RIV

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.

Boom Logistics (BOL) was the overall worst performing stock taking in a 25.5 percent decrease in its share price this week. Among the worst performing stocks for the past trading week (week 7 for 2008) on the Australian sharemarket were a mixture of financial services, electronic, implant devices, constructing and logistics: Challenger FSG (CGF), Cochlear (COH), Leighton (LEI), Boom Logistics (BOL), JB Hi-Fi (JBH). These worst performing stocks for week 7 of 2008 were ranged from 12 percent to 25 percent in their losses.