My Hit List for ASX Australian Stocks - 3 per cent margin CFD

Submitted by Marco on 17 March, 2006 - 22:14

This list of the stocks are on my hit list. They are (or I think that are) on the top 20 stocks of the Australian Stock Exchange (ASX). But the main reason why I've sifted thse 20 stocks is that my broker gives me the largest leverage with these stocks. At 3% down with CFDs they are the lowest margin rates around. Although you are liable for more interest, they provide you with higher risk/reward ratio - hence you must have a tight risk management strategy before you start trading these stocks with CFDs.

AMP - AMP Ltd
ANZ - Australia & New Zealand Banking Group Ltd
BHP - BHP Billiton Ltd
CBA - Commonwealth Bank of Australia
FGL - Foster's Group Ltd
IAG - Insurance Australia Group Ltd
MBL - Macquarie Bank Ltd
NAB - National Australia Bank Ltd
QBE - QBE Insurance Group Ltd
RIN - Rinker Group Ltd
RIO - Rio Tinto Ltd
SGB - St George Bank Ltd
SUN - Suncorp Metway
TLS - Telstra Corp Ltd
WBC - Westpac Banking Corp
WDC - Westfield Group
WES - Wesfarmers Ltd
WOW - Woolworths Ltd
WPL - Woodside Petroleum Ltd

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