Sharemarket Wrap 29 June 2012
The All Ordinaries Index gained 49.9 points to end the day 1.2% higher to close at 4,135.5.
David Jones Limited (DJS) ended the day 14.6% higher to close at $2.59 after announcing that the company had received a $1.6bn unsolicited take-over approach from a non-incorporated UK entity (EB Private Equity).
Asciano Limited (AIO) ended the day 4.6% higher to close at $4.35 after reconfirming its earnings guidance that 2H12 EBIT will be above 1H12 and above the previous corresponding period.
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Best performing stocks:
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David Jones Limited (DJS)
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$2.59
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+14.60%
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BlueScope Steel Ltd (BSL)
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$0.30
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+11.11%
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Paladin Energy Ltd (PDN)
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$1.25
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+6.84%
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OneSteel Limited (OST)
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$0.87
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+6.79%
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Boart Longyear (BLY)
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$2.86
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+5.54%
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Major stock falls:
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Westfield Retail Tst (WRT)
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$2.85
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-2.06%
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Amcor Limited (AMC)
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$7.09
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-1.66%
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News Corp (NWS)
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$22.03
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-1.52%
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Boral Limited (BLD)
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$2.95
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-1.34%
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Computershare Ltd (CPU)
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$7.41
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-0.94%
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Source: ASX, Lonsec