BSL

Low Performing Australian Shares from the ASX 100 index. These stocks decreased their share price by the most percentage points on the Australian share market, the Australian Securities Exchange (ASX) from the previous week of trading. Other lists of Australian companies by Market capitalisation.

List of Low Performing Australian Shares - ASX 100

Australia's largest steel maker, BlueScope Steel (ASX:BSL) have returned to profit and have resumed paying out dividends. BSL has posted a net profit of $126 million for FY2010 ending June30, compared to a net loss of $66 million for the previous corresponding period. BSL was one of the low performing stocks last week.

BlueScope Steel Dividends

Bottom stocks for this week of the bottom 10 Australian shares which are in the ASX 100. Among the bottom stocks this week included: TELSTRA CORPORATION LIMITED., JAMES HARDIE INDUSTRIES N.V., COMPUTERSHARE LIMITED, DOWNER EDI LIMITED, TRANSFIELD SERVICES LIMITED, TABCORP HOLDINGS LIMITED, UNITED GROUP LIMITED, LEIGHTON HOLDINGS LIMITED, BLUESCOPE STEEL LIMITED, WORLEYPARSONS LIMITED.

Here are the Top 100 Australian Companies top 10 stocks which gained the most percentage points of company value on the share market, the Australian Securities Exchange (ASX) this 29th week of 2010 (last week):

BlueScope Steel (BSL), a renowned investor in the steel industry that concentrates in Europe, North America and Asia Pacific was the best performer of the 8th week in ASX100 with a gain of 10.3 percent or 25 cents closing the week at $2.67.

WorleyParsons (WOR), an Australia based company that concentrates on engineering design and project related services along with maintenance and reliability support services to diversified industrial segments with a market capitalisation of $6042.6 million was the worst performer in the ASX100 list that lost 16.7 percent or $5.11 to its stock price closing the week at $25.35.

BlueScope Steel (BSL), a major investor in the steel industry that focuses in Europe, North America and Asia Pacific was the best performing stocks in ASX100 index for the 29th week that saw a rise of 15.7 percent or 38 cents in its stock price closing the week at $2.80.

As a result of the economic slowdown, many companies in the recent past have announced capital raising programs. About 28 companies in the first half of 2008 and 49 companies since June have increased their capital and majority of them managed to stabilise their balance sheets. This was not the case in the recent years as balance sheet stabilisation was not a big portion of companies.

Perilya (PEM) was the overall best performing stock taking in a 20.96 percent increase. It was a mixture of toll road development, infrastructure services, steel manufacturing, and mining companies who were among the best performing stocks for the week 28 of 2008 of the Australian sharemarket: Transurban Group (TCL), Babcock & Brown Infrastructure (BBI), BlueScope Steel (BSL), Perilya (PEM), Macarthur Coal (MCC). These best performing stocks managed gains above 10.04 percent by the end of the trading week.