Notes as at 15th May 2008
Brett's Total as at 14th May - $109833
Brett's Total as at 15th May - $114385
Up by $4552 for the day!!
$114385 is the highest total since the "major" investment changes on 12th May 2008!! - for Brett's home unit purchase
*** At the close of business - "Stock market closes higher"
The Australian share market closed higher as strong corporate news and a positive lead from overseas combined to offset losses in the resource sector
At the close, the benchmark S&P/ASX200 index was 18 points or 0.31 per cent higher at 5890.7, while the broader All Ordinaries gained 24.6 points or 0.41 per cent higher to 5964.9
On Wall Street overnight, the Dow Jones industrial average putting on 66.20 points, or 0.52 per cent, to close at 12,898.38
The spot price of gold was lower and was trading at $US867.20 an ounce, down US40 cents on Wednesday's local close of $US867.60 an ounce
However, the gold miners were stronger, with Newcrest picking up 94 cents to $30.80, Newmont adding seven cents to $4.82 and Lihir gaining seven cents to $3.01
Brett's shares in CSL Limited were up by $2.65 to $42.33, an increase of 6.68%
Notes as at 16th May 2008
Brett's Total as at 15th May - $114385
Brett's Total as at 16th May - $108282
A drop of $6103 for the day!!
$108282 is the lowest total since the "major" investment changes on 12th May 2008!! ... refer to Note #88 on the 28th May below!!!
*** At the close of business - "Aussie stocks surge, led by miners"
The Australian share market closed back through 6,000 points for the first time since January, boosted by gains in the resource sector
The benchmark S&P/ASX200 index finished 40.3 points, or 0.68 per cent, higher at 5,931, while the broader All Ordinaries rose 41.2 points, or 0.69 per cent, to 6,006.1
"It's been an amazing rally - we've seen the local market recovered over 900 points since the sub-prime induced lows of 5,039 level in March" CMC Markets senior dealer Dominic Vaughan said
"The resources and energy sectors continued to march higher as well with a lot of possible mergers at play"
The gold price strengthened overnight, with investors flocking to the safe-haven commodity following a spate of disappointing economic data from the US, a softer US dollar and speculation about higher energy costs
The price of gold in Sydney was $US880.80 per fine ounce, up $US13.40 from yesterday's close of $867.40
Gold stocks rose accordingly
Newmont jumped 16 cents to $4.98, Newcrest rose 73 cents to $31.53 and Lihir added nine cents to $3.10
Shares in Transfield Services plunged after the project management services and maintenance group said full-year net profit would be lower than market expectations
Transfield was down $3.25, or 24.53 per cent, to $10.00 (NOTE - Brett has 1000 of these shares)
Brett's shares in CSL Limited were down by $2.08 to $40.25, a decrease of 4.91%
Notes as at 23rd May 2008
Notes as at 28th May 2008
Notes as at 2nd June 2008
Brett's Total as at 30th May - $105212
Brett's Total as at 2nd June - $105012
Down by $200 for the day!! (Friday to Monday)
*** At the close of business - "Stocks close marginally higher"
The Australian stock market closed marginally higher after strong gains in the resources and energy sectors outweighed heavy falls by the financials
At the close, the benchmark S&P/ASX200 index was 7.6 points higher at 5662.3, while the broader All Ordinaries gained 7.3 points to 5781.2
"The market has mainly been driven by gains in the energy and the resource sectors today" CMC Markets senior dealer Dominic Vaughan said
"It was mainly the financial sector dragging on the market, but they've since made a recovery and that is part of the reason why we have seen a rally back up today"
The market got off to a positive start despite a mixed lead from Wall Street, with the Dow Jones industrial average falling 7.90 points, or 0.06 per cent, to close at 12,638.32 on Friday
The spot price of gold was higher and was trading at $US884.10 an ounce, up $US8.90 on Friday's local close of $US875.20 an ounce
The gold miners were mixed, with Newmont putting on 10 cents to $4.92, Lihir finding four cents to $3.02 and Newcrest losing 20 cents to $31.64
Brett's shares in Worley Parsons were up by $1.93 to $39.23, an increase of 5.17%