CTX

Sundance Resources (SDL) was the overall best performing stock taking in a 47.05 percent increase. The technical chart of the Sundance Resource stock price shows the rise and fall of their stock price. Last week presented a spike which broke the 100 day exponential moving average. Also note that the chart is in logarithmic scale (which displays price movements which is proportional with respect to percentage values) and also the spike in volume.

Iluka Resources (ILU) was the overall worst performing stock taking in a 10.24 percent decrease. Among the worst performing stocks for the week 39 of 2007 on the Australian sharemarket were a mixture of forestry, paper manufacturing, refining, mining and crop production: Futuris Corporation (FCL), PaperlinX (PPX), Caltex Australia (CTX), Iluka (ILU), Nufarm (NUF). These worst performing stocks for the week 39 recorded losses between 4.03 to 10.24 percent by the end of the trading week.

Caltex (CTX) is the best performing company on both the ASX100 and ASX200 indexes this week (Winner of the week for week 8 of 2007). The petroleum distribution company closed the week 6.49 percent higher at $22.80 increasing in value by $1.39 per share on the week. The ASX All Ordinaries closed the week at 5775.2 and the ASX 200 finished at 5786.

Australian Stock Exchange listed stocks with the largest dollar gain and in the S&P/ASX200. Why should a share trader be interested? Because CFDs are on margin - usually 10% on the ASX200, and the larger the dollar $ move the larger the profits. Why look at the largets Gain and Losers? because you can either go Long or Short, respectiely.