Australian Stock Market Analysis

This assignment analyzes the performance of stocks listed on the Australian Securities Exchange (ASX), both Australian-based and foreign-owned. It examines the influence of various factors such as exchange rate movements, Australian market conditions, and company-specific activities on stock prices. The analysis involves comparing the performance of selected companies like Amcor Limited, Benitec Biopharma, 8I Holdings, and Iron Mountain Incorporated, to understand the complex interplay between global and local markets.

Running head: INVESTMENT
Investment
Name of the Student:
Name of the university:
Authors Note:

2INVESTMENT
Table of Contents
Requirement 1:.................................................................................................................................4
Requirement 2:...............................................................................................................................11
Requirement 3:...............................................................................................................................13
Requirement 4:...............................................................................................................................14
Requirement 5:...............................................................................................................................15
Reference.......................................................................................................................................16

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Objective:
The objective behind this document is to evaluate the performance of investment portfolio of an
investor. It is not about evaluating the amount of return but more of understanding the
fluctuations and nuances of stock prices in the stock exchange.
Companies:
In order to conduct the exercise the four companies that have been selected are as following:
The two Australia-based multinational companies that have been selected are as following:
Australia-based MNC
Name of
company
Ticker
symbol
Amount of
investment
Price per share at purchase (17 Nov,
2017)
Amcor Limited (AMC) 10000 15.06
Benitec Bophirima (BLT) 10000 0.18
Amcor Limited: A multi-national packaging company based in Australia, Amcor Limited
provides flexible and rigid packaging for items of different kind.
Benitec Biopharma Limited: Benitec Biopharma is another multi-national company based in
Australia. The company operates in pharmaceutical industry since its incorporation.

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Two foreign multinational companies listed in Australian Stock Exchange (ASX) which have
been selected are as following:
Foreign Stocks (ADRs)
Name of
company
Ticker
symbol
Amount of
investment
Price per ADR at purchase (17 Nov,
2017)
8I Holdings Limited (8IH) 10000 0.3
Iron Mountain Incorporated
(INM)
10000 53.63
8I Holdings Limited: Based in Singapore 8I Holdings Limited is an investment company. The
company though has suffered a recent setbacks however, the investor has decided to invest in the
company as the share price of the company has been very low.
Iron Mountain Incorporated: A USA based company, Iron Mountain Incorporated limited is a
leading service provider of storage and information management services in different parts of the
world.
Requirement 1:
Details of the share price movement.
Amcor Limited
(AMC)
Benitec
Biopharm
8I Holdings
Limited (8IH)
Iron Mountain
Incorporated

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a (BLT) (INM)
Nov-
17
17 15.06 0.18 0.3 53.63
Week
1
24 15.53 0.19 0.28 54.43
Week
2
1 15.73 0.2 0.26 54.12
Week
3
8 15.72 0.2 0.29 53.14
Week
4
15 15.23 0.2 0.26 49.74
Week
5
22 15.48 0.2 0.27 48.02
Week
6
29 15.42 0.2 0.27 48.51
Week
7
5 15.23 0.21 0.3 47.31
Week
8
12 14.86 0.23 0.3 46.18
Week 19 14.47 0.23 0.28 43.85

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9
Week
10
26 14.46 0.225 0.27 44.1
Part a:
Percentage change in stock price:
Amcor Limited:
Date Amcor
Limited
(AMC)
Change
in
stock
price
Percentage
change in stock
price
Primary reason
Nov-17 17/11/2017 15.06
Week 1 24/11/17 15.53 0.47 3.12085 Positive market
information
Week 2 1/12/17 15.73 0.2 1.28783 Financial
performance

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report
Week 3 8/12/17 15.72 -0.01 -0.0636 Market condition
Week 4 15/12/17 15.23 -0.49 -3.117 Market condition
Week 5 22/12/17 15.48 0.25 1.6415 Positive market
information
Week 6 29/12/17 15.42 -0.06 -0.3876 Market condition
Week 7 5/01/18 15.23 -0.19 -1.2322 Market condition
Week 8 12/01/18 14.86 -0.37 -2.4294 Market condition
Week 9 19/01/18 14.47 -0.39 -2.6245 Market condition
Week 10 26/01/18 14.46 -0.01 -0.0691 Market condition
Benitec Biopharma Limited:
Closing price Change
in stock
price
Percentage
change in
stock price
Primary reason
Nov-17 17/11/2017 0.18
Week 1 24/11/17 0.19 0.01 5.55556 Market information
Week 2 1/12/17 0.2 0.01 5.26316 Financial performance

