This article is from the Australian Property Journal archive
The ASX Property Indices followed the market yesterday and dipped by 0.5% to finish lower at 1933.8 points.
The Property Indices had jumped to 1942.9 points on Wednesday following the Anzac public holiday on Tuesday, when it was last value at 1922.3 points.
Meanwhile, the positive traders yesterday were MFS Limited, WRF Securities and Finbar Financial.
Yesterday, stocks which traded in the negative territory were led by Village Life and RUN Corp.
Lend Lease shares fell 30 cents to finish the day 2.7% lower at $14.19, despite the group’s subsidiary Bovis Lend Lease winning a $660 million construction project to build the St Davids 2 retail centre in Cardiff in the United Kingdom.
This is the second time Lend Lease shares fell after a major announcement in the UK.
Last month, Lend Lease bought a 75% stake in The Meadows in Chelmsford, Essex for £60 million, $A140 million.
On March 22, following the announcement Lend Lease shares traded 1.22% or 17 cents lower to finish the day at $13.82.
By Adam Parsons
Yesterday’s Winners
|
Name
|
Volume
|
Open $
|
Last $
|
Change $
|
Change
|
|
MFS LTD FPO
|
592,121
|
3.110
|
3.460
|
0.39
|
12.70%
|
|
WRF SECURITIES
|
1,148,429
|
0.475
|
0.500
|
0.02
|
4.17%
|
|
FINBAR INTL
|
6,000
|
0.580
|
0.580
|
0.02
|
3.57%
|
|
BECTON PROPERTY GRP
|
8,707
|
0.530
|
0.530
|
0.015
|
2.91%
|
|
RECORD REALTY
|
105,949
|
0.960
|
0.980
|
0.02
|
2.83%
|
|
ASPEN GROUP
|
39,544
|
1.410
|
1.440
|
0.035
|
2.49%
|
|
MULTIPLEX ACUMEN
|
55,028
|
1.160
|
1.185
|
0.025
|
2.16%
|
|
RECKSON NEW YORK
|
375,500
|
0.750
|
0.765
|
0.015
|
2.00%
|
|
MFS LIVING STAPLE
|
400
|
0.920
|
0.920
|
0.01
|
1.98%
|
|
APN EURO CTG
|
31,405
|
0.830
|
0.845
|
0.015
|
1.81%
|
Yesterday’s Losers
|
Name
|
Volume
|
Open $
|
Last $
|
Change $
|
Change
|
|
VILLAGE LIFE
|
320,750
|
0.265
|
0.250
|
-0.025
|
-9.90%
|
|
RUN CORP LIMITED
|
258,331
|
0.295
|
0.275
|
-0.02
|
-6.77%
|
|
EUR INV GP UNIT
|
27,527
|
1.010
|
1.010
|
-0.04
|
-3.80%
|
|
FOLKESTONE
|
18,875
|
0.545
|
0.545
|
-0.02
|
-3.53%
|
|
SUNLAND GROUP
|
487,835
|
2.380
|
2.300
|
-0.07
|
-2.95%
|
|
FKP LTD
|
133,430
|
5.550
|
5.390
|
-0.15
|
-2.70%
|
|
LEND LEASE CORP
|
839,973
|
14.490
|
14.190
|
-0.30
|
-2.70%
|
|
ABACUS PROP GRP
|
282,135
|
1.540
|
1.500
|
-0.04
|
-2.59%
|
|
WATPAC LIMITED
|
56,641
|
2.340
|
2.280
|
-0.06
|
-2.56%
|
|
LEIGHTON HOLDINGS
|
246,403
|
17.150
|
17.100
|
-0.19
|
-1.90%
|
