Sharemarket Wrap 23 July 2012

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.
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Best performing stocks:
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Dexus Property Group (DXS)
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$0.97
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+1.05%
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Woolworths Limited (WOW)
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$27.89
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+0.98%
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Commonwealth Prop (CPA)
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$1.06
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+0.95%
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Cochlear Limited (COH)
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$65.76
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+0.37%
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Westfield Retail Tst (WRT)
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$3.01
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+0.33%
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Major stock falls:
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Lynas Corporation (LYC)
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$0.81
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-7.43%
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Fortescue Metals Grp (FMG)
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$4.05
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-7.11%
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Arrium Ltd (ARI)
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$0.82
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-6.29%
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Atlas Iron Limited (AGO)
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$1.78
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-6.07%
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Sims Metal Mgmt Ltd (SGM)
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$8.20
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-5.86%
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Source: ASX, Lonsec