What Worked – This week was all about high Dividend yield and Large cap names. High dividend yield names that did well this week were BT Investment Management up 11%, Asaleo Care up 8% and James Hardie Industries up 6%.
Growth names and names up over the last 12 months did not do well this week. Names up over the last year that went down this week were Saracen Mineral Holdings down 12%, Resolute Mining down 12% and Whitehaven Coal down 11%. Growth names that were also hurt were Aconex down 21%, Evolution Mining down 11% and Nextdc Limited down 9%.
Who Moved – 31 names moved on volume this week. On the positive side, BT Investment Management is up 11%, Transurban Group is up 5% and Iron Mountain Inc is up 4% on strong volume. Names mentioned above also moved on volume. On the other side, iSentia Group is down 29%, Aconex is down 21% and Whitehaven Coal Limited is down 11%. All down on strong volume.
PDF Report available here: Download