Australian Share Market Update 18th August, 2011
August 19, 2011
The All Ordinaries index fell 52.4 points to end the day 1.2% lower to close at 4,319.4.
AMP Limited (AMP) gained 2.6% to close at $4.26 after reporting underlying net profit after tax of $455m for the six months ended 30 June 2011, a 19% improvement on the pcp. AMP declared an interim dividend of 15cps.
Wesfarmers Limited (WES) gained 0.4% to close at $30.41 after reporting FY11 net profit after tax of $1.92bn, up 23% on the pcp. WES declared a final dividend of 85cps (ff) to bring the full year payout to $1.50/share.
Major stock rises:
- AMP Limited (AMP) $4.26 +2.65%
- David Jones Limited (DJS) $2.83 +1.80%
- Coca-Cola Amatil Limited (CCL) $11.60 +1.22%
- Macarthur Coal Limited (MCC) $15.50 +0.98%
- Downer EDI (DOW) $3.69 +0.82%
Major stock falls:
- Alumina Limited (AWC) $1.80 -4.76%
- BlueScope Steel Limited (BSL) $0.87 -4.37%
- Seven West Media Limited (SWM) $2.87 -4.33%
- Santos Limited (STO) $11.68 -3.79%
- News Corporation (NWS) $15.90 -3.28%
If you do have any questions about this or would like to know more about us, please email me at admin@bronsonfs.com.au or give us a call on (07) 5577 8653
Please Note:
This publication has been prepared to provide you with general information only. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision, you need to consider (with or without the assistance of an adviser) whether this information is appropriate to your needs, objectives and circumstances. This information is provided for persons in Australia only and is not provided for the use of any person who is in any other country.
