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List of Australian blue chip stocks

Australian shares gained 0.6 percent on Wednesday led by blue chip miners and financials on strong resource price


The biggest Blur chip stocks traded on the ASX, in terms of their market capitalisation, include:
BHP BillitonCommonwealth Bank of AustraliaTelstra CorporationRio TintoNational Australia BankAustralia and New Zealand Banking GroupRio tintoWestpac
The only stock to do worse than the S&P/ASX 200 is Harvey Norman Holdings Ltd [ASX: HVN]. Even so, it’s a better-than-the-bank 8.3% gain. The others have done much better: Qantas [ASX: QAN] up 36.1%; JB Hi-Fi [ASX: JBH] up 20.5%; Toll Holdings [ASX: TOL] up 25.3%; and Myer Holdings [ASX: MYR] up 37.1%. The benchmark S&P/ASX 200 index rose 27.1 points to trade at 4,977.3 by 2310 GMT. It fell 0.8 percent on Tuesday, its lowest close since February 7.
Recent posts

Budget 2015 Australian and Iron ore blues

The budget for 2015 in Australia is out , with tv channels, Property investors, Businessmen and the general public waiting with anxiousness to see what it brings. There is no doubt about it there is a deficit in the Australian economy, but its yet to be seen how this budget has been affected by the declining prices of the Iron ore industry and the doom and gloom climate in the oil and gas industry.
Australia's conservative government assumes the price of iron ore, the country's largest export, will average $US48 a ton in 2015-16, well below the $US60-per-ton estimate given late last year. The iron-ore price has collapsed to around $US55 per ton currently, down from a peak of $US185 per ton in 2011. The price hit a recent low of $US43 per ton in April.  Budget Day 2015 Australia [12 May 2015] Below are the links you will need to get a full bottle on all the budget news you can eat!
Government website - http://www.budget.gov.au/ BUDGET SPEECH 2015Delivered on 12 May 2…

Stock market and High frequency trading

High frequency and computerised trading androgue trading is again  in the news with  trader Mr Adoboli working for UBS  who was arrested at his desk, is alleged to have lost £1.3 billion through his rogue trades  according to the company , now also annoucing that they might go into a loss in this quarter. According to some reports in the media it was said that Mr Adoboli Himself had reported the  trade when the trade went bad before the computers picked up the loss.
Not so long ago in 2008 Jérôme Kerviel, the Paris-based Société Générale trader lost £4 billion in rogue trades, but fought it out in court contesting that the trading firm knew about his trades with large amounts.

High frequency computerised trading in Australia HFT drives the wild swings in global markets and in co-relation influences the local assets, the intensity is expected to rise with online exchange Chi-X to  begin operating in Australia soon with a limited number of stocks in November. The ASX will launch its Pur…

Collin Foods ASX - Like fried chicken and want to invest in KFC ?

Who does not like chicken ? - Chicken has always been of the more popular foods due to it being white meat , high in protein and  no health  risks in  comparisons to some other meats. So it would make sense if you actually think that this would be a good investment based on this general  information.COLLINS FOODS LIMITED (CKF)But picking stocks is not as simple as that ,  and punters should always do their research  before investing . However what we are focussing on  today on is Collin foods which we have featured on our blog before as a stock with potential. Collin foods is in the fried chicken sector , more specifically KFC. Its currently trading @ $1.77Jim Collins is the founder of the Collins Foods Limited, a franchisee of Kentucky Fried Chicken in Southern California, accepted the franchise for KFC in Queensland in 1968 and the first restaurant opened on 16th July 1969 at Kedron in Brisbane.Collins foods has just announced that they are entering western Australia territory and e…

Westpac beats the profit banks

Australian banking giant Westpac on Monday posted a 14 percent jump in full-year net profit with all their core divisions performing well, making it a a bumper year for the country's major lenders in the banking sector. Westpac, the country's second largest bank, said all of its operations contributed higher revenue and earnings. They also said that there was stronger demand for home loans and solid growth in customer deposits. Chief executive Gail Kelly said 'I am very pleased with our 2013 result. It demonstrates strength, consistency, careful balancing of growth and return, and disciplined execution of our strategy,'. Earnings were Aus$6.82 billion (US$6.44 billion), compared with Aus$5.97 billion the previous year.These results follows a record annual profit reporting last week for ANZ Bank, up 11 percent to Au s$6.3 billion, and a 33.6 percent  jump to Aus$5.45 billion for National Australia Bank.

Mining Expo | Diggers and Dealers 2013 Australia

The Diggers and Dealers is one of the major mining expo events in western Australia  that attracts many heavyweights and small time miners in the mining industry. Its been historically been held in the “mining town of kalgoorlie”  for years now.EVENT DATE: Kalgoorlie 5-7 August 2013 - Diggers and Dealers Mining ConferenceKalgoorlie is a historic gold mining town in Western Australia. It is also known as Kalgoorlie Boulder after its neighbouring township. The city was founded on goldfields in 1893 and 50 mines still operate in the district today, mining for gold and other minerals.Every mining town has its entertainment spots .In its golden days Kalgoorlie was filled with cowboys, gambling and brothels. Even Today there are adult entertainment venues specially for the mineworkers  with brothels in Hay Street, a major drawcard for Kalgoorlie tourism. Langtrees 181 is a renovated bordello, where each room has a different theme depicting the lives of the women who once worked here.Diggers…

When banks behave badly–EBook

Every Australian Could be Owed MoneyThis is the book that every Australian should read. There is only one way to get your money back and that’s get educated about how they have been taking YOUR money. Once you understand the secret ways your account has been drained we show you how to claim it back. Did you know in the UK hundreds of Millions of Pounds have been handed back to Customers and its quietly going on here as well.Can the banks shut us down?Lets face it, I know the banks can play hard ball with teams of solicitors and they will try to close this site down any way they can, but we are prepared for it. We have the book loaded up on servers in different countries all round the world and there are back up web sites and domains located across the world as well. All sales are conducted in another country and the publisher is offshore as well.Book video- When banks go bad !