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Week 3 8/12/17 0.2 0 0 Stagnate market
Week 4 15/12/17 0.2 0 0 Stagnate market
Week 5 22/12/17 0.2 0 0 Stagnate market
Week 6 29/12/17 0.2 0 0 Stagnate market
Week 7 5/01/18 0.21 0.01 5 Market condition
Week 8 12/01/18 0.23 0.02 9.52381 Stagnate market
Week 9 19/01/18 0.23 0 0 Stagnate market
Week
10
26/01/18 0.225 -0.005 -2.1739 Stagnate market
8I Holdings Limited:
Closing
price
Change in
stock price
Percentage
change in
stock price
Primary reasons
Nov-17 17/11/2017 0.3
Week 1 24/11/17 0.28 -0.02 -6.6667 Inefficient
performance

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Week 2 1/12/17 0.26 -0.02 -7.1429 Market condition
Week 3 8/12/17 0.29 0.03 11.5385 Positive
information
Week 4 15/12/17 0.26 -0.03 -10.345 Market condition
Week 5 22/12/17 0.27 0.01 3.84615 Positive
information
Week 6 29/12/17 0.27 0 0 Stagnation
Week 7 5/01/18 0.3 0.03 11.1111 Positive market
information
Week 8 12/01/18 0.3 0 0 Stagnate market
Week 9 19/01/18 0.28 -0.02 -6.6667 Market condition
Week
10
26/01/18 0.27 -0.01 -3.5714 Market condition
Iron Mountain Incorporated:
Closing
price
Change in
stock price
Percentage
change in
stock price
Primary reasons

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Nov-17 17/11/2017 53.63
Week 1 24/11/17 54.43 0.8 1.4917 Market
condition
Week 2 1/12/17 54.12 -0.31 -0.5695 Market
condition
Week 3 8/12/17 53.14 -0.98 -1.8108 Market
condition
Week 4 15/12/17 49.74 -3.4 -6.3982 Market
condition
Week 5 22/12/17 48.02 -1.72 -3.458 Market
condition
Week 6 29/12/17 48.51 0.49 1.02041 Market
condition
Week 7 5/01/18 47.31 -1.2 -2.4737 Market
condition
Week 8 12/01/18 46.18 -1.13 -2.3885 Market
condition
Week 9 19/01/18 43.85 -2.33 -5.0455 Market
condition
Week 26/01/18 44.1 0.25 0.57013 Market

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10 condition
Requirement 2:
In case of Amcor Limited the stock price movement has definitely been influenced by the
Australian market conditions however, the stock price movement are not entirely dependent on
the Australian market conditions as the stock price of the company rose significantly higher at
the end of November which was certainly not due to the market condition. Thus, the stock prices
of the company is entirely moved in accordance with the market condition of Australia
(Abernethy, 2015).
In case of Benitec Biopharma Limited the comparison clearly shows that the stock prices
of the company has not moved in accordance with the market condition in Australia. In fact the
stock price has increased by 12.50% over the last 10 week period whereas if the stock price
would have moved in accordance with the Australian market conditions only then the increase

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should not have been more than 2.26% as the market moved only by that much (Gitman et al.,
2015).
8I Holdings Limited’s stock prices have moved in accordance with the market conditions
in Australia. The stock prices have influenced in line with the market conditions in Australia.
In case of stock prices of Iron Mountain Incorporated the fluctuations in stock prices over
the 10 week period from November 24, 2017 to January 26, 2018 have not been completely in
alignment with the market conditions in Australia (Bartram et al., 2015).

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Requirement 3:
Part (a):
The market index movement have not substantially driven the stock prices of both the
foreign multi-national companies which have been used for the exercise in this document. 8I
Holdings Limited and Iron Mountain Incorporated share prices have not moved in accordance
with the local market conditions (Miralles et al., 2015).
Part (b):
8I Holdings Limited (8IH) Iron Mountain Incorporated (INM)
0.3 53.63
0.28 54.43
0.26 54.12
0.29 53.14
0.26 49.74
0.27 48.02