the week at $18.06 (market capitalisation $548.5 million). The company traded its stocks for $16.51 last week. It was a mixture of gold, gas, coal and utility based companies in the ASX200 list for the week: Eldorado Gold Corporation (EAU), Karoon Gas Australia (KAR), ResMed Inc. (RMD), Centennial Coal Company (CEY), CSL. The second place was taken by Karoon Gas Australia (KAR), a company that is involved in exploration, identification and development of oil and gas reserves. The company gained 6.5 percent to its stock price closing for the week at $7.99 with a market capitalisation of $1418.6 million. Karoon shares were traded at $7.50 during the last week. ResMed Inc. (RMD), company that specialises in the production of medical device with primary concentration on the development, manufacturing and sale of various types of medical equipments was in the third position with 3 percent gain to its stock price closing the week at $7.29 (market capitalisation $5632.8 million). These stocks were traded at $7.08 a week earlier. Centennial Coal Company (CEY), which is the biggest Australian independent coal company involved in coal mining and marketing as well with focus on the supply of coking and thermal coal to both Australian and export markets held the fourth position in the list adding 2.8 percent to its stock price closing for the week at $4.42 (market capitalisation of $1745.2 million). The company traded at $4.30 during the last week. It was followed by CSL, a biopharmaceutical conglomerate that develops, manufactures and markets products that work as cure or prevention against various types of human medical conditions. The compnay added 2.5 percent to its share price and was closed for the week at $33.19 (market capitalisation $19125.2 million). A week earlier CSL traded at $32.39.

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