How have these five ASX stocks fared lately?

October 21, 2022 11:06 AM AEDT | By Sonal Goyal
 How have these five ASX stocks fared lately?
Image source: © Ps7548 | Megapixl.com

Highlights:

  • The ASX 200 closed 1.02% lower at 6,730.70 points on Thursday (20 October 2022).
  • Nine out of eleven significant sectors closed in the red.
  • The Information Technology sector marked the highest fall of 3.76%.

The Australian stock market benchmark index S&P/ASX 200 closed in the red on Thursday (20 October 2022). It lost 69.40 points to close at 6,730.70 points. In the past five trading sessions, the index reported a gain of 1.33% and dropped 9.59% on a year-to-date (YTD) basis.

On Thursday, nine out of eleven significant sectors ended in the red. The Information Technology sector reported a maximum loss of 3.76%. The Energy sector registered the highest gain of 3.13%.   

In this article, we discuss the share performance of the ASX-listed companies Mirvac Group, Reece Limited, Computershare Limited, Brambles Limited, and Aristocrat Leisure Limited.

Mirvac Group (ASX:MGR)

Image source: © Transversospinales | Megapixl.com

Australian property group Mirvac was established in 1972. The group manages its property investment portfolio and development business. According to the company’s website, the company currently manages assets in Perth, Brisbane, Melbourne, and Sydney.

Mirvac shares closed 0.77% lower on the ASX on Thursday at AU$1.94 per share, although the group shared no price-sensitive news. Meanwhile, the benchmark index, ASX 200 A-REIT, closed 0.96% down at 1,253.60 points.

Recently (on 11 October 2022), the company shared that its CEO and managing director, Susan Lloyd-Hurwitz, and chair, John Mulcahy, had announced their retirement plans.

The company said that Rob Sindel, a non-executive director of Mirvac, has been appointed as the new chair and will take up responsibilities from 1 January 2023. Also, the company has begun the process of finding its new CEO.

Over the past five trading sessions (till 20 October 2022), Mirvac’s share price increased by 1.84%. In one month, it has fallen by 4.68%, and in six months, it has dropped by 21.34%. The yearly fall is 34.85%, and the YTD fall is 35.50%.  

Reece Limited (ASX:REH)

Australian capital goods company Reece was founded in 1920 by H. J. Reece. The company began by selling quality hardware supplies in Victoria. Later that year, the first Reece store was opened in Caulfield. Today, the company spans the United States, New Zealand, and Australia.

The hardware, building, and plumbing merchant operates via Reece plumbing centres, Reece Bathroom Life, Reece Onsite, Reece Irrigation and Pools, Reece Civil, Viadux, Reece HVAC, Actrol, Reece Fire, and Metalflex.  

Shares of Reece closed 1.87% down at AU$14.66 apiece. Meanwhile, the benchmark index ASX 200 Industrials (INDEXASX:XNJ) closed 1.59% lower at 6,037.30 points.

Today’s share price movement was not driven by any price-sensitive news. The last update that the company shared was regarding the financial year 2022 (FY22) result notification. The company said it would release FY22 results for the period ending 30 June 2022 on 23 August 2022.

In the past five trading sessions, Reece’s share price increased by 0.41%. In the last six months, the share price has dropped 15.50%, and in a month, it has dropped 0.95%. The yearly fall is 19.54%, and on a YTD basis, it has reported a fall of 47.55%.

Computershare Limited (ASX:CPU)

Australian software and services company Computershare was founded in 1978. Initially, the company aimed to offer computer services to businesses that intended to automate their processes. Over time, the company offered specialised computer bureau services to share registrars and later expanded into stakeholders’ communications, fund services, corporate governance, employee equity plans, class action administration, mortgage servicing, and deposit protection. The company got listed on the ASX in 1994.

On Thursday, Computershare shares closed 2.38% lower at AU$24.61 apiece. Meanwhile, the ASX 200 Information Technology index closed 3.76% down at 1,399.40 points.

No price-sensitive news was shared by the company on Thursday that could have driven the share price movement. The last price-sensitive news that Computershare announced was its full-year results for FY22. During the year, management revenue increased by 12.2% and management EBIT by 19%. The margin income has surged by 74.3%.

Computershare’s share price decreased by 2.34% in the past five trading sessions. In the past six months, it has fallen by 4.09%, and in a month, it has declined by 1.48%. The yearly gain is 35.97%, and it has reported a rise of 20.87% on a YTD basis.  

Brambles Limited (ASX:BXB)

Image source:  © Timonschneider | Megapixl.com

Australian commercial and professional services company Brambles was founded in 1875. Brambles is a supply-chain logistics company that operates in over 60 countries through the CHEP brand. The company claims that with its share-and-reuse model, it moves more goods in more places to more people than any other company.

According to Brambles, its platforms are part of the invisible spine of global supply chains and assist the retail and general manufacturing, beverage, fresh produce, and fast-moving consumer goods industries.

Shares of Brambles closed 1.99% down at AU$11.31 per share on Thursday. Meanwhile, the ASX 200 Industrials (INDEXASX:XNJ) closed 1.59% lower at 6,037.30 points.

Today, the company did not share any price-sensitive news that could have driven the share price performance. Recently, the company has shared the addresses delivered by its CEO and chairman at an annual general meeting. In a comment, Bramble’s chairman, John Mullen, highlighted that the company’s FY22 financial performance had exceeded the guidance. The full-year sales revenue grew by 9%, and the underlying profit grew by 10% (on a constant-currency basis).

Over the past five trading sessions, Brambles’ share price decreased by 1.05%. In one month, it has fallen by 4.23%, and in six months, it has increased by 4.53%. The yearly gain is 9.59%, and the YTD gain is 5.21%.

Aristocrat Leisure Limited (ASX:ALL)

The consumer services company Aristocrat was established in the 1950s, and global expansion began in the 1960s to 70s. Aristocrat is a global technology and gaming content company. Also, the company is a mobile games publisher.

The company is engaged in marketing, manufacturing, developing, and designing a diverse range of services and products, including digital social games, casino management systems, and electronic gaming machines.

The three operating units of the group are Pixel United, Anaxi, and Aristocrat Gaming.

Aristocrat shares closed 2.07% lower at AU$35.00 per share on Thursday. Meanwhile, the ASX 200 Consumer Discretionary closed 1.58% lower at 2,731.80 points.

The group shared no price-sensitive news that could impact Thursday’s share price movement.

Over the past five trading days, the Aristocrat share price gained 2.61%. It has increased by 5.55% in the past six months, and in one month, it has surged by 0.57%. The yearly fall is 25.69%, and on a YTD basis, it has fallen by 22.89%. 


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