MGX

Pan Australian Resources (PNA) was the overall best performing stock taking in a 13.09 percent increase. Among the best performing companies for the week 42 of 2007 on the Australian sharemarket were a mixture of energy, metal & mining, drilling services and agribusiness: Paladin Energy (PDN), Newcrest (NCM), Boart Longyear (BLY), Pan Australian Resources (PNA), AWB (AWB), Mt. Gibson Iron (MGX). All the above best performing stocks for week 42 managed more than 5 percent gain by the end of the trading week. The week’s highlight was the majority of metal and mining companies.

Among the best performing stocks last week (week 42) on the Australian sharemarket were a mixture of energy and mining companies: Nexus Energy (NXS), Paladin (PDN), Pan Australian Resources (PNA), AWB, Mt Gibson Iron (MGX), Sino Gold (SGX), Roc Oil (ROC) and Flight Centre (FLT). All the above best performing stocks for week 42 stocks managed more than 10 percent gain on the trading week. Nexus Energy was the overall winning stock taking in a 16 percent increase after new company takeover speculation and the recent increase in the oil price.

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.

Lynas Corporation (LYS) was the overall best performing stock taking in a 20.09 percent increase. Among the best performing companies for the past week (week 39 of 2007) on the Australian sharemarket were a mixture of financial services, aviation, metal and mining: Allco Finance (AFG), Babcock & Brown Air (BNB), Fortescue (FMG), Lynas Corporation (LYC), Mt. Gibson Iron (MGX), Murchison Metals (MMX). The majority of the best performing companies were metal & mining companies.

Mount Gibson Iron (MGX) was the best performing stock on the ASX200 index this week. (Winner of the week in ASX200 for week 37 of 2007). The iron ore mining and exploration company increased their stock value by 14.706 percent, rising by 25 cents and closing the week at $1.95.

Arrow Energy (AOE) was the overall best performing stock taking in a 10.11 percent increase. Among the best performing companies for the past week (week 31 of 2007) on the Australian sharemarket were a mixture of project development, support services, energy and metal: Arrow Energy (AOE), Leighton Holdings (LEI), Brambles (BXB), Macquarie Airports (MAP). All the above best performing stocks for week 31 managed more than 2.85 percent gain by the end of the trading week.