Sharemarket Wrap 23 July 2012

Financial Adviser's picture

The All Ordinaries Index fell 71.4 points to end the day 1.7% lower at 4,159.2.

Woolworths Limited (WOW) ended the day 1.0% higher to close at $27.89 after announcing that sales for the three months to 30 June 2012 were up 5.1% to $12.9bn.
 
Toll Holdings Limited (TOL) ended the day 5.1% lower to close at $3.91 after announcing the appointment of Avi Gilboa as the new Group Director, Strategy and M&A. Most recently, Gilboa was the Australia/New Zealand Managing Director of Unitas Capital, formerly JP Morgan Partners Asia.
 
Best performing stocks:
Dexus Property Group (DXS)
$0.97
+1.05%
Woolworths Limited (WOW)
$27.89
+0.98%
Commonwealth Prop (CPA)
$1.06
+0.95%
Cochlear Limited (COH)
$65.76
+0.37%
Westfield Retail Tst (WRT)
$3.01
+0.33%
 
Major stock falls:
 
Lynas Corporation (LYC)
$0.81
-7.43%
Fortescue Metals Grp (FMG)
$4.05
-7.11%
Arrium Ltd (ARI)
$0.82
-6.29%
Atlas Iron Limited (AGO)
$1.78
-6.07%
Sims Metal Mgmt Ltd (SGM)
$8.20
-5.86%

 

Source: ASX, Lonsec