gain
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.
Gail Kelly, the chief executive of Westpac (WBC) claimed that the worldwide financial meltdown is over. Her declaration came after Westpac- one of the largest banks of Australia saw its cash profit climbing up 33 percent to as much as $1.6 billion for the first quarter due to a sharp fall in bad debts. In her statement Mrs. Kelly said, it seems the worst of the financial crisis is over although the company is monitoring the development closely.
Transurban Group (TCL), a company that owns, develops and operates intelligent transport systems and electronic toll roads with operations in Australia and the United States had the best performing shares of the 6th week in ASX100 with a gain of 21.7 percent or 99 cents to its stock price closing the week at $5.55.
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Top 150 Public Companies Listed on the Australian Stockmarket as at 29/05/2009
- BHP Billiton
- Westpac Banking Corporation (WBC)
- Commonwealth Bank of Australia (CBA)
- National Australia Bank (NAB)
- Telstra (TLS)
- ANZ
- News Corporation (NWS)
- Woolworths Limited(WOW)
- Woodside Petroleum Limited (WPL)
- Rio Tinto
- Westfield Group (WDC)
- Westfarmers Limited (WES)
- QBE Insurance
- CSL
- Newcrest Mining Limited (NCM)
- Origin Energy Limited (ORG)
- Santos Limited (STO)
- AMP Limited (AMP)
- Macquarie Group (MQG)
- Foster’s Group Limited (FGL)