ASX200 makes gains but which fire retardant stock rocketed 35.14%

Australian stocks have ended the week on a positive note as resources stocks pulled the ASX200 up 43 points or 0.8% to 5549.1

While the market moved higher today investors continue to flock and re-rate this technology company and its fire retardant chemistry for some much needed MARKET ACTION…

Alexium International Group (ASX:AJX) continued its upward momentum rising 35.14% to $0.25 with more than 10 million shares traded.

Shares in the company have now risen 66.67% since 30 October and 190% since August.

Alexium has certainly made strong progress in recent months with new transportation customers and better than expected progress towards securing orders from the military sector.

Shares in Liquefied Natural Gas Limited (ASX:LNG) rose 4.05% to $3.85 after the company filed for an export licence for 12 million tonnes per annum of LNG for its Bear Head LNG project in Canada.

The application includes a licence to import up to 503Bcf of gas from the U.S. Shares in the company should trade higher today.

Poseidon Nickel (ASX:POS) is up 3.13% to $0.165 following its updating the Mt Windarra Resource to the JORC 2012 standard.

This is now estimated at 4.36 million tonnes at 1.64% nickel for 71500 tonnes of contained nickel metal using 0.9% cut-off grade.

On the ASX the Energy Index rose 1.8% to 13675.4 points while the Materials Index is up 1.8% to 9335.9 points.


And now for the blue chips

Major miners
 
BHP Billiton (ASX:BHP) up 1.9% to $34.41
Fortescue Metals Group (ASX:FMG) up 3.8% to $3.15
Newcrest (ASX:NCM) up 1.4% to $8.80
Rio Tinto (ASX:RIO) up 1.0% to $60.60


Oil and Gas

Oil Search (ASX:OSH) up 0.8% to $8.69
Santos (ASX:STO) up 1.7% to $12.75
Woodside Petroleum (ASX:WPL) up 1.3% to $40.60


Big 4 banks

ANZ Bank (ASX:ANZ) down 2.4% to $32.80
Commonwealth Bank (ASX:CBA) up 1.7% to $82.54
National Australia Bank (ASX:NAB) down 2.9% to $33.18
Westpac (ASX:WBC) up 1.2% to $34.81


Other banks financials and industrials

AMP (ASX:AMP) up 0.2% to $5.90
Bank of Queensland (ASX:BOQ) down 0.1% to $12.30
Bendigo and Adelaide Bank (ASX:BEN) up 0.9% to $12.82
Macquarie Group (ASX:MQG) up 0.5% to $62.30
Suncorp (ASX:SUN) up 0.8% to $14.93
Telstra (ASX:TLS) up 1.8% to $5.77


Retailers

JB Hi-FI (ASX:JBH) up 3.3% to $16.17
Wesfarmers (ASX:WES) 1.5% to $44.70
Woolworths (ASX:WOW) up 0.4% to $34.48

Proactive Investors Australia is the market leader in producing news articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia UK North America and Hong Kong / China.