Aussie 200 Index Gainers & Losers plus Market Snapshot 12 February 2015

Mixed leads from overseas markets provided little direction for local traders as the all important Australian jobs data was released, printing at a much worse than expected negative 12,200 jobs. This sent the Aussie dollar tumbling below 0.7650 and the Aussie 200 index struggling to hold on to support. Gold also had a less than impressive session, losing ground and now trading at $1,220 per ounce.

How did the Aussie market perform today?

S&P/ASX200 lost 25.5 points or -0.44% on volume of $5.88 billion, closing ­­at 5743.6.

Australian sector watch

Looking over the charts

• The Aussie 200 index has been unable to hold on to recent gains as it battled worse than expected jobs data and late afternoon profit taking.
• Our index has enjoyed a stellar run and traders couldn’t resist locking in some of those gains, especially given we have been sitting in overbought for a few days now.
• Tonight in the US will be interesting as several big names report plus the US indices are right on resistance, seemingly unable to break through easily. So we have a couple of potential headwinds to unfold before we see further blue sky territory on the ASX.

Chart Courtesy of Invast MT4

ASX top 200 stock analysis

14% of stocks are showing oversold levels, 31% are showing overbought levels and 64% of stocks are currently above their long term moving average as of close of trading today. View the image below to better understand overbought and oversold levels.

S&P/ASX 200 Gainers and Losers

Top 5 gainers:

• LNG       LIQUEFIED NATURAL GAS +8.11%
• GEM      G8 EDUCATION +5.32%
• ARI         ARRIUM +4.76%
• TNE        TECHNOLOGY ONE +4.73%
• TSE         TRANSFIELD SERVICES +4.29%

Top 5 Losers:

• HZN       HORIZON OIL -12.00%
• OZL        OZ MINERALS -6.88%
• MRM     MMA OFFSHORE -5.43%
• LEI          LEIGHTON HOLDINGS -5.21%
• BDR        BEADELL RESOURCES -5.00%

Please note that these are our initial impressions and that it is important to read all disclaimers on this website when considering the information. If you would like to discuss further please contact:

Ashley Jessen
Director of Communications
Email: ashley_jessen@invast.com.au
Phone: 02 8036 7567

Thursday, 12 Feb, 2015 / 9:21

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : http://blog.invast.com.au/news/aussie-200-index-gainers-losers-plus-market-snapshot-12-february-2015#.VNxwWvmUcYF