Nexus Energy: Winner of the Week

Submitted by Jim Thesiger on 19 October, 2009 - 01:09

Nexus Energy (NXS), a company which operates in the oil and gas exploration and production industry with a market capitalisation of $293.1 million was the best performer of the 42nd week in the Australian Stock Exchange with a gain of 23.4 percent closing the week at 40 cents. Nexus shares closed at 32 cents in the previous week It was a mixture of Exploration, Investment and Manufacturing companies in the list of best performing stocks in the Australian Stock Exchange for this week: Nexus Energy (NXS), Macquarie Media Group (MMG), Boral (BLD). Macquarie Media Group (MMG), a major investor in an international portfolio of media assets with a market capitalisation of $416.7 million was next in the list adding 12.5 percent to its stock price and was closed for the week at $2.20. Last week Macquarie Media Group shares closed at $1.96. The third place was taken by Boral (BLD), one of the leading manufacturer and wholesaler of building and construction materials in Australia, the United States and Asia that was created in the year 2000. The company added 12.3 percent to its stock price and closed at $6.32 and had a market capitalisation of $3762.4 million. The fourth and fifth places were taken by Alesco Corporation (ALS) and Karoon Gas Australia (KAR). Alesco added 12.1 percent and Karoon 11.9 percent to their stock price.

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