Sino Gold

Seek (SEK) was the overall worst performing stock taking in a 13.95 percent decrease. It was a mixture of gaming machine manufacturing, support services, gold mining and Internet job recruitment companies who were among the worst performing stocks for the week 17 of 2008 on the Australian sharemarket: Aristocrat (ALL), Brambles (BXB), Newcrest (NCM), Seek (SEK), Sino Gold (SGX). These worst performing stocks for the week 17 recorded losses above 11.89 percent by the end of the trading week.

Toll Holdings (TOL) was the overall worst performing stock taking in a 18.46 percent decrease. Among the worst performing stocks for the week 16 of 2008 of the Australian sharemarket were a mixture of logistics services, support services, retail shopping, and gold mining: Toll Holdings (TOL), Brambles (BXB), Centro Properties (CNP), Sino Gold (SGX). These worst performing stocks for the week 16 of 2008 recorded losses above 8.69 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.

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.

Sino Gold (SGX) was the best performing stock on the Australian Stock Exchange's ASX200 index (winner of the week for week 38 of 2007) closing the week at $7.12 and gaining $1.22 or 20.678 percent in stock value. Other strong ASX200 finishers were Sally Malay closing at $4.72, up 19.5 percent; Western Areas (WSA) closing trading at $4.95 up 15.9 percent; Minara (MRE) closed at $6.44 or 15.6 percent higher and Commander (CDR) gaining 8 cents on the week (15.3 percent) closing at 60 cents. Aussie dollar closed the week strongly at against the greenback at US 86.83 cents. Gold closed at $736.60. The Australian Stock Exchange All Ordinaries closed 6371.2. Finally, the ASX200 index closed at 6357.8.

Sino Gold (SGX) was the overall best performing stock taking in a 20.67 percent increase. Among the best performing companies for the past week (week 38 of 2007) on the Australian sharemarket were a mixture of oil & gas, metal and mining: Newcrest (NCM), Lihir Gold (LHG), Oil Search (OSH), Sino Gold (SGX), Sally Malay (SMY), Western Areas (WSA). All the above best performing stocks for week 38 managed more than 13.5 percent gain by the end of the trading week. The majority of companies in this list were mining companies.

Adelaide Bank (ADB) was the overall best performing stock taking in a 14.48 percent increase. Among the best performing stocks for the week 32 of 2007 on the Australian sharemarket were a mixture of support services, property development & investment, banking and mining: Brambles (BXB), Goodman Group (GMG), DB RREEF Trust (DRT), Adelaide Bank (ADB), Sino Gold (SGX). The best performing stocks for week 32 recorded gains above 5.78 percent by the end of the trading week.

Sino Gold (SGX) is the winner of the week (the best performing company on the Australian sharemarket) for week 52 of 2006. It is interesting to note that Sino Gold was the loser of the week back in September this year. The gold mining stock has made a spectacular comeback from lows of $3.05 this year to recent highs of $7.50 a share. The company stock closed the week 14 percent higher at $7.30.