This article is from the Australian Property Journal archive
The ASX Property index fared better than most markets yesterday, closing 0.2% higher at 2085.6 points.
Whilst, the All Ordinaries closed 0.7% lower at 4904.7 points.
Yesterday, the only annual results announcements came from building materials suppliers, Boral and GWA International, which reported a fall in profits.
Boral was worst hit after posting a net profit of $362.4 million for year ending June 30, 2006 – a fall of 2% when compared $370 million in 2005.
Boral closed 31 cents lower at $6.89.
Meanwhile, GWA recorded a net profit $56.8 million for the year to June 30, 2006 – a fall of 11% when compared to $63.8 million in 2005.
Surprisingly, GWA shares closed 2 cents higher at $2.92.
Yesterday, the winners Landmark White, S8 and Axiom Properties. Cromwell, RUN Corp and Sino were amongst the losers.
By Adam Parsons
Yesterday’s Winners
Name
|
Volume
|
Open $
|
Low $
|
High $
|
Last $
|
Change $
|
Change
|
LANDMARK WHITE
|
8,000
|
0.650
|
0.650
|
0.660
|
0.660
|
0.04
|
6.45%
|
S8 LTD
|
1,198,659
|
3.300
|
3.300
|
3.530
|
3.480
|
0.21
|
6.42%
|
AXIOM PROPERTIES
|
226,132
|
0.315
|
0.315
|
0.320
|
0.320
|
0.01
|
3.23%
|
ESPLANADE ORD UN
|
50,000
|
0.200
|
0.200
|
0.200
|
0.200
|
0.005
|
2.56%
|
MACQ LEISURE
|
56,228
|
2.450
|
2.450
|
2.470
|
2.470
|
0.06
|
2.49%
|
HOMELOANS FPO
|
2,097
|
0.430
|
0.430
|
0.430
|
0.430
|
0.01
|
2.38%
|
REALESTATE.COM.AU
|
28,574
|
3.950
|
3.950
|
4.040
|
4.040
|
0.09
|
2.28%
|
WRF SECURITIES
|
11,000
|
0.460
|
0.460
|
0.460
|
0.460
|
0.01
|
2.22%
|
BECTON PROPERTY GRP
|
125,000
|
0.485
|
0.480
|
0.490
|
0.490
|
0.01
|
2.08%
|
MACQUARIE GOODMAN.
|
2,642,634
|
6.310
|
6.200
|
6.400
|
6.400
|
0.09
|
1.43%
|
Yesterday’s Losers
Name
|
Volume
|
Open $
|
Low $
|
High $
|
Last $
|
Change $
|
Change
|
CROMWELL CORP
|
200,759
|
0.905
|
0.840
|
0.910
|
0.840
|
-0.09
|
-9.68%
|
RUN CORP LIMITED
|
110,700
|
0.210
|
0.200
|
0.210
|
0.200
|
-0.02
|
-9.09%
|
SINO SECUS INTL
|
10,000
|
2.600
|
2.600
|
2.600
|
2.600
|
-0.15
|
-5.45%
|
ARIADNE AUST
|
156,350
|
0.420
|
0.410
|
0.420
|
0.410
|
-0.02
|
-4.65%
|
BORAL LIMITED.
|
2,358,944
|
7.110
|
6.700
|
7.110
|
6.890
|
-0.31
|
-4.31%
|
BRICKWORKS FPO
|
3,620
|
12.100
|
11.600
|
12.100
|
11.600
|
-0.50
|
-4.13%
|
FINBAR INTL
|
68,820
|
0.840
|
0.820
|
0.840
|
0.820
|
-0.035
|
-4.09%
|
ALE PROPERTY GRP
|
3,500
|
2.780
|
2.770
|
2.780
|
2.770
|
-0.11
|
-3.82%
|
VILLAGE LIFE
|