Western Australian Stock Exchange Index
Welcome to the 119th edition of the Deloitte WA Stock Exchange Index (Deloitte WA Index), a monthly review of Western Australian (WA) stocks and indices.
The month of April witnessed a confidence boost in the commodities market, especially base metals and energy, albeit the Deloitte WA Index declined by 2.8% during the month to close at AU$164.2bn.
Investor confidence weakened as data released from China showed lower than anticipated growth of 8.1% for Quarter 1, the weakest result in almost three years.
- Movers and shakers for the month were:
- Straits Resources Limited which increased its market capitalisation by AU$69m (27.6%) to finish the month at AU$318m
- CGA Mining Limited which posted an increase in market capitalisation of AU$104m (16.8%) from - AU$619m to AU$723m
- Medusa Mining Limited which increased its market capitalisation by AU$136m (14.3%) to close at AU$1,088m.
If you have any questions in relation to the Deloitte WA Index please contact Elizabeth Humphryson.