Transfield Services

Transfield Services (TSE) was the overall worst performing stock taking in a 18.46 percent decrease in their share price. Among the worst performing stocks for the week 20 of 2008 of the Australian sharemarket were a mixture of specialist services, retail investments, and financial services: Transfield Services (TSE), Centro Properties (CNP), Allco Finance (AFG). These worst performing stocks for the week 20 of 2008 recorded losses above 14.28 percent by the end of the trading week.

Allco Finance (AFG) was the best performer in the sharemarket taking in a 113% increase in their share price for the week. Among the best performing stocks for the past trading week (week 13 of 2008) on the Australian sharemarket were a mixture of finance and real estate: Allco Finance (AFG), ING Office (IOF), Valad Property (VPG), Transfield Services (TSE), Platinum Asset (PTM). These best performing stocks for week 13 of 2008 recorded gains above 11.4 percent by the end of the trading week.

Dyno Nobel (DXL) was the overall best performing stock taking in a 31.57 percent increase. It was a mixture of explosives (mining), energy and mining & exploration companies who were among the best performing stocks for the week 35 of 2007 of the Australian sharemarket: Dyno Nobel (DXL), WorleyParsons (WOR), Aristocrat (ALL), Transfield Services (TSE), Beach Petroleum (BPT). These best performing stocks managed gains between 12.17 and 31.57 percent by the end of the trading week. The majority of the best performing companies were mining & exploration companies.

Transfield Services (TSE) is the winner of the week (the best performing company on the Australian sharemarket ASX200 index) for week 6 of 2007. The service provider company closed the week $1.54 higher or 16.8 percent, closing at a final price of $10.70. Transfield had a Buy rating last June and a share price target of $9.95.

Transfield Services (TSE) is the winner of this week closing the week at $8.17 up 8 per cent on the back of a $372 million dollar US acquisition. If you believe in watching volume and any share price jumps in relation to the days volume you may observe that on Monday Transfield saw a peak in volume above the Moving Average. Then the following three days were volatile, with Friday seeing a spike above the resistance point around $7.85.