Straits Resources

It was the mixture of project development, boardsport manufacturing, developers and operators of toll roads, hardwood forest products, power generation and mining companies who were among the best performing stocks for the week 40 of 2007 on the Australian sharemarket: Leighton Holdings (LEI), Billabong International (BBG), Macquarie Infrastructure (MIG), Gunns (GNS), Babcock & Brown Power (BBP), Straits Resources (SRL). These best performing stocks managed gains over 5.76 percent by the end of the trading week.

Other than Coates Hire, other top performers were: Oil producer Santos increased their value by $1.33 or 11.8 percent to close at $12.58. Other big movers this week were from the ASX200 index: Minara closing $8.69, increased by $1.23 or 16.5 percent. Straits Resources (SRL) closed at $4.35, increasing by 54 cents or 14.17 percent. Finally Incitec Pivot closed at $52.75 increasing their company value by $6.48 or 14 percent