Energy Resources Of Australia

Energy Resources of Australia (ERA) was the worst performer with a negative move of 18.2%. Among the worst performing stocks for the past trading week (week 13 for 2008) on the Australian sharemarket were a mixture of child care services, mining, energy and financial services: ABC Learning (ABS), Lihir Gold (LHG), Fortescue (FMG), Energy Resources Of Australia (ERA), Macquarie DDR Trust (MDT). These worst performing stocks for week 13 of 2008 were ranged from 13.8 percent to 18.2 percent in their losses.

Riversdale (RIV) was the overall best performing shares on the Australian sharemarket taking in a 19.4 percent increase. Among the best performing companies for the past week (week 10 of 2008) on the Australian sharemarket were a mixture of mining and chemical: Incitec Pivot (IPL), Dyno Noble (DXL), Newcrest (NCM), Riversdale (RIV), Western Areas (WSA), Energy Resources of Australia (ERA). Five out of best six performing stocks for indices were mining companies and it was the highlight of the trading week. This clearly indicates the progress achieved by Australian mining companies.

Energy Resources of Australia (ERA) was the overall best performing stock taking in a 13.9 percent increase of its share price. Among the best performing companies for the past week (week 3 of 2008) on the Australian sharemarket were a mixture of engineering, energy, industrial, mining and transportation: Sims Group (SGM), Energy Resources of Australia (ERA), Futuris Corp (FCL), Downer EDI (DOW), Toll Holdings (TOL). All the above best performing stocks for week 3 stocks managed more than 6 percent and less than 11 percent gain at the end of the trading week.

Monadelphous Group (MND) was the overall worst performing stock taking in 18.07 percent decrease. Among the worst performing stocks for the week 32 of 2007 of the Australian sharemarket were a mixture of engineering & infrastructure, steel and mining: Downer EDI (DOW), OneSteel (OST), Zinifex (ZFX), Monadelphous (MND), Energy Resource Australian (ERA), Perilya (PEM). These worst performing stocks for week 32 recorded losses above 10.4 percent by the end of the trading week. Mining companies were dominating both the ASX 100 index and the ASX 200 index in the worst performing stocks list.