March the 27th, 2007, Thursday
The All Ords had a mixed session today, closing in the red by 18.20 points to 5952.30.
Resources were mixed with BHP Billiton, fizzling 0.8% to $29.80, whilst rival RIO Tinto jumped 80c higher to $79.80.
Zinifex powered 2.9% to $16.69 before going ex-dividend by 70c this Friday.
Swiss giant Xstrata pushed its $4 billion bid for nickel company LionOre, LionOre surged $2.46 to close at $20.05.
Biotech company CSL Limited vowed it will continue to test its CSL-111 drug, which aims to increase good cholesterol. CSL ended the day up 7c to 84.06, the stock is currently in the lead with Cochlear, Perpetual, Macquarie Bank, and RIO Tinto to become the first Australian stock to reach the $100 mark.
The big four banks pulled the bourse lower, with the exception of ANZ which climbed 4c to close at $29.58.
My trading session:
w00t! ZFX surged today which made me pretty happy! Probably mainly because of the dividend though, also Zinc futures trading went up in Shanghai today. I have no clue what that means but yeah, whatever!
BHP finally took a breather - it's still my long term stock so I keep accumulating small quantities in dips. As long as it holds above $29.50 I think the stock will rally to $32 in very little time and hopefully far beyond that (something it deserves!)
Uranium is going NUTS! Look at PDN/ERA/SMM - crazy! It's funny though. PDN/SMM posted consecutive losses yet they're on fire like anything.
Watch Woodside Petroleum - it broke its downtrend line at $38.50 - if it can hold around $38.50 I think this stock could start rallying, lets see!
Resources were mixed with BHP Billiton, fizzling 0.8% to $29.80, whilst rival RIO Tinto jumped 80c higher to $79.80.
Zinifex powered 2.9% to $16.69 before going ex-dividend by 70c this Friday.
Swiss giant Xstrata pushed its $4 billion bid for nickel company LionOre, LionOre surged $2.46 to close at $20.05.
Biotech company CSL Limited vowed it will continue to test its CSL-111 drug, which aims to increase good cholesterol. CSL ended the day up 7c to 84.06, the stock is currently in the lead with Cochlear, Perpetual, Macquarie Bank, and RIO Tinto to become the first Australian stock to reach the $100 mark.
The big four banks pulled the bourse lower, with the exception of ANZ which climbed 4c to close at $29.58.
My trading session:
w00t! ZFX surged today which made me pretty happy! Probably mainly because of the dividend though, also Zinc futures trading went up in Shanghai today. I have no clue what that means but yeah, whatever!
BHP finally took a breather - it's still my long term stock so I keep accumulating small quantities in dips. As long as it holds above $29.50 I think the stock will rally to $32 in very little time and hopefully far beyond that (something it deserves!)
Uranium is going NUTS! Look at PDN/ERA/SMM - crazy! It's funny though. PDN/SMM posted consecutive losses yet they're on fire like anything.
Watch Woodside Petroleum - it broke its downtrend line at $38.50 - if it can hold around $38.50 I think this stock could start rallying, lets see!
posted by visherer at
11:06 PM
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