ALS

Mirvac Group (MGR) , a company that operates real estate business in residential and non-residential projects and involved in Real Estate Fund management was the worst performer of the ASX100 list for the 10th week of 2010. The company lost 6 percent or 10 cents to its stock price and was closed for the week at $1.48 (market capitalisation of $4436.9 million).

Alesco Corporation (ALS), a company that is engaged in building materials and home products business has recorded a full year net loss of about $13 million. However, the Alesco authority claimed that it is still in a good condition for the future market recovery. Comparing with the previous year’s $65.5 million net profit before significant items, the company recorded $29.1 million for the recently ended year.