Incitec Pivot

Arrow Energy (AOE) was the overall best performing stock taking in a 12.61 percent increase. It was a mixture of drilling services, chemical manufacturing, financial services, energy and mining & exploration companies who were among the best performing stocks for the week 23 of 2008 of the Australian sharemarket: Boart Longyear (BLY), Incitec Pivot (IPL), Challenger Financial Services Group (CGF), Arrow Energy (AOE), Sundance Resources (SDL). These best performing stocks managed gains above 6.06 percent by the end of the trading week.

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.

Orica was the overall winning stock for the week taking in a 11.2 percent increase in its share price. It was a mixture of metal commercial explosives, mining, travel and media companies who were among the best performing stocks for the week 50 of 2007 on the Australian sharemarket: Orica (ORI), Fortescue (FMG), Consolidated Media (CMJ), Flight Centre (FLT). These best performing stocks for week 50 recorded gains above 10 percent by the end of the trading week.

Macarthur Coal (MCC) was the overall best performing stock taking in a 19.54 percent increase. Among the best performing companies for the past week (week 41 of 2007) on the Australian sharemarket were a mixture of chemical manufacturing, communication services, aviation, coal mining, metal and transportation: Incitec Pivot (IPL), Telstra Corporation (TLS), Qantas (QAN), Macarthur Coal (MCC), Mt. Gibson Iron (MGX), Cabcharge Australia (CAB). These best performing stocks for week 41 managed more than 5.48 percent gain by the end of the trading week.

Karoon Gas, Incitec Pivot and Macarthur Coal were the best performing stocks in their respective categories on the Australian sharemarket for week 41. Karoon Gas (KAR) was the overall winner of the week, shooting up 64 percent on the back of a broker's recommendation which said the company was worth between $20 to $40: the energy company closed the week at $3.70. The winner of the week for the ASX 100 index was Incitec Pivot (IPL) which managed to increase its value by 8.114 percent or $6.71 and closing the trading week at $89.41. On the other hand, ASX 200 winner Macarthur Coal (MCC) managed to put on 19.55 percent of value for its shareholders, or $1.21 closing at $7.40. Other notable gainers of the week were: Mt Gibson Iron ($2.45, increase of 11.36%); Cabcharge Australia ($11.05, increase of 11.17%), Aquarius Platinum ($41.32, increase of 9.6%) and Centro Retail ($1.71, increase of 8.9%). The Australian dollar at Friday close of business was US89.73 cents, gold was $747, All Ordinaries closed the week at 6760.1 and the ASX200 closed at 6748.9. Incitec Pivot was a previous winner of the week. Karoon Gas was also a previous winner. Read a previous recommendation for Macarthur Coal.

Incitec Pivot (IPL) was the overall best performing stock on the ASX100 and the ASX200 indices (winner of the week for week 36 of 2007). IPL rose by 11.145 percent on the week gaining $7.30 of value for its shareholders, closing the week on $72.80. Recent activites by the Incitec Pivot was to acquire a part of Dyno Nobel (DXL). Other runner up winners besides IPL were Fortescue gaining 11.029 percent (+$3.75, closing $37.75) and Mt Gibson Iron gaining 11.111 percent (+0.17, closing $1.70). A previous Incitec Pivot stock tip. The AUD/USD pair closed the week at 82.67 cents, gold at $700, the All Ordinaries at 6296.5 and the ASX200 index on 6278.

Besides Fortescue Metals, Futuris Corporation was the best performing company on the ASX100 index closing the week at $2.47, increasing its stock price by 9.4% or 76 cents. Other top movers this week were these two stocks on the ASX index: Incitec Pivot whose shares increasing by 10.56% (or $7.25) closing the week at $60. On the other hand, Kimberley Diamonds increased their share value by 9.42% or 7 cents closing at 76 cents. This week the All Ordinaries closed at 6297.3, while the ASX200 index closed at 6297.4.