ILU

WorleyParsons (WOR), an Australia based company that concentrates on engineering design and project related services along with maintenance and reliability support services to diversified industrial segments with a market capitalisation of $6042.6 million was the worst performer in the ASX100 list that lost 16.7 percent or $5.11 to its stock price closing the week at $25.35.

ABC Learning was the overall best performing stock - taking in a 57.53 percent increase in their share price this week. It was a mixture of learning services, energy, support services, and mining companies who were among the best performing stocks for the week 26 of 2008 of the Australian sharemarket: ABC Learning (ABS), Paladin Energy (PDN), Brambles (BXB), Iluka Resources (ILU). These best performing stocks managed gains above 15.32 percent by the end of the trading week.

Centro Properties (CNP) was the overall worst performing stock taking in 18.8 percent decrease in its stock price. Among the worst performing stocks for the week 8 of 2008 on the Australian sharemarket were a mixture of retail investments, child care services and mining: Centro Properties (CNP), ABC Learning (ABS), Macquarie Office (MOF), Iluka Resources (ILU), Centro Retail (CER). These worst performing stocks for week 8 of 2008 recorded losses above 11.9 percent by the end of the trading week.

Fortescue was the overall best performing stock taking in a 15.72 percent increase. It was a mixture of metal & mineral, securities services, pharmaceuticals and mining that were among the best performing stocks for the Australian sharemarket for week 46 of 2007: Fortescue Metals (FMG), Computershare (CPU), Sigma Pharmaceutical (SIP), Iluka Resources (ILU). These best performing stocks managed gains over 9.93 percent by the end of the trading week.

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.

Iluka (ILU) was the worst performer on the ASX200 index this week (Loser of the week for week 39 of 2007). The mining resources company lost 63 cents or 10.244 percent closing the trading week at $5.52. The Australian dollar closed the week at a strong US$0.8826, gold closed at US$732.30. The Australian All Ordinaries closed at a high of 6580.9 after a strong week and the ASX100 index closed at 6567.8. Besides Iluka, another big ASX200 loser was Nufarm, losing 10.241 percent or $1.53 in value closing at $13.41. Read a previous stock recommendation for Iluka (ILU).