BlueScope Steel Ltd (BSL)

The All Ordinaries Index lost 39.9 points to end the day 0.97% lower at 4,093.8.

 

Downer EDI Limited (DOW) ended the day 2.5% lower to close at $3.12 after announcing that, in partnership with Electro-Motive Diesel (EMD), it has been awarded rolling stock supply and support contracts to design, build and deliver 19 new locomotives to Fortescue Metals Group Ltd in Western Australia. The total value of the project is over $73m.

 

The All Ordinaries Index gained 9.4 points to end the day 0.23% higher at 4,176.8.

 

Sydney Airport (SYD) ended the day 0.69% lower to close at $2.89 after announcing that total passenger traffic for May is estimated to have increased 0.3% on the pcp, with domestic traffic estimated to be down 0.6% on the pcp and international traffic (excluding domestic on-carriage) up 2.0% on the pcp.

 

The All Ordinaries index fell 7.2 points to end the day 0.18% higher at 4,118.4.

 

BlueScope Steel Limited (BSL) ended the day 9.62% higher to close at $0.29 after it announced that it continues to make good progress on the debt reduction initiatives communicated in early 2012. BSL also announced that restructuring cash costs for 2H FY2012 will be at the lower end of the previously announced $120m-$140m range.

 

The All Ordinaries index gained 52.0 points to end the day 1.3% higher at 4,156.7.

 

Bank of Queensland Limited (BOQ) ended the day 1.07% higher to close at $6.61 after it announced that it has commenced a buy-back offer for its Guaranteed Senior Unsecured Fixed Rate Notes (A$475m) and Floating Rate Notes (A$525m) due 22 October 2012.  

 

The All Ordinaries index fell 83.5 points to end the day 2.03% lower at 4,033.4